Global TradFi & Macroeconomics

Hong Kong stocks opened higher on the morning of July 20, with the Hang Seng Index rising 320 points to 24,882 within three minutes of trading, marking a 1.3% gain as AI and chip stocks rebounded. The opening followed a relatively moderate 1.78% decline on the last trading day of the previous

According to Business Insider on July 18, Citadel Securities strategist Scott Rubner found that 9 of 10 key stock market indicators he tracked significantly improved over the past two weeks, signaling positive momentum in U.S. equities. Rubner noted that retail investors have resumed substantial

According to Central News Agency, Hong Kong stocks rebounded this morning (July 20), with the Hang Seng Index rising 320 points to 24,882 points, up 1.3%. AI and chip stocks, which led losses on Friday, reversed course and moved higher amid easing market concerns over valuation

According to SoSoValue data, the tracked XRP spot ETF recorded a net inflow of $6.78 million over five trading days as of July 18, bringing the cumulative net inflow total back up to nearly $1.5 billion, a new all-time high. However, the entire $6.78 million inflow was concentrated entirely on July 16, and the other four trading days showed no reported trading activity; over the past 10 trading days, net inflows were zero for seven days. XRP ETF Posts $6.78 Million Net Inflow This Week (Source:

According to Jin10 Futures, the CFETS-NEX (CNEX) overall market sentiment index fell to 52 as of 10:15 on July 20, down 3 points from 08:45. By institution type, the sentiment indices for large banks, mid-size banks,

According to Jin10, on Monday (July 20), Shanghai gold's morning trading price reached 873.76 yuan per gram, outpacing the international gold price of 872.15 yuan per gram by 1.61 yuan.

According to Zhitong Finance, Tencent Holdings (00700) rose 3.12% to 476.2 Hong Kong dollars on July 18 during the 2026 World Artificial Intelligence Conference (WAIC). The company unveiled a full-stack embodied AI solution spanning cloud infrastructure, models, platforms, and applications. Tencent

According to Yonhapinfomax, the Seoul foreign exchange market opened on July 20 with the US dollar-Korean won (USD-KRW) spot rate trading at +0.05 won versus the market average rate (MAR). Non-deliverable forwards (NDF) fixing positions held neutral, indicating a balanced market posture among

According to China's Ministry of Industry and Information Technology (MIIT), integrated circuit exports surged 88.7% year-on-year in the first half of 2026, driven by global demand for artificial intelligence and green energy transitions. MIIT General Engineer Wang Weiming also reported at a State C

Tian Hong International Group (stock code 02678) issued a profit alert projecting interim net profit growth of approximately 75% year-on-year, driving Hong Kong stocks higher during morning trading on July 20. As of 10:08 AM, the stock traded at HK$6.57, up 6.8%, with turnover reaching HK$1.87

According to The Fact, SK Hynix will report second quarter earnings on July 29, with market consensus expecting operating profit around 65 trillion Korean won, a 612% increase year-over-year. The results will be crucial in determining whether recent semiconductor stock declines signal valuation

Thousand Hui International Group announced H1 2026 mid-year net profit is expected to surge approximately 75% compared to 464 million yuan in the same period last year. The stock rallied to 6.57 yuan, up 6.8% as of mid-morning on July 20, with intraday peak at 6.8 yuan. The group attributed the prof

Korean government bond futures declined on July 20, with 3-year futures down 17 ticks to 102.72 and 10-year futures falling 43 ticks to 104.98 as of 8:59 AM, according to Yonhap Infomax. The decline followed international oil price surges driven by escalating US-Iran military conflict and renewed ma

Samsung Biologics said on July 20 that it has signed an agreement to acquire PolyPeptide Group, a global peptide drug CDMO, for about 2.7 trillion won (about $1.46 billion in Swiss francs)—the largest M&A deal in history for Korea’s pharmaceutical and biotech industry. After the announcement, the stock closed the same day at 1,359,000 won, down 37,000 won. July 20 M&A Agreement: Acquisition Price, Equity Structure, and December-End Completion Timeline According to Samsung Biologics’ public discl

According to Hong Kong Exchanges and Clearing (HKEX) disclosure on July 20, Guangdong Tus-Star Technology (300607.SZ) refiles its application for Main Board listing, with Huatai International as sole sponsor. The company previously submitted its application on January 16. Tus-Star is an industrial r

Intraday on July 20, liquefied petroleum gas (LPG) futures jumped 8.00% to 5,654 yuan per ton, while paraxylene (PX) futures extended gains to 4.00%, trading at 8,434 yuan per ton.

Bank of Korea Governor Shin Hyun-song pledged to prepare a briefing on won internationalization and the 24-hour foreign exchange market on July 16, acknowledging current explanations are insufficient. The statement came after the Monetary Policy Committee raised the base rate by 0.25 percentage

According to Yonhapinfomax, on July 20, South Korean government bond futures fell as escalating U.S.-Iran conflict drove crude oil prices higher. The 3-year government bond futures dropped 17 basis points to 102.72, while the 10-year contract declined 43 basis points to 104.98. WTI crude oil

According to Yonhapinfomax, South Korea's central bank raised its benchmark interest rate by 0.25 percentage points on July 16, marking the first increase in 3 years and 6 months. Central Bank Governor Shin Hyun-song said 24-hour forex trading has not yet reduced NDF market activity, adding that the

Mirae Asset Asset Management announced on the 20th via YouTube webinar that it will list the TIGER US Tech NYSE100 Active ETF on the 21st. The active ETF targets US information technology innovation companies with 73% IT sector exposure, higher than Nasdaq100 (61%) and S&P500 (37.6%). The product is