Global TradFi & Macroeconomics

On Tuesday, SHEIN Global Holdings shares fell as much as 10% on their Hong Kong IPO debut, dropping from an opening price of HK$48.56 to an intraday low near HK$43.70 before recovering to close around HK$46.56, approximately 4% below the opening level. The IPO pricing of HK$48.56 was already below t

Brent crude gained over 1% intraday today, trading at $91.24 per barrel.

Take-Two Interactive (TTWO) shares fell 7% on Monday as investors took profits following the company's Friday rally tied to the new Grand Theft Auto VI extended gameplay reveal. Bank of America praised the footage released on Aug. 27 but said the presentation alone is unlikely to alter the

Spain's manufacturing PMI declined to 49.5 in August, falling short of the expected 50.3 and down from July's 50.2, signaling a contraction in the manufacturing sector.

According to Shanghai Futures Exchange, copper, aluminum, zinc, gold, and silver futures warehousing receipts showed mixed movements on September 1. Copper futures receipts fell to 29,766 tons, down 574 tons from the previous trading day. Aluminum dropped to 238,373 tons, declining 3,321 tons.

According to Jin10, the China Foreign Exchange Trade System released the Offshore RMB Foreign Exchange Business Guidelines today, September 1. The new guidelines specify offshore RMB trading hours as 07:00–03:00 Beijing time daily, with no trading on Saturdays, Sundays, or Chinese public holidays. T

According to Jin10 and Shanghai Futures Exchange data on September 1, pulp futures warehouse inventory increased to 387,339 tonnes, up 1,464 tonnes from the previous trading day. Petroleum bitumen futures warehouse inventory declined to 8,890 tonnes, down 1,000 tonnes. Inventory levels for fuel

According to Yonhapnews, on September 1, Samsung Electronics closed up 0.38% at 261,000 Korean won and SK Hynix gained 1.14% to 1,693,000 won after morning weakness, reversing earlier declines. Both chipmakers initially dropped following overnight U.S. stock market losses triggered by renewed

According to LSEG, UK 10-year government bond yields reached 5.217% on September 1, marking the highest level in 18 years.

Strategy, the world's largest digital asset treasury firm, formally opposed MSCI's proposal to exclude certain non-operating asset companies from the MSCI Global Investable Market Indexes in a Monday letter signed by Executive Chairman Michael Saylor and CEO Phong Le. The company called the

According to BlockBeats, on September 1, China's three major stock indices closed in decline. The Shanghai Composite Index fell 0.16%, the Shenzhen Component Index dropped 1.02%, and the ChiNext Index declined 1.32%. Total trading volume reached 20.5 trillion yuan. Agricultural stocks bucked the

Multiple South Korean SPACs that listed during the 2022-2023 IPO freeze are facing delisting as they approach their 3-year maturity deadlines without securing merger targets. Daishin Balance 17th SPAC announced delisting and dissolution on the article date, while IBKS 23rd SPAC and Hana 30th SPAC de

According to The Block, Strategy, the world's largest digital asset treasury firm, formally opposed MSCI's proposal on Monday to exclude certain "non-operating asset" companies from its indices, calling the rule "discriminatory, arbitrary, and misguided." In a letter signed by Executive Chairman

According to South Korea's Financial Supervisory Service, Daishin Balance 17 SPAC was delisted today after failing to secure a merger target before its three-year expiration deadline. At least three other SPACs have met similar fates recently, including Shin Young SPAC 10 and IBKS 23, which face or

According to Korea Exchange, KOSPI's average daily trading value in August fell to approximately 25.8 trillion won, down 11.1 trillion won (30%) from July's 36.9 trillion won. The sharp decline reflects waning investor enthusiasm following volatile market swings and heavy losses for retail

According to Jin 10 Futures, as of 15:00 Beijing time on Sept 1, spot platinum rose 0.63% while spot palladium fell 0.58%.

The KOSPI stock market experienced significantly reduced volatility in August following turbulent trading in prior months. The VKOSPI volatility index fell from 96.94 on June 29 to 44.09, approximately half its previous level, according to Korea Exchange data. The decline in volatility stemmed from