Global TradFi & Macroeconomics

GlobalData.TS Lombard released a report on 22nd stating that Samsung Electronics and SK Hynix stocks may face limited further gains despite strong Korean stock market performance this year. The analysis firm cited heavy dependence on memory price increases for earnings improvement as the primary

According to a recent report by TS Lombard cited by Business Insider on July 22, Samsung Electronics and SK Hynix' performance improvements are heavily dependent on rising memory prices. The analysis noted that in 2026, approximately 55-70% of revenue growth for Samsung Memory, SK Hynix, and

According to KB Securities on July 23, the firm cuts Doosan Enerbility's (034020) target price to 140,000 won, down 10.3% from previous guidance, citing delays in U.S. new nuclear equipment orders now expected to shift from 2026 to 2027. Analyst Jung Hye-jung noted that expanded government

The Bank of Korea announced on the 23rd that Q2 real GDP growth reached 0.6% quarter-on-quarter and 3.7% year-on-year, exceeding market expectations. The results surpassed a forecast aggregated by Yonhap Infomax from 13 macroeconomic experts, which projected 0.37% QoQ and 3.43% YoY growth. The

Samsung Electro-Mechanics and LG Innotek stocks declined 40% and 57% respectively from recent highs over a one-month period, according to a KB Securities report issued on May 23 by analyst Lee Chang-min. The analyst attributed the decline to profit-taking following rapid gains and concerns about

According to KB Securities analyst Lee Chang-min, Samsung Electro-Mechanics and LG Innotek stock prices fell 40% and 57% respectively over the past month as of July 23, driven by profit-taking and concerns over AI infrastructure investment slowdown. Despite the pullback, fundamental conditions for b

Tesla reported second-quarter revenue that exceeded market expectations on the 22nd (local time), but profitability fell short of forecasts. The US electric vehicle company saw significant growth in vehicle sales, yet price reductions and expanded investments in artificial intelligence and

Tesla reported Q2 net profit of $1.114 billion, down 5% year-over-year, on July 22. The earnings beat revenue expectations, and vehicle sales grew significantly. However, higher spending on artificial intelligence and robotaxi development, combined with price cuts, pressured margins and eroded profi

According to Shin Han Investment, South Korea's Yeongsu petrochemical complex will halt 1.39 million tons of naphtha cracking capacity on July 23, marking the country's petrochemical industry structural adjustment entering an execution phase beyond planning stage. With this shutdown following a

South Korea's government is advancing legislative discussions on a 'stock price suppression prevention law' aimed at blocking practices that artificially depress stock valuations to reduce inheritance and gift tax liabilities. The current proposal uses a price-to-book ratio (PBR) threshold of 0.8x t

South Korea's GDP grew 0.6% quarter-on-quarter in the second quarter, exceeding the market consensus forecast of 0.4% growth.

According to Politico, the U.S. House of Representatives passed the Stop Trading on Congressional Knowledge Act on Wednesday (July 23), with a vote of 232-198. The bill aims to restrict members of Congress and their families from buying and selling stocks. Thirteen Democratic representatives voted i

Samsung Electronics received a maintained buy rating and 600,000 won target price from KB Securities on July 23 as the biggest Google AI beneficiary. Samsung currently supplies 50% of Google's server memory demand and 80% of its HBM (High Bandwidth Memory) as of Q3 this year, holding the 1

Daishin Securities on the 23rd lowered its target price for KEPCO KPS from 72,000 won to 64,000 won while maintaining a 'buy' investment rating. The brokerage cited the Bank of Korea's interest rate increases and delays in K-nuclear power plant entry to the US market as reasons for the adjustment.

According to Hong Kong Exchanges and Clearing (HKEX) disclosure on July 22, Shanghai Shengsheng Medical Pharmaceutical Cold Chain Technology Co., Ltd. (Shengsheng Cold Chain) submitted its application for listing on the HKEX main board. China International Capital Corporation Limited and Guoyuan

According to Daishin Securities, the brokerage cut Korean Electric Power (KOSEC) target price from 72,000 won to 64,000 won on July 23, citing delayed momentum for K-nuclear technology's U.S. market entry and South Korea's interest rate increases. The firm maintained its buy rating on the

According to KB Securities on July 23, the brokerage maintained a buy rating on Samsung Electronics with a 600,000 Korean won target price, citing the chipmaker as the largest beneficiary of Google's expanded AI infrastructure investments. KB Securities' research head Kim Dong-won noted that Samsung

According to Bank of America, Wall Street analysts remain bullish on artificial intelligence hardware manufacturers and recommend holding these stocks despite recent market turbulence in July. The bank noted that the release of open-source AI models, including China's Kimi K3 launched on July 16, st

According to Zhitong Caijing, as of July 23, the Hang Seng Index's bull-bear street positions ratio stands at 50:50. Bear warrant positions concentrate in the 25,300–25,399 range with 708 contracts outstanding, up 237 from the previous trading day. Bull warrant positions cluster in the 24,200–24,29

According to Zhitong Finance, the Hang Seng Index July futures (HSI) closed at 24,997 points on July 23, up 81 points or 0.325%. The contract traded at a premium of 104 points.