Global TradFi & Macroeconomics

On September 2, 2026, Hong Kong’s “first large-model stock,” ZHIPU (02513.HK), opened at HK$1,155 and then fluctuated downward, standing at HK$1,115 as of publication, down approximately 5.3%. This price has already fallen more than 60% from the intraday all-time high of HK$2,980 set on June 22. At HK$1,115, ZHIPU’s total market cap is approximately HK$519.6 billion. It took less than six months to rise from its issue price of HK$116.2 to a peak of HK$2,980, while it took just over two months to

According to Jin10, India's benchmark 10-year government bond yield rose above 7% on September 2, marking the first time in three months. The 2036-dated bond yield initially climbed to 7.0013%, reaching its highest level since

According to Yonhapinfomax, on September 2, Hwang In-do, head of the Monetary and Credit Research Division at the Bank of Korea Economic Research Institute, stated that the central bank's 6-month forward guidance dot plot can help prepare for future economic challenges amid rapid population aging.

According to Jin10, China's gold jewelry prices fell 36 yuan per gram on September 2 compared to the previous day. Multiple brands reported lower prices, with Zhou Dafu pure gold ornaments and Zhou Daosheng 999 gold jewelry trading at 1,306 yuan per gram, down from 1,342 yuan per gram yesterday,

In US Stock Market News, John Ternus officially became Apple Inc. (AAPL) CEO on Sept. 1, 2026 (8:30 PM IST), replacing Tim Cook after a 15-year tenure that grew the company from roughly $350 billion to about $4.6 trillion. Cook remains with Apple as executive chairman of the board, joining Ternus on

According to International News Agency (via Jin10), Russia's Finance Minister Anton Siluanov said on September 2 that Russian-U.S. financial relations still have a foundation for further development. The statement came following Siluanov's meeting with U.S. Treasury Secretary Bessent, during which b

ARK Investment Management's Chief Futurist Brett Winton said Tesla's Cybercab could expand the U.S. ride-hailing market by 30 to 60 times, while analyst Gary Black argues Uber will win the robotaxi race due to its platform advantage. TSLA stock fell 3% on Tuesday, ending at $356.09. Winton

According to ARK Investment Management Chief Futurist Brett Winton, Tesla's Cybercab could expand the ride-hailing market by 30 to 60 times. Winton expects significantly greater ride availability at prices at least 50% lower than current ride-hailing options to unlock substantial new demand. Tesla'

Dell Technologies (DELL) delivered record second-quarter financial results in US Stock Market News today, with the company releasing its quarterly report after market close on Tuesday, September 1, 2026 at 6:04 PM EST (3:34 AM IST on September 2). The computer and AI specialist blew past Wall

Spot gold declined over 1% intraday to $4,285.07 per ounce, while New York gold futures fell over 1% to $4,331.60 per ounce on September 2.

According to preliminary shipping data from Kpler released Wednesday, only 4 commodity vessels transited the Strait of Hormuz on Tuesday, below the previous day's 10 vessels and the 10-day average of approximately 13 vessels. The four vessels comprised 1 ULCC (ultra-large crude carrier), 1 Panamax t

According to Jin10, as of September 2, 11:37 UTC+8, China's futures market recorded significant net outflows across major contracts. CSI 1000 futures (September 2026 contract) led outflows at 6.502 billion CNY, followed by CSI 500 at 4.778 billion CNY and Shanghai Gold at 2.697 billion CNY. On the i

Hyperliquid Strategies (PURR) increased the size of its committed equity facility with Chardan Capital Markets to $2.5 billion from $1 billion, according to its latest SEC filing. The digital asset treasury firm, focused on Hyperliquid's HYPE token, revealed in its 8-K statement that it has

According to CoinDesk, a consortium of 21 financial institutions including Bank of America, Citi, Goldman Sachs, and UBS plans to form a company in the second half of 2026 to issue a US dollar stablecoin for payments and digital asset transactions, targeting launch in the first half of 2027. The

According to MarketWatch, the Dow Jones Industrial Average fell 0.8% to 52,766.88 on Tuesday, Sept 1, slipping below its 50-day moving average of 52,849.85 for the first time in five months. The index is now down 2.9% from its Aug 5 record high of 54,349.12. The S&P 500 declined 0.7% to 7,631.47,

Two oil tankers transporting crude through the Strait of Hormuz were struck on May 31 (local time), according to two maritime security experts cited by the Financial Times. The vessels were identified as the Senegal Prosperity, owned by Korean shipping company Jangkeum Sangson (Sinoco), and the

According to CNBC's Mad Money host Jim Cramer on Monday, Nvidia should significantly accelerate stock repurchases, proposing a $50 billion buyback program to purchase roughly 10% of its outstanding shares. Cramer argued the market has not adequately reflected Nvidia's exceptional business growth, an

According to Goldman Sachs research on August 31, TrendForce raised its Q3 2026 PC DRAM price forecast to 18-23%, up from the prior 15-20%, while cutting mobile DRAM expectations to 8-13%. Server DRAM guidance was maintained at 13-18%. In August spot market trading, DDR4 8GB and DDR5 8GB prices

According to maritime security experts cited by Financial Times, two tankers including the South Korean-owned Senegal Prosperity and Saudi-owned Sidra were hit by unidentified projectiles on August 31 in the Strait of Hormuz. The attacks followed U.S. airstrikes targeting Iranian Islamic

According to Jin10, offshore Chinese yuan Hong Kong interbank offered rates (CNH HIBOR) on Wednesday, September 2 showed most tenors declining. The two-week HIBOR dropped to 1.43606%, overnight rose to 1.38182%, one-week held steady at 1.40364%, and one-year fell to 1.66939%.