Global TradFi & Macroeconomics

According to Barclays, Goldman Sachs, and JPMorgan, CoreWeave shares plunged over 15% this week amid soaring debt concerns, with unsecured bonds maturing in 2031 and 2032 reaching 16% yields and credit default swap spreads surging past 1000 basis points. Market fears centered on the AI

According to reports on Tuesday, DeepSeek open-sourced its reasoning framework supporting Nvidia and Huawei chips, with single-cluster throughput of 1.55 trillion tokens daily and per-card revenue of $38 per hour. The move comes as the U.S. government ordered agencies to halt DeepSeek use; China's

According to Bloomberg, Augnition Global Investors, a technology hedge fund founded by Jeff Wang (former global head of equities at Sequoia Capital), has completed a fundraising round exceeding $1 billion. The fund had approximately $570 million in assets upon launch, with roughly 45% from

According to an announcement on October 20, 2026, Beisen Holdings (09669) has entered into loan agreements with two executive directors: Wang Chaohui (Chairman and Executive Director) and Ji Weiguo (Executive Director and Chief Executive Officer). Under the agreements, the

According to an announcement on October 20, Xinjiang New Energy, a non-wholly-owned subsidiary of New Taiyang Energy (01799), signed an equity transfer agreement to acquire the remaining 39.05% stake in Fengsheng Power from ICBC Financial for 500 million yuan. The transaction will result in Xinjiang

According to a Reuters survey, all 100 economists polled expect the Federal Reserve to raise interest rates in December 2026.

According to Guru Club, USD/CHF (U.S. dollar against Swiss franc) fell over 0.50% intraday on October 20, now trading at 0.8225.

Daizu Numerical Control (03200) reported revenues of 78.41 billion yuan and net income of 15.44 billion yuan for the first nine months of 2026, up 100.9% and 214% year-over-year respectively, according to its financial report. Q3 net income reached approximately 5.87 billion yuan. The company

According to Hong Kong Exchanges and Clearing disclosure on October 20, Shenzhen Hongxin Yu Electronics passed the Hong Kong main board listing hearing, with China Securities International serving as the sole sponsor. The company is a memory chip manufacturer with a 0.6% market share in the global s

Elon Musk's net worth stood at $923.7 billion according to a Forbes profile fetched on October 20, 2026, reflecting the official market closes of October 19, 2026, when SpaceX shares closed at $147.96 and Tesla shares at $368.06. The figure represented a $15.2 billion increase, or 1.67%, from the pr

According to Jin10, WTI crude oil futures rose 1.47% and U.S. natural gas futures fell 2.39% as of 20:30 Beijing time on October 20.

According to Zhitong Finance, China State Shipbuilding Defense & Aerospace Technology (Stock Code: 00317) announced on September 30 that it received new orders worth 35.799 billion yuan in the first nine months of 2026, exceeding its annual target of 16.424 billion yuan by 217.97%. The new orders

According to Forbes, Elon Musk's net worth reached $923.7 billion on October 20, 2026, up $15.2 billion (1.67%) from the prior trading day close, marking the top-ranked position. The fortune comprises SpaceX shares valued at $705.2 billion, Tesla shares at $145.6 billion, options worth $48.8 billion

According to Jin10, as of 20:30 Beijing time on October 20, New York gold futures fell 0.58%, silver futures fell 0.38%, and copper futures fell 0.11%.

Apple announced on October 20 a multi-year titanium supply agreement with U.S.-based Perryman, committing up to $100 million over three years for materials used in its foldable iPhone Duo. The titanium components, featuring at least 80% recycled content, will be processed at Perryman's facility in

According to Guangdacertificates (06178), the company will distribute an interim dividend of CNY 0.17 per share on December 16, 2026.

According to Guru Club, the USD/JPY exchange rate broke below 158 on October 20, declining 0.30% during the session.

According to Guru Club, the Baltic Dry Index (BDI), which tracks shipping rates for dry bulk cargo, rose 1.85% to 2,593 points on October 20.