Global TradFi & Macroeconomics

Samsung Biologics posted record Q2 results with revenue of 1.3209 trillion won and operating profit of 586.4 billion won, the company announced on the 23rd. Revenue increased 30.2% and operating profit rose 22.9% compared to the same period last year. The performance was driven by full operation of

According to Zhitong Finance APP, on July 23 at 17:18 Beijing time, Hang Seng Index August futures opened at 25,192 points and subsequently rose to 25,198 points, down 3 points or 0.012%, trading at a 13-point discount. Trading volume reached 4 contracts, with total open interest standing at 18,211

According to Bitget data, WTI crude oil futures hit $90 per barrel on July 23, marking the first time since June 11. The contract rose 4.07% intraday.

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to KOSCOM ETF data, Korean investors shifted funds to U.S. dividend-focused ETFs in the past month amid rising interest rates and market volatility. Four domestic-listed ETF products tracking the Dow Jones U.S. Dividend 100 Index attracted 323.6 billion Korean won ($248 million) in net

According to Mitsubishi UFJ analyst Lee Hardman, on July 23, the Japanese yen hit a 40-year low and the Swiss franc touched an 11-month low against the U.S. dollar. Since the U.S.-Iran conflict escalated in late February, both low-yielding

According to Yonhap Infomax, on July 23, FX swap points in South Korea rose across all maturities, driven by increased demand for won-denominated funding. The 1-year maturity swap point closed at -13.60 won, up 0.10 won from the opening; the

The Korean stock market showed signs of reduced concentration in large-cap stocks as the KOSPI 200 equal-weighted index outperformed the standard market-cap weighted index during the recent downturn from last month's 22nd to this month's 22nd. While the KOSPI 200 fell 27% during this period, the equ

According to South Korea's stock exchange, on July 23, single-stock leveraged exchange-traded funds (ETFs) for Samsung Electronics and SK Hynix recorded trading volume of 7.16 trillion won, accounting for 26.9% of KOSPI's total daily turnover of 26.67 trillion won. The combined assets under

According to Smart Finance, Hong Kong's main stock indices recovered on July 23, with power grid equipment stocks rallying sharply. Grid Equipment ETF Huaxia (159326.SZ) gained 5.2% to 1.659 yuan, Grid Equipment ETF GTJA (561380.SH) rose 5.14% to 0.736 yuan, and Grid Equipment ETF GF (159320.SZ)

Short-selling activity has resumed in South Korea recently as the domestic stock market enters a correction phase, according to market reports. Short-selling in blue-chip stocks like Samsung Electronics and SK Hynix, which had remained minimal during the prior uptrend, has increased significantly.

US-listed cryptocurrency exchange-traded funds recorded net inflows on July 22, with spot Bitcoin ETFs attracting $69.1 million and spot Ethereum ETFs bringing in $72.7 million as institutional investors gradually rebuilt exposure to digital assets. The Bitcoin ETF inflows marked the seventh

On July 22, spot Bitcoin ETFs attracted $69.1 million in net inflows, marking the seventh consecutive trading day of positive flows. Spot Ethereum ETFs also posted strong flows of $72.7 million, extending their winning streak to four consecutive trading days. BlackRock's iShares Bitcoin Trust

KB Securities said on the 23rd that consecutive rate hikes in August are unlikely despite Q2 GDP exceeding forecasts, as growth momentum slows. Researcher Lim Jae-kyun noted that if the GDP-GDI gap peaked in Q2, July inflation will likely remain subdued. Q2 real GDP rose 0.6% QoQ and 3.7% YoY,

According to Jin10, China Man Petroleum's stock surged with cumulative gains exceeding 20% on July 22-23, driven by operational impacts from Middle East geopolitical conflict. The company announced that 9 of its 14 drilling rig crews deployed in Iraq remain suspended due to the regional tensions,

International oil prices surged after Houthi rebels attacked a tanker in the Red Sea near Saudi Arabia, with Brent crude September futures rising 2% to $95.9 per barrel at 2pm local time on the London ICE Futures Exchange. The Iran-aligned Yemeni group claimed responsibility and had declared a

The onshore yuan closed at 6.7706 against the US dollar at 4:30 p.m. Beijing time on July 23, up 34 points from the previous trading day's official close and 44 points from the prior evening session close.

The Dutch Hague District Court recently rejected Halozyme Therapeutics' request to halt Keytruda Cuvex sales in Denmark and Sweden, according to foreign media reports on the 23rd. Keytruda Cuvex is a subcutaneous injection formulation developed by MSD using Alteogen's ALT-B4 technology. The

According to Bloomberg, Asian hedge funds experienced sharp declines in July amid a broader market selloff, reversing strong first-half gains. WT China Fund fell 17% by July 17, down from a 120% surge in the first six months. Keystone Investors Pte's hedge fund declined 12% in the same period