Global TradFi & Macroeconomics

Hong Kong stocks extended gains in the morning session, with the Hang Seng Index rising 510 points or 2.08% to 25,072, crossing the 25,000 level and reclaiming its 50-day moving average at 24,744 points. The rally was driven by heavyweight technology stocks, with the index briefly reaching an

Today (July 20), Hong Kong's Hang Seng Index climbed 510 points to 25,072 points (up 2.08%) in morning trading, crossing the 25,000-point level amid a broad rally in tech stocks. The National Index rose 2.75% to 8,360 points, while the Tech Index gained 2.91% to 4,757 points. Alibaba led the

According to Circle Form 4 filings, Circle President Heath Tarbert has cashed out approximately $30.77 million in CRCL stock through 10 sales since June 2025, and has never purchased additional shares. This contrasts with Tarbert's recent comments emphasizing the company's long-term mission to

According to Yonhap Infomax, South Korea's government bond yields surged on July 20 morning. The 3-year benchmark yield rose 5.6 basis points to 3.908%, the 10-year yield climbed 4.0bp to 4.340%, and the 30-year yield increased 4.6bp to 4.522%. The gains were driven by escalating U.S.-Iran

TIGER Samsung Electronics Single Stock Leverage ETF fell 11.85% to 10,815 Korean won as of 1:15 p.m. today (July 20). TIGER SK Hynix Single Stock Leverage ETF dropped 9.71% over the same period, continuing recent losses across single-stock leverage products in the Korean

According to Korea Exchange, South Korea's KOSPI index fell 3.95% to 6,551.30 today (July 20), triggering a sell-side circuit breaker during intraday trading. The index briefly dropped to 6,498.26 earlier in the session as losses exceeded 5%. This marks the 20th circuit breaker activation on KOSPI f

US stock index futures posted modest gains in Asian trading on the morning of July 20 at 11:01 AM Korean time, with the E-mini S&P 500 rising 0.02% to 7,499.25 and the E-mini Nasdaq 100 climbing 0.22% to 28,837.25, according to Yonhap Infomax. The uptick came despite weakened risk appetite

According to Citigroup's latest research report, the five major cloud hyperscalers' combined data center capital expenditure forecasts have been significantly raised for 2026 to $730.9 billion, up 16% from April estimates, reflecting sustained demand surpassing earlier market expectations. The

On July 20, the USD-KRW exchange rate traded at 1,482.60 won in Seoul morning session, according to Yonhapinfomax, down from an intraday high of 1,490.60 won reached at 9:02 a.m. The currency pair was up 4.10 won from the prior close of 1,478.50 won. The retreat was driven by risk-off sentiment

According to Yonhap Infomax, on July 20 morning at 11:01 Seoul time, E-mini S&P 500 futures rose 0.02% to 7,499.25, while tech-focused Nasdaq-100 futures gained 0.22% to 28,837.25. The modest advance in equity index futures came despite weakening risk appetite. Commodity markets saw sharper

According to Jin10 Futures, international crude oil futures prices rose significantly on July 20, with China's domestic energy chemicals sector gaining broadly. The Strait of Hormuz closure, coupled with potential disruptions to Red Sea shipping routes, has tightened oil supply expectations.

According to Mirae Asset Securities, the most-traded high-yield investors on the platform net bought Samsung Electronics as their top pick on the morning of July 20, followed by SK Square and Samsung Electro-Mechanics. The ranking tracks investors in the top 1% by return over the past

According to Korea Exchange, KOSPI plunged 3.83% (261.47 points) to 6,559.13 on the morning of July 20, as weakened semiconductor stock sentiment and deteriorating Middle East geopolitical tensions weighed on the market. Retail investors sold 44 billion won in holdings during the

South Korea's National Assembly Policy Committee on the 20th demanded the Financial Services Commission (FSC) implement stronger monitoring of single-stock leveraged exchange-traded funds (ETFs) and prepare additional measures if necessary. The directive follows the FSC's announcement on the 16th of

Gate News: According to the latest Gate TradFi data, KR200 (Korea Composite Stock Price Index 200) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Korea Exchange, KOSPI 200 index futures triggered a sell-side circuit breaker on July 20 at 11:21 a.m. local time as prices plunged 5.13% to 1,040.00 from a base level of 1,096.35. The price decline persisted for over one minute, meeting the threshold for the automatic trading halt

Fami Quadir, the 35-year-old hedge fund manager known as the 'Wall Street Assassin', is shifting her investment strategy to activist investing in Korean stocks, according to a Wall Street Journal (WSJ) report published on 19일 (local time). Quadir, who previously specialized in short-selling and

According to the Wall Street Journal on July 19, activist investor Pami Qudir, known for his short-selling success against Valeant Pharmaceuticals and Wirecard, is shifting strategy to invest in South Korean companies. Based in London, Qudir is now scouting holdings across undervalued mid-cap

NH Investment & Securities researcher Kim Byung-yeon stated on July 20 that the KOSPI index is unlikely to fall below the 6,000-point level even when accounting for all currently discussed negative factors in the Korean stock market. Speaking at a press conference held at the Korea Exchange in

According to 10x Research, bitcoin ETFs saw net inflows in July (as of July 20), reversing June's $4.7 billion net outflow—the largest single-month outflow since launch. In June, BTC touched a cycle low of $58,559. Bitcoin has since recovered to $63,899 in July's inflow