Global TradFi & Macroeconomics

According to Jin10, SK Telecom will invest 3,970 billion Korean won to acquire a stake in SK Hynix's NAND flash memory solutions company.

According to Foresight News, Bybit has launched USDT perpetual contracts for ALAB (Astera Labs), CIEN (Ciena), and ADBE (Adobe). Trading is now live, with each contract supporting up to 20x leverage.

Alphabet shares declined 11.2% in June and are heading for their worst monthly performance since February 2025, as investors sold off Big Tech stocks in favor of semiconductors. The selloff was driven by concerns over high capital expenditure by Alphabet and its Big Tech peers, including the

According to Stocktwits, Alphabet (GOOGL) stock declined 11.2% in June and is heading for its worst monthly performance since February 2025. Concerns over high capital expenditure by Alphabet and its Big Tech peers, along with investor money flowing into semiconductors, have pressured the

According to Cointelegraph, on June 28, Coinbase and Circle stocks tumbled 69% and 72% respectively from their peaks, far exceeding declines in major tech stocks including Oracle, Salesforce, and Netflix, which fell 48%-57% from recent highs. The S&P 500 Index dropped only 3.5% over the same

According to ICBC Credit Suisse Fund, the secondary market trading price of its Nikkei 225 ETF (IOPV: 159866) has significantly exceeded its underlying net asset value (IOPV), exhibiting substantial premium. The fund manager has issued a formal warning to investors to closely monitor premium risks a

Three new stocks listed on Hong Kong Exchange today, all closing higher on their first day of trading. Insurance technology company White Pigeon Online (02672) surged 3.68 times to close at HK$73 from its IPO price of HK$15.6, marking the strongest performer among the trio. Biopharmaceutical firm

Eurozone services sector activity accelerated in June, with the purchasing managers' index (PMI) reaching 3.2, surpassing economist expectations of 2.8 and up from 2.2 in the previous month.

The Eurozone consumer confidence index for June came in at -17.7 in its final reading, matching the preliminary estimate of -17.7.

According to Eurostat, the Eurozone's economic sentiment index rose to 95 in June, beating analyst forecasts of 94.3. The previous reading was revised upward to 93.7 from 93.5, signaling improved economic confidence across the

The Eurozone's Industrial Sentiment Index came in at -7.7 for June, missing economists' expectations of -7.2. The prior month's reading was revised to -7.9 from an initial estimate of -8.

According to Beating monitoring, Baidu's AI semiconductor subsidiary Kunlun Chip is planning a Hong Kong initial public offering targeting a $50 billion valuation. The company is conditioning investor allocations on chip purchase commitments, requiring investors to purchase chips valued at three to

On June 29, Hong Kong's Hang Seng Index (HSI) rebounded 354 points to close at 23,026, up 1.57%, reclaiming the 23,000-point level after a five-day decline. The index opened 155 points higher at 22,827 and surged as much as 511 points in morning trading before consolidating in the afternoon. The Han

Data shows investors withdrew over $4.1 billion from 13 Bitcoin spot ETFs in June, marking the largest single-month net outflow since these products began trading in January 2024. BlackRock's iShares Bitcoin Trust (IBIT), the largest Bitcoin ETF by assets under management, accounted for $3 billion o

In 10 minutes, the Eurozone will release its June economic sentiment index and industrial confidence index. The European Commission publishes these key indicators monthly to gauge business and consumer sentiment across the 20-nation currency

According to Dah Sing Securities investment forum on June 27, Chicago Mercantile Exchange will launch 54 U.S. stock individual futures in summer 2026, offering both standard and micro contracts tradable during Asian hours with 15% margin requirement enabling up to 6x leverage. The forum panel also n

According to Smart Finance and China's National Healthcare Security Administration, Hong Kong-listed innovative drug ETFs surged on June 29 following approval of 557 drugs in the medical insurance catalogue and 54 drugs in the commercial insurance innovative drug catalogue. The Huatai Baier

According to Mitsubishi UFJ analyst Soojin Kim, gold prices declined on June 29 as market focus shifted to cooling inflation expectations and prospects for renewed Iran-U.S. peace negotiations. "With geopolitical risk premium continuing to fade and energy-driven inflation expectations improving, gol

According to BlockBeats, Solidion Technology announced on June 29 the purchase of SpaceX shares as strategic reserve assets. The initial SpaceX allocation will represent only a small portion of the company's existing cash

Onshore Chinese yuan closed at 6.7929 against the US dollar on June 29 at 4:30 PM (Beijing time), rising 68 points from the previous trading day.