Global TradFi & Macroeconomics

According to Zhitong Finance app, Hang Seng Index July futures opened at 24,660 points on July 15 and rose to 24,706 points (up 49 points or 0.199%) by 5:15 PM Beijing time, trading at a 25-point premium.

According to Seoul Economic Daily, Korean space-focused ETFs tracking SpaceX posted the worst performance among 830 equity ETFs during the week of July 10-15, with KODEX U.S. Aerospace declining 8.91% to rank 828th. Six space ETFs combined saw net outflows of 66.2 billion Korean won, as SpaceX

According to the financial investment industry in South Korea, on July 10, when SK Hynix debuted its American Depositary Receipts (ADRs) on Nasdaq, retail investors made net purchases worth approximately 300 billion Korean won through nine major domestic brokerages including Mirae Asset

Samsung Active Asset Management, NH Amundi Asset Management, KB Asset Management, and Kiwoom Investment Asset Management launched AI infrastructure exchange-traded funds on May 14 on the Korea Exchange. The four Korean Stocks ETFs focus on optical communications and physical AI investments as AI

IBM shares rose 0.7% in premarket trading on Wednesday, recovering a fraction of the previous day's record losses after the company issued weak preliminary second-quarter results. The technology firm cited a faster-than-expected shift in client spending from software to AI servers as the primary

IBM shares rose 0.7% in premarket trading on Wednesday following weak preliminary results, with the company expecting second-quarter revenue of $17.2 billion (up 1%) and a gross profit margin decline of 100 basis points to 57.7%. The company cited a faster-than-expected shift in client spending

According to the Korea Exchange, four South Korean asset managers—Samsung Active Asset Management, NH Amundi Asset Management, KB Asset Management, and Kiwoom Investment Asset Management—listed four AI infrastructure-focused ETFs yesterday, July 14. The new products focus on optical communication an

According to Yonhap Infomax, South Korea's foreign exchange swap points closed mixed on July 15. The 1-year FX swap point closed at -14.10 won, up 0.40 won from the open, while the 6-month point finished at -7.20 won and the 3-month at -3.30 won. The decline in U.S. Treasury yields following

According to Korean Exchange data, foreign investors net bought 2.66 trillion Korean won today (July 15), pushing KOSPI to 7,284.41, up 6.24% and recovering above the 7,000 level within two trading days after falling to 6,806.93 on July 13. The rebound was supported by passive fund rebalancing

According to Reuters, Stripe and Advent International made an offer overnight on July 15 to jointly acquire PayPal for $60.50 per share, sending PYPL stock up nearly 15% in after-hours trading. The deal values PayPal at over $53 billion,

Hana Asset Management will launch the '1Q NVIDIA Alphabet Bond Hybrid 50' ETF on the 28th of this month, combining exposure to NVIDIA and Alphabet with bond holdings in a single product. The launch comes as investor interest grows in bond-hybrid ETFs that blend growth stocks with safe assets amid co

Shinhan Asset Management rebalanced its 'SOL AI Semiconductor TOP2 Plus' exchange-traded fund (ETF) on the 15th, adding five semiconductor equipment stocks — Wonik IPS, Daeduck Electronics, PSK, VM, and TES — while removing LG Innotek, ISC, RFHIC, Korea Circuit, and Exicon. The rebalancing

SK Hynix's US-listed ADR surged 27.29% on July 14 (local time), driving South Korea's KOSPI to recover 6.24% to 7284.41 on July 15. British investment bank Barclays set SK Hynix ADR target at $330, while IBM CEO Arvinds Krishna confirmed customers are reallocating capital expenditures to secure

Securities firms acting as liquidity providers for Samsung Electronics and SK Hynix single-stock leveraged exchange-traded funds are disrupting South Korea's corporate bond market as extreme stock price volatility forces them to post additional margin requirements. The securities firms must supply s

Low-volatility exchange-traded funds in the Korean stock market showed divergent performance during recent market turbulence. Return gaps reached up to 7 percentage points over a one-week period. According to KOSCOM ETF CHECK data reported on the 15th, PLUS High Dividend Low Volatility 50

ARK Invest purchased 220,000 shares of Circle Internet Group (CRCL) across three actively managed exchange-traded funds on Tuesday, according to the company's daily trade disclosure. The purchase, worth approximately $13.9 million based on Circle's Tuesday closing price of $63.22 on the New York

According to Maeil Business Newspaper, Hana Asset Management plans to launch a hybrid ETF combining Nvidia and Alphabet on July 28. The product follows a barbell strategy, pairing high-growth tech stocks with stable bonds and offering monthly dividend payouts. Market data shows similar products

According to Shinhan Asset Management, on July 15, the SOL AI Semiconductor TOP2 Plus ETF added five semiconductor equipment suppliers—Wonjin IPS, Daedeok Electronics, PSK, VM, and Test—while removing five others including LG Innotek in its periodic rebalancing. The product, which launched in

SK Hynix's U.S. ADR surged 27.29% on July 14 (local time) following IBM's Q2 earnings report, which confirmed robust demand for memory semiconductors. IBM CEO Arvind Krishna disclosed in an investor letter that customers prioritized purchasing servers, storage, and memory over software,