Global TradFi & Macroeconomics

According to Barron's, IBM stock plunged 25% on July 14, creating the company's worst single-day decline on record and erasing $69 billion in market value. The stock fell an additional 2.7% on July 15, bringing two-day losses to over $72 billion. The sell-off followed IBM's second-quarter

According to S3 Partners data, short-sellers have amassed unrealized gains of approximately $3.88 billion as SpaceX stock has declined over the past four trading sessions. The stock has fallen to around $135 per share, approaching its IPO pricing level. Currently, approximately 181 million shares ar

According to Bitwise, crypto-related stocks gained 23% in the first half of 2026, despite a 36% decline in crypto asset prices, outperforming most major asset classes and ranking second only to emerging market stocks. The Bitwise Crypto Innovators 30 index, which tracks 30 publicly traded crypto

According to The Kobeissi Letter, U.S.-listed leveraged ETFs reached a record 700 in H1 2026, more than double the count at the end of 2024. Over 400 of these are single-stock leveraged ETFs. Leveraged and inverse ETFs accounted for 31% of all new U.S. ETF launches in H1 2026, up from 22% for

South Korea's Financial Services Commission held a public forum on real estate finance policy on July 15, gathering opinions on mortgage loan regulations, youth housing finance, and household debt total volume controls. Participants including buyers, lenders, and local officials called for easing lo

According to Hana Securities, on July 16, SK Innovation's second-quarter operating profit reached 1.81 trillion won, exceeding market expectations by 21% and marking a turnaround from year-ago losses. The Seoul-based energy company's full-year operating profit forecast was raised 62.3% to 6.52 trill

SK Hynix American Depositary Receipts (ADR) declined 9% overnight on July 15, following a 27% surge the previous day, continuing its volatile trading pattern. Since listing, the ADR has experienced sharp swings, including an initial drop exceeding 9% before the recent rally and subsequent

Software stocks and semiconductor stocks have diverged significantly in their price movements, with their correlation dropping to a record low of 0.17 from a historical average of 0.76 since 2002, according to Yahoo Finance reporting published on July 15. The breakdown reflects semiconductor

According to Yahoo Finance, on July 15, the correlation coefficient between software stocks (including IBM) and semiconductor stocks has plummeted to 0.17 from a historical average of 0.76 since 2002, marking the lowest level on record. The figure is derived from the 52-week correlation between

IngDan Innovation (stock code 00400) completed a strategic upgrade from an AI hardware distributor to a vertical AI Token factory operator. The company accumulated signed service orders exceeding USD 1 billion,

According to The Block, BlackRock CFO Martin Small outlined on July 16 a long-term vision to make the company's products natively available within digital wallets, allowing investors to access crypto assets, stablecoins, and traditional stocks and bonds without leaving their wallet. BlackRock

According to The Block, Benchmark reiterated its buy rating and $16 price target for Securitize (SECZ) on July 16, viewing the approximately 40% decline since listing completion as a result of SPAC investor composition shifts and price discovery, not fundamental deterioration. Analyst Mark Palmer st

According to ChainCatcher, SBI Group, DigiFT, and Startale Group have completed a joint proof of concept demonstrating the full lifecycle of tokenized securities using Japanese yen stablecoin JPYSC on Ethereum's test network. SBI Group and DigiFT are advancing the tokenization of the SBI Japan

Hanwha Solutions announced on the 16th that it sold its stake in a US venture capital fund for $84.3 million (approximately 125.5 billion KRW). The Korean stock-listed company divested the fund to supplement debt repayment funds after reducing its rights offering size. Hanwha Solutions faces

According to NextTrade, Samsung Electronics and SK Hynix saw shares decline in pre-market trading on July 16, as concerns over delayed artificial intelligence data center investments in the U.S. stock market triggered profit-taking in memory semiconductor stocks. Samsung Electronics fell 5.37% to 26

According to Yonhapinfomax, on July 16, Hanwha Solutions sold its U.S. venture investment fund for $84.3 million to supplement debt repayment needs arising from the company's reduced capital increase plans. The South Korean conglomerate, which had invested in the fund since 2022 to monitor

According to Yonhapnews, South Korea's benchmark equity index KOSPI dropped 340.46 points (4.67%) to 6,943.95 on the morning of July 16. The decline marked the index's fall below the 7,000-point level just one day after surging more than 6% and recovering to above 7,000 on July 15.

On July 16, South Korean Financial Services Commission Chairman Lee Euk-won rejected claims that single-stock leverage ETFs are the main cause of increased stock market volatility, instead attributing fluctuations to global semiconductor industry dynamics and structural factors. During a YouTube

Cheehong Shares Limited (02603) announced a placement of up to 9.3715 million new H-shares at HK$12.24 per share, representing a 17.02% discount to the previous close of HK$14.75. The placement is expected to raise approximately HK$115 million gross (HK$113 million net). Proceeds will fund