Global TradFi & Macroeconomics

Samsung Electronics and SK Hynix shares fell on Monday after reports emerged that the companies are expected to unveil investment plans worth more than a trillion dollars. Samsung Electronics' stock was down 4.7%, while SK Hynix was 3.1% lower. The Korea Economic Daily reported that the pair will un

According to Korea Economic Daily, Samsung Electronics and SK Hynix shares plunged on Monday as investors reacted to reports of their upcoming major investment announcements. Samsung Electronics' stock fell 4.7%, while SK Hynix declined 3.1%. Both companies are set to unveil investment plans

BYD Chairman Wang Chuanfu and Horizon Robotics CEO Yu Kai jointly test-drove the BYD Seal electric sedan on June 29 to evaluate the not-yet-released Horizon Super Drive 2.0 driving assistance system; the test took place after completing a joint vehicle inspection. April China market data shows NVIDIA's market share in the passenger car domain controller market reached 50.9%. Wang Chuanfu and Yu Kai Test-Drive Seal to Evaluate Horizon Super Drive 2.0 The focus of this engineering evaluation is to

According to Foresight News, Galaxy Digital CEO Mike Novogratz said on a recent podcast that a confidence crisis surrounding Strategy's capital structure is the primary driver behind recent cryptocurrency market declines. "This is a confidence collapse triggered by Strategy, and it is evolving

Korea's revised KOSDAQ listing maintenance rules will take effect on July 1, raising the market capitalization threshold for digital asset fund (DAT) companies listed on the Korean startup board; Korea Exchange (KRX) data on June 29 shows BitMEX's market cap is 13.1 billion KRW, already below the second-half delisting threshold of 20 billion KRW, and Parataxys Korea is undergoing a substantive review of its listing eligibility. Comparison of Current Market Cap of Four KOSDAQ DAT Companies with N

According to Tencent, on June 29, the Hang Seng Index opened 0.69% higher, while the Hang Seng Tech Index rose 1.6%. Internet and technology stocks surged, with NetEase up over 4%, Baidu Group up 4%, Meituan and JD.com both up over 3%, and Alibaba up over 2%.

As of 09:30 Beijing time on June 29, WTI crude oil futures rose 1.30%, while U.S. natural gas futures gained 0.88%.

According to Reuters, Beijing-based autonomous-driving startup Momenta filed on June 29 to raise up to HK$5.89 billion (US$751.1 million) in a Hong Kong IPO by selling 19.9 million shares at HK$295.60 (US$38) each. The company expects to announce share allocations by July 7 and commence trading on J

According to Hong Kong Exchanges and Clearing disclosures, EasyControl Autonomous Driving Technology (ticker: 07687) launched its global offering today, June 29, with a planned listing on the Hong Kong Stock Exchange's main board on July 8. The company plans to offer 26.32 million shares,

Gate News: According to the latest Gate TradFi data, XUNCE (XUNCE 03317.HK) has surged by 10% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Odaily, Citi said Apple's reported interest in Changxin Storage's memory products elevates the company from a "China domestic replacement story" to a credible global fourth-largest DRAM manufacturer. The bank expects the development to benefit Changxin Storage and its supply chain,

Bitcoin (BTC) continues to be weak without a rebound, temporarily reported at around $59,400 on June 29. U.S. House Speaker Mike Johnson said that the housing bill containing a ban on central bank digital currencies (CBDC) will be sent to President Trump for signing on Monday. The European Banking Authority releases a penalty framework for non-compliant crypto issuers, as full MiCA enforcement approaches. Macro Events & Crypto Hot Topics According to Cointelegraph, U.S. House Speaker Mike Johnso

According to its monetary operations, the People's Bank of China conducted 157.5 billion yuan in 7-day reverse repurchase agreements today at an interest rate of 1.4%, unchanged from previous operations. The central bank also conducted 300 billion yuan in overnight reverse

According to BlockBeats, U.S. spot Bitcoin ETFs saw net outflows of $1.79 billion for the week ended June 26, marking the second-largest weekly outflow on record. The outflows extend a streak of seven consecutive weeks of net withdrawals from the ETF

According to Crowdfundinsider, Nasdaq-listed Lion Group Holding Ltd. plans to invest up to $12 million in Indonesian fintech company PT Nusantara Bumi Sangkara through Meili Capital Management Ltd., acquiring 10% indirect economic rights through common stock or equity-linked securities with no cash payment involved. Nusantara Bumi Sangkara is developing NIDR, an Indonesian Rupiah stablecoin pegged 1:1 to the Rupiah and backed by reserve assets, aimed at reducing cross-border payment costs and su

According to Smartech Financial, Taihe Music submitted its prospectus to the Hong Kong Stock Exchange's main board on June 22, marking its entry into capital market financing. The company, backed by Deutsche Bank and CITIC Securities as joint sponsors, operates a vertically integrated music

Steenkampskraal Monazite Mine (SMM) and South Africa's National Mineral Research Institute Mintek announced on June 27 that they successfully produced high-purity mixed rare earth products in laboratory trials, making South Africa the first African nation to achieve this technical milestone. The

According to Jin10 data, South Korea's headline consumer price index (CPI) is expected to exceed 3% for a second consecutive month in June 2026. Economists surveyed by the Wall Street Journal predict a year-on-year increase of 3.2% for June, up from 3.1% in May, exceeding the Bank of Korea's 2%

According to Jin10, on June 29, the Chinese yuan weakened against major currencies in the interbank forex market. The USD/CNY midpoint rate climbed to 6.8175, up 9 pips, while EUR/CNY rose to 7.7564, up 159 pips, marking significant moves in the currency

According to Central News Agency, South Africa successfully produced high-purity mixed rare earth products on June 29, becoming the first African nation to achieve this technological milestone. Steenkampskraal Monazite Mine (SMM) and South Africa's National Mineral Research Institute Mintek