Global TradFi & Macroeconomics

According to Korea Financial Investment Association, as of August 21, margin financing balance rose to 32.4 trillion won, up 522.3 billion won from the previous day. This marked the first time the balance entered the 32 trillion won range since August 30 last month, reflecting renewed margin

According to Jin10 data on August 24, major currency markets showed strength driven by improving economic fundamentals. The U.S. composite PMI reached a four-year high, with S&P forecasting third-quarter GDP growth of 3%. Meanwhile, euro zone commercial activity accelerated to its fastest pace

According to Jin10 Futures, on August 24 at 14:30, CFETS-NEX CNY funding sentiment index reported 54, down 1 point from 10:15. Large banks, mid-sized banks, and non-bank institutions reported sentiment readings of 53, 56, and 52 respectively, each declining 1 point. The index ranges from 0 to 100, w

Shein is planning a Hong Kong IPO to raise up to $1.77 billion by selling around 280 million class B shares priced between HK$47.60 and HK$49.50 per share, according to a filing on Monday. The offering values the fast fashion retailer at close to $27 billion at the top of that range. The company

Hana Securities identified three variables for Korean stocks' rally continuation on August 24: Samsung and SK Hynix returns, NVIDIA earnings, US rates. KOSPI gained 31.4% from its August low following July's decline. Samsung's announced 90-110 trillion won shareholder return may support the market f

According to Reuters, on Aug. 23, Shein filed for a Hong Kong IPO targeting up to HK$13.86 billion (US$1.77 billion) at a valuation near US$27 billion. The fast fashion retailer is selling approximately 280 million class B shares priced between HK$47.60 and HK$49.50 per share. Final pricing is set f

Nvidia is planning a follow-on investment in Perplexity as part of a new round that would value the AI firm at $30 billion, Reuters reported on Monday, citing a report in The Information. The chipmaker first invested in the AI startup in late 2023. Technology critic Ed Zitron criticized the move, st

Per a working paper from the Federal Reserve Bank of Cleveland, beliefs about future returns—not demographics like age or income—are the primary driver of cryptocurrency ownership. Crypto holders surveyed expected average annual returns of 22%, compared with just 7% among non-owners, despite most

According to Hana Securities analysis on August 24, South Korea's KOSPI index has risen 31.4% from July lows this month. The rally's sustainability hinges on three key variables: shareholder returns from

Short-selling positions increased in several Korean stocks that experienced recent price surges, as of the 19th, according to Korea Exchange data. The positions expanded despite upward price momentum, reflecting divergent investor expectations about these stocks' future direction. The phenomenon

According to Korean Economic TV, Samsung SDI stock broke above 500,000 KRW for the first time since late April on August 24, hitting a high of 522,000 KRW intraday with a 9% gain. The surge followed the company's announcement on August 21 that it would sell its Samsung Display stake for

The Bank of Korea is conducting potential growth rate estimation work that could create opposing forces on monetary policy, according to an August 24 report. If the potential growth rate rebounds from its declining trend, the resulting GDP gap reduction could exert downward pressure on medium- and s

The Bank of Korea is revising its potential growth rate estimates, a process that could influence the Korean won's valuation over the medium to long term. The central bank previously estimated potential growth at an average of 2.0% for 2024-2026 in December 2024, citing declining working-age

Moderna (NAS:MRNA) and Merck (NYS:MRK) announced the success of their Phase 3 clinical trial for a personalized mRNA cancer vaccine on 23일(현지시간), as reported by The Washington Post (WP). Mark Owick, a 73-year-old tennis coach from California, completed the 1-year trial after facing high recurrence r

According to the Bank of Korea, on August 24, the central bank is recalculating the nation's potential growth rate, last estimated at 2.0% for 2024-2026. Market participants noted that if the revised rate is higher, it could improve long-term return expectations on Korean won assets and partially al

According to multiple strategists, U.S. Treasury yields face mounting pressure heading into Fed Chair Kevin Warsh's speech at the Jackson Hole economic symposium on Friday. The 30-year Treasury yield has surged to its highest level since 2007, despite Treasury Secretary Scott Bessent's

SK Telecom's stock price climbed on the 24th at 2:13 PM, according to Korea Exchange data, as US artificial intelligence company Anthropic — in which SK Telecom holds an equity stake — advanced plans for what is described as the largest-scale initial public offering to date. The stock movement

According to the Korean Exchange, SK Telecom shares surged 92% on August 24 as U.S. artificial intelligence firm Anthropic accelerated its initial public offering plans. The surge reflects anticipated gains from SK Telecom's earlier investment in Anthropic, coupled with expectations for expanded

Kang Ho-jun, CEO of education company Daekyo, purchased over 315 million won worth of company shares over 5 consecutive trading days from the 5th to the 11th, according to Financial Supervisory Service disclosures on the 24th. The purchases occurred exactly 5 days before the deadline for potential m