Global TradFi & Macroeconomics

Alibaba reported first-quarter financial results with mixed performance. Revenue reached 268.95 billion yuan, beating the estimated 268.52 billion yuan, while adjusted net profit fell to 20.72 billion yuan, missing the forecast of 25.58 billion yuan. Adjusted earnings per ADS came in at 8.52 yuan

Foreign investors executed a sector rotation strategy on the Korean stock market from August 3 to 19, net selling 2.7669 trillion won worth of KOSPI shares while shifting capital from semiconductor stocks into pharmaceuticals, beauty, and securities. The selling concentrated on SK Hynix (2.0948 tril

Alibaba reported Q1 2026 results with revenue of 27.895 billion yuan, slightly exceeding the estimate of 26.852 billion yuan. However, adjusted earnings per ADS fell short at 8.52 yuan versus the estimate of 11.28 yuan. Adjusted EBITDA came in at 39.14 billion yuan, exceeding the forecast of 36.92 b

Korean ETF investors redirected capital toward broad market index products during the week of May 10-14, despite the semiconductor sector delivering the strongest performance gains. According to financial data provider FnGuide, the semiconductor industry rose 17.7% during this period, outpacing the

Korean penny stock companies are implementing stock consolidations to avoid delisting under new Korea Exchange rules requiring share prices above 1,000 won. As of the 19th, 42 stocks were designated for management monitoring, with 31 classified as penny stocks trading below 1,000 won. The

The UK's CBI Industrial Order Balances data is set to be released in 10 minutes. The indicator measures expectations for industrial orders from manufacturers and serves as a key barometer of economic demand in the manufacturing

According to F&Guide, during the week of August 10-14, South Korea's semiconductor sector surged 17.7%, outpacing the broader KOSPI index's 11.5% gain. However, new ETF inflows concentrated on major index-tracking products rather than semiconductor-focused funds, signaling investors' interest in bro

According to Korea Exchange on August 20, foreign investors shifted their portfolio focus during August 3-19, selling 27.67 trillion won in semiconductor stocks—including 20.95 trillion won from SK Hynix and 16.27 trillion won from Samsung Electro-Mechanics—while aggressively buying into

According to BusinessInsider, Berkshire Hathaway indirectly owns approximately 0.04% of SpaceX, with a market value exceeding $700 million. The stake is not held directly but comes as an ancillary asset through Berkshire's substantial position in Alphabet, Google's parent company, via a two-tier

Futu Holdings reported second-quarter revenue of HK$7.2 billion in Q2 2026, up 36% year-over-year and significantly exceeding market expectations of HK$6.06 billion. Adjusted net profit reached HK$3.73 billion, up 40% year-over-year against analyst estimates of HK$3.09 billion.

According to Caixin, Alibaba announced fiscal 2027 first-quarter results with revenue of 369.5 billion yuan, up 9% year-over-year and slightly exceeding market expectations of 368.5 billion yuan. Adjusted net profit reached 207.2 billion yuan, falling short of the estimated 255.8 billion yuan,

Metaplanet will inject 2,100 BTC, valued at approximately $132.1 million, and $2.5 million in cash into Nasdaq-listed Super League Enterprise under a definitive agreement, forming a new U.S. subsidiary called Superplanet Inc. The Japanese bitcoin treasury company will receive 44.86 million Super Lea

According to Bitcoin.com News, Metaplanet is expanding its bitcoin treasury strategy to the United States through a deal with Nasdaq-listed Super League Enterprise. Under the definitive agreement, Metaplanet will contribute 2,100 BTC (valued at approximately $132.1 million) and $2.5 million in

Scope Prime appointed Glen Hastings to its institutional sales team in London and Freddie Price as Institutional Business Development Manager in Dubai in July 2026. Hastings, who previously worked at INFINOX Global covering institutional foreign exchange and contracts for difference, brings an

According to Foresight News, Bybit launched three perpetual futures contracts today: Arista Networks (ANETUSDT), Futu Holdings (FUTUUSDT), and 2x SpaceX ETF (SPCHUSDT). All contracts offer maximum leverage of 25x.

According to Gate data cited by ChainCatcher, Futu Holdings (FUTU.O) rose 10% in pre-market trading on August 20.

Chinese stock indices rose on the 20th, driven by a sharp rally in biotech stocks. The Shanghai Composite Index closed at 3,903.72, up 9.30 points or 0.24% from the previous session, rebounding after intraday weakness. The Shenzhen Composite Index gained 19.90 points or 0.79% to finish at 2,527.16,

According to Yonhapinfomax, China's Shanghai Composite Index rose 0.24% to 3,903.72 on August 20, while the Shenzhen Composite Index gained 0.79% to 2,527.16, driven by a sharp surge in biotech stocks. Companies including Wusum Biology and Kangxi Pharmaceuticals each jumped over 20%, following

Webull reported second-quarter revenue of $198.8 million, up 51% from a year earlier and 24% from the first quarter, according to the company's August 19 results. The increase was driven by customer assets and trading volumes reaching records. The shares closed at $8.64 after gaining 8.95% in

According to Webull's August 19 earnings report, the online brokerage reported second-quarter revenue of $198.8 million, up 51% year-over-year and 24% sequentially, driven by record customer assets and trading