Global TradFi & Macroeconomics

According to Yonhapinfomax, on July 28 (local time), South Korean President Lee Jae-myung held a business roundtable in São Paulo with over 40 executives from Korean companies including Hyundai Motor, Posco, Korean Air, Samsung Electronics, LG Electronics, Naver, and Hanwha Ocean, as well as

According to PANews citing Cailianpress, the South Korean equity market weakened today (July 29), driving South Korea Leveraged 2x Hynix ETF down 25.72% at Hong Kong midday close. The product has declined 81.05% since the beginning of July. Asset under management fell to 31.92 billion HKD,

According to Jim Cramer, SpaceX (SPCX) stock hit a new low of $107.01 on Tuesday before recovering to $116.41, down 29% over the past month and trading below its $135 IPO price. Cramer advised viewers to hold off buying for now, citing a major catalyst: approximately 911.5 million shares become

According to SoSoValue data, Morgan Stanley Ethereum Trust (MSSE) listed on NYSE Arca on July 28 (yesterday), bringing the total number of ethereum spot ETFs to 11. MSSE saw net inflows of $5.15 million on its first day of trading, with a trading volume of $19.03 million and total assets under

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Keystone Partners is completing its acquisition of SSP, a semiconductor manufacturing equipment company, by the end of this month. The private equity firm is finalizing the transaction for 100% of SSP's shares, valued at approximately 400 billion KRW, using

U.S. stock index futures declined on July 29, with Nasdaq-100 futures falling over 1%, S&P 500 futures down 0.35%, and Dow Jones futures down 0.24%.

Korean stock markets triggered circuit breakers on both the KOSPI and KOSDAQ exchanges on July 29, marking the first time in Korea Exchange history that dual circuit breakers have been activated on consecutive trading days. The KOSDAQ circuit breaker activated at 12:19 PM when the index fell 8.05% t

According to Yonhapinfomax, the KOSPI index plunged 12.08% (727.66 points) to 5,296.00 on July 29 afternoon, with the KOSDAQ also falling 10.40% (73.39 points) to 632.46. A Level 1 circuit breaker was triggered for the second consecutive day at noon, halting trading for 20 minutes, but selling

According to Korea Securities Depository, KOSPI plunged 10.84% (732.09 points) yesterday (July 28), with the semiconductor sector leading losses. Retail investors capitalized on the selloff by making net purchases of approximately 1.0996 trillion Korean won in leveraged ETFs, accounting for 25.48% o

According to investment banking sources, Keystone Partners completed the acquisition of SSP, a semiconductor equipment manufacturer, this week with the final payment. The private equity firm had signed a memorandum of understanding with SSP in April and was set to finalize the 100% stake acquisition

According to BlockBeats, investor Michael Burry has profited from shorting semiconductor stocks and the SOX Semiconductor Index since late June. As of the July 28 market close, his short position in Applied Materials (AMAT) showed unrealized gains of approximately 34.7%, the highest among his semico

UBS reported second-quarter net profit of $2.80 billion on July 29, beating analyst expectations of $2.47 billion with 17% year-over-year growth. The bank's total revenue reached $13.70 billion in Q2, up 13% from the prior year and above the estimate of $13.26 billion. Pre-tax profit for the quarter

According to Mirae Asset, on July 29 the South Korean financial group cut SK Hynix target price to 2.8 million won from 4.2 million won, a 33% reduction, while maintaining a buy rating. Based on July 28 closing price of 1.55 million won, the new target implies approximately 80.6% upside

Hong Kong stocks extended gains in the morning session, with the Hang Seng Index rising 346 points or 1.37% to 25,657 points, driven by strength in technology and auto stocks. The index opened 176 points higher at 25,487 points and reached an intraday high of 25,744 points, up 434 points,

According to Jin10 Futures, China's domestic LPG prices fell to 5,913 yuan/ton as of July 28, down 92 yuan/ton or 1.5 percent from July 22, driven by continued weakness in crude oil futures. International oil prices have been declining steadily, dampening market sentiment and cooling demand for

According to Citi analyst Mohamed Abaday, individual investors in South Korea have incurred estimated losses of approximately 56.3 trillion won (about $38.7 billion) in leveraged exchange-traded funds (ETFs) following the recent market decline on July 29. The losses stem from leveraged ETF asset

According to WEEX TradFi data on July 29, the semiconductor sector rallied strongly with SOXS surging 13.02% in 24 hours, while FIGMA gained 6.21%, ADBE rose 5.40%, and CRM increased 4.46%. In the consumer sector, KO climbed 6.08% and PEP advanced 3.74%, with PYPL up 4.07% and MA gaining 3.71% in

According to Bitget, Japan's Kioxia Holdings fell 15% on July 29, while the Nikkei 225 index declined 2.58%. SoftBank also slipped 9.74% on the day.

According to Bitget, SK Hynix dropped over 17% on July 29, marking its largest single-day decline on record. The South Korea's KOSPI 200 index (South Korea's benchmark equity index) fell 11% intraday to 5357.11