Global TradFi & Macroeconomics

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

Mirae Asset announced on July 20 that it will list the TIGER U.S. Tech NYSE100 Active ETF on July 21, positioning the product to capitalize on upcoming mega IPOs from U.S. tech firms including OpenAI and Anthropic. The fund carries a 73% information technology sector allocation, exceeding the 61%

According to HKEJ market data, Hong Kong stocks surged in early trading on July 20, with the Hang Seng Index up 508 points or 2.1% to 25,070 as of 9:51 a.m. The Mainland Enterprises Index gained 215 points or 2.7% to 8,352, while the Tech Index rose 148 points or 3.2% to 4,771. Tech stocks led the

According to Zhitong Finance, South Korean stock ETFs surged this morning (July 20), with leveraged tracking products posting double-digit gains. The Nantian 2x Leveraged Samsung Electronics ETF (07747) rose 17.41% to 78.9 HKD, while the Nantian 2x Leveraged SK Hynix ETF (07709) climbed 14.51% to 51

According to MSX.COM, South Korea's KOSPI index dropped over 4% on July 20. SK Hynix and Samsung Electronics both declined 4.4%.

Gate News: According to the latest Gate TradFi data, XUNCE (XUNCE 03317.HK) has surged by 18% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Odaily, South Korea's government released a won internationalization roadmap on July 20, planning to transition the won from a regulated to a freely convertible currency. The roadmap was jointly developed by South Korea's Financial Services Commission, Bank of Korea, Financial

According to Iranian media reports on July 19, the suburbs of Abadan, a major oil hub in southwestern Iran, were struck by U.S. missiles. Iranian authorities confirmed the attack and reported no casualties. Abadan is a key industrial city housing multiple

According to Yonhapinfommax, Samsung Electronics and SK Hynix declined on July 20 morning amid weak U.S. stock performance and geopolitical concerns. As of 10:37 a.m., SK Hynix fell 2.93% to 1.788 million won, while Samsung Electronics dropped 3.24% to 246,750 won. Both stocks experienced intraday s

Elegantage Holdings (00064) shares resumed trading and surged 11.5% to HK$3.79 on July 20 after the company announced a privatization proposal from chairman and founder Hong Hanwen. The proposal values each share at HK$4, comprising a cancellation price

Hana Securities released a report on July 20 forecasting that US hyperscaler earnings reports starting in late July will determine whether Korean semiconductor stocks rebound. Analyst Lee Jae-man, who accurately predicted the KOSPI's May correction, stated that Alphabet reports on July 22 (local

Taiwan's New Taiwan Dollar (TWD) fell to 32.42 against the U.S. Dollar, marking its weakest level since April 2025.

According to Bloomberg, as of July 19, South Korea's leverage single-stock exchange-traded funds (ETFs), launched in May to track semiconductor giants Samsung Electronics and SK Hynix with 2x daily returns, have fueled market volatility despite initial optimism around stock market revival. The

According to Hana Securities, South Korea's KOSPI index opened down 2.60% (77.02 points) at 6,643.58 on July 20, continuing its recent downtrend. Analyst Lee Jae-man flagged upcoming U.S. hyperscaler earnings reports beginning late July as pivotal for domestic semiconductor stock recovery.

According to Jim Chanos, founder of Chanos & Co., the incremental capital returns for major cloud operators including Google, Meta, Amazon, Microsoft, and Oracle have dropped from approximately 40% about 18 months ago to roughly 20% currently. Chanos warned that if capital spending growth

The Office of the President of South Korea’s National Policy Director Kim Yong-beom stated on July 19 on the Korean Broadcasting System (KBS) news program that the government will not delist single-stock leveraged stock products related to Samsung Electronics and SK Hynix. The reason is that investors have already put more than 10 trillion Korean won (about $6.72 billion) into these leveraged products, and delisting would create too large an impact on the market. Kim Yong-beom: Won’t delist Sams

On the 20th, foreign exchange dealers in the Seoul foreign exchange market forecast the dollar-won exchange rate would rise to the 1,480 won range but remain range-bound with limited upside. Middle East geopolitical risks intensified as the US Central Command announced on the 17th (local time)

Bank of America forecasted on the 18th (local time) that the US dollar will maintain its upward trajectory in the second half following a 2.5% appreciation in the first half, driven by three reinforcing factors. The bank attributed the dollar's strength to Middle East geopolitical tensions,

Global semiconductor exchange-traded funds have attracted $24.7 billion in new capital since June 22 despite suffering declines ranging from 20% to 61% from their peaks. According to ETF.com on July 17 (US local time), investors are treating the sharp downturn as a buying opportunity rather than a s

According to Bitget, on July 20, Zhipu (02513.HK) dropped over 13%, with MINIMAX-W (00100.HK) falling over 4%.