Global TradFi & Macroeconomics

The Hang Seng Index rose 482 points or 2.13% to 23,153 in the morning session, recrossing the 23,000 level after losing 1,252 points the previous week and falling below that threshold. The index opened 155 points higher at 22,827, then surged to a session high of 23,183 with a maximum gain of 511 po

On the morning of June 29, China's A-share markets posted mixed results, with the ChiNext index down 1.28% and the CSI 300 index up nearly 2%, while medical and consumer stocks strengthened. In Hong Kong, the Hang

Sellas Life Sciences (SLS) and ImmunityBio, Inc. (IBRX) gained attention in June as the biotech sector headed toward a strong monthly finish, with Edison Investment Research highlighting ongoing opportunities across immuno-oncology and cancer-treatment areas. The SPDR S&P Biotech ETF (XBI)

According to an announcement by Aomen Holdings (HKEx: 00880), Ye Siming has resigned as Chief Financial Officer effective immediately to pursue other personal endeavors. Chen Shanzun succeeds him in the role. The 47-year-old Chen served at Goldin Financial Holdings (HKEx: 03918) from

According to Stocktwits data, Sellas Life Sciences (SLS) surged 53% and ImmunityBio Inc. (IBRX) gained 10% in June, while the SPDR S&P Biotech ETF (XBI) climbed 17% for one of its strongest monthly performances since December 2023. Edison Investment Research highlighted continued opportunities in on

According to IDC, Nvidia reached the top position in the global data center Ethernet switch market in Q1 fiscal 2026 for the first time, with quarterly revenue of $2.1 billion, up 192.7% year-over-year and capturing 21.5% market share. The company's integrated Spectrum-X solution—which combines

According to Guru Club, Indonesia's benchmark Jakarta Composite Index fell 4.2% to 5,688.574 points on June 4, marking its lowest level since December 2020.

According to Jin10, domestic gold jewelry prices rose approximately 16 yuan per gram compared to the previous week on June 29, with multiple brands widely quoting prices in the range of 1,233 to 1,238 yuan per gram.

According to Smart Finance, the Hang Seng Index surged 2.12% to 23,153 points during early morning trading on June 29, with the Hang Seng Healthcare Index jumping 8.9%. The rally was driven by approval of over 600 drug candidates and progress in dual-directory negotiations between medical

According to Wood Mackenzie, European Union natural gas storage will fall to 76% by the end of the supply season (April to October), marking the lowest level since 2011, as the heating season approaches. Higher gas prices are expected for households and businesses this winter. EU storage

According to Guru Club, Singapore's benchmark stock index fell 1.2% to 5,076.81 points on June 4.

According to Shanghai Petroleum & Natural Gas Exchange, a pilot LNG ship cargo cross-border trade product launched jointly by China Sea Oil Gas and Power Group and the exchange completed its first transaction on June 26. The trade involved multiple city gas companies, domestic mid-tier and junior na

Sellas Life Sciences, Moderna, and AbCellera Biologics ended Friday at 52-week highs, gaining 17%, 12%, and over 10% respectively. The biotech stocks advanced on distinct catalysts: Sellas neared completion of its Phase 3 AML trial with 78 of 80 required patient events recorded, Moderna presented

According to SoSoValue, bitcoin spot ETFs experienced net outflows of $1.79 billion during the trading week of June 22-26. BlackRock's IBIT led outflows with $1.303 billion in weekly withdrawals, bringing its total net inflows to $60.77 billion since inception. Fidelity's FBTC followed with $315

As of June 29, 2026, according to Gate market data, Bitcoin (BTC) continues to fluctuate below the psychological threshold of $60,000, with the trading range roughly between $59,000 and $60,000. Bitcoin's decline this year has exceeded 30%, halving from its all-time high of approximately $126,000 in October 2025. In the same time frame, Strategy (formerly MicroStrategy, ticker MSTR) has significantly underperformed Bitcoin. MSTR is currently at $82.3, down 45.7% in the past month, and has fallen

Malaysia's Economy Minister assured that fuel supplies are sufficient to sustain the country through the end of August.

According to Jin10, offshore Chinese yuan Hong Kong Bank Interbank Offered Rate (CNH HIBOR) showed a broad decline on Monday, June 29. The overnight rate dropped 12 basis points to 1.40682%, marking the lowest level since June 8. One-week HIBOR fell to 1.67212%, two-week HIBOR declined to 1.66849%,

US memory giant Micron briefly surpassed Meta and Tesla in intraday market cap on June 26, becoming Wall Street's hottest AI infrastructure concept stock; although it fell back to roughly match the two giants on the 27th, the "Next Nvidia" label has spread widely. Citigroup analyst Christopher Danely has raised Micron's target price to $200. Citigroup Analyst Danely Raises Micron Target Price to $200 Citigroup analyst Danely has raised Micron's target price to $200, noting that "AI demand has cr

According to UBS, on June 29, the brokerage raised its target price for Taiwan Semiconductor Manufacturing Company (TSMC) to 3,400 New Taiwan dollars from 3,000 New Taiwan dollars, while maintaining a "buy" rating. The firm also increased its 2026 sales growth forecast for the

According to DigitalX's official announcement, the Australian crypto asset management company plans to repurchase up to 120.36 million shares for approximately AUD 3 million during the period from July 13 to December 31, 2026. The company's board believes the current share price does not reflect the