Global TradFi & Macroeconomics

According to Eugene Investment & Securities, Samsung E&A today exceeded market expectations in the second quarter, prompting the firm to raise its target stock price from 68,000 won to 77,000 won, a 13.2% increase. The brokerage maintains a 'Buy' rating and forecasts the company will achieve 1

Hana Securities' plans to enter the Prime Brokerage Service (PBS) market are facing setbacks after years of internal discussions that began in 2019. The South Korean brokerage expanded its Delta 1 department this year to strengthen securities lending and total return swap operations, fueling market

According to South Korea's Financial Services Commission (FSC), on July 24, the country announced it will accelerate enforcement of enhanced margin requirements for single-stock leveraged ETF trading to July 31, three days ahead of the originally planned August timeline. The FSC stated the earlier i

According to Yonhap Infomax on July 24, Hana Securities' planned entry into Prime Brokerage Services (PBS) market faces delays due to escalating talent acquisition costs and intensified competition. The Seoul-based securities firm had been exploring a full PBS market launch but encountered high

According to the U.S. Commodity Futures Trading Commission (CFTC), the agency extended the public comment period for proposed rules on 24/7 futures trading and perpetual contracts for physical or storable energy commodities by 30 days to August 26, 2026. The extension, announced on July 24,

Over half of KOSDAQ-listed companies now trade below their book value, with 951 firms showing price-to-book ratios (PBR) under 1x as of the 22nd, according to Korea Exchange data. This represents 53% of the 1,802 total KOSDAQ listings, up from 723 companies (41%) on June 2, 2025, before President

Hyundai Motor Securities raised its target price for PSK, a semiconductor equipment manufacturer, from 194,000 won to 220,000 won on July 24, marking a 13.4% increase while maintaining a 'BUY' rating. Analyst Yoon Dong-wook cited global semiconductor manufacturers' capital expenditures expanding

According to Korea Exchange, on July 22, 951 KOSDAQ-listed companies had a price-to-book ratio (PBR) below 1x, representing 53% of all 1,802 KOSDAQ-listed firms. This marks a significant increase from June 2, 2025, before President Lee Jae-myung took office, when only 723 companies (41% of total) ha

According to Hyundai Motor Securities on July 24, the brokerage raised its target price for semiconductor equipment maker PSK (皮艾斯凯) by 13.4% to 220,000 Korean won from 194,000 won, citing accelerating capital expenditure by global semiconductor manufacturers. The investment opinion was maintained a

According to SoSoValue, Grayscale Hyperliquid Staking ETF (HYPG) recorded net outflows of $1.0249 million on July 23 (U.S. Eastern Time). The ETF has accumulated $127 million in net inflows since inception and currently holds $294 million in total assets under

According to ChainCatcher, Nasdaq-listed digital insurance company ZhiBao Technology announced plans to sell shares and receive approximately 3,500 Bitcoin (worth roughly $220 million at current prices) through a PIPE transaction with Joyertech and Information OPC. The deal remains subject to

South Korea's Ministry of Finance and Economy announced on the 24th that current fuel tax reduction rates will be extended until September 30, maintaining a 15% cut for gasoline and 25% cuts for diesel and LPG butane. The extension was decided through the 'Special Task Force for Public Livelihood

According to the Ministry of Economy and Finance, South Korea on July 24 extended fuel tax reductions through September 30, maintaining cuts of 15% for gasoline and 25% for diesel and propane. The measure reduces per-liter costs by 122 won for gasoline, 145 won for diesel, and 51 won for propane

Mirae Asset Securities on July 24 raised its target price for OCI Holdings stocks to 460,000 won from 320,000 won while maintaining a 'BUY' rating. Analyst Lee Jin-ho cited long-term supply agreements (LTA) with Take-or-Pay clauses and advance payment terms that provide contractual backing for

Korean individual investors net purchased 1,037 billion won of 'KODEX 200 Covered Call Active' and 965 billion won of 'TIGER Dividend Covered Call Active' from May 16-22, according to KOSCOM ETF CHECK data. Total assets under management of 61 domestic covered call ETFs reached 26.3957 trillion won,

According to Kiwoom Securities on July 24, Samsung BioLogics (207940) reported second-quarter revenue of KRW 1.3209 trillion, up 30% year-over-year, with operating profit of KRW 586.4 billion, up 23%, matching market consensus. Growth was supported by full-scale operations at existing facilities

According to Mirae Asset Securities, OCI Holdings received an upgraded target price to 460,000 Korean won from 320,000 won today on July 24, as expanded U.S. solar supply chain contracts enhance medium-term earnings visibility. The brokerage maintained its buy rating, citing long-term supply

According to Press Trust of India, Paytm's UPI gross transaction value jumped 45% year-on-year to 590,000 crore rupees ($6.1 billion) in the fiscal first quarter, driven by app redesign and AI-led features. Monthly transacting users rose by 6 million to 80 million. Operating revenue climbed 28% to

According to a survey by Realmeter commissioned by The Today on July 24, 63.7% of South Korean respondents oppose the introduction of single-stock leverage exchange-traded funds (ETFs). The poll surveyed 504 adults nationwide. The negative sentiment comes as South Korea's stock market has seen