Global TradFi & Macroeconomics

According to Rappler, SEC Chair Francis Lim proposed a structured mediation and arbitration framework on Monday, July 13, to resolve the escalating Lopez family corporate dispute involving multiple listed companies. Lim outlined a three-step approach: bilateral settlement, followed by

Zhaoyuan Pharma (06127) expects first-half 2026 net profit attributable to shareholders to increase 884.9% to 1,377.4% year-over-year, according to the company's earnings guidance. The growth is supported by a record-high scale of domestic innovative drug business development exports this year,

Bank of America warned that the US stock market faces increased shock risk as the gap between individual stock volatility and overall market volatility has widened to levels approaching the dot-com bubble era. According to Business Insider on the 14th (local time), BofA stated in a recent report tha

Barclays initiated coverage on SK Hynix American Depositary Receipts (ADR) on the 14th (local time), setting a price target of $330 — approximately double the previous day's opening price of $165.50. Barclays analyst Simon Coles attributed the bullish outlook to persistent memory shortages facing th

According to Bank of America, the divergence between individual stock volatility (VIXEQ) and overall market volatility (VIX) has widened to levels approaching the pre-burst dot-com bubble era, signaling elevated risk of market shock. As of July 14, VIXEQ stood at approximately 50, up 46%

According to Yonhap Infomax, on July 15, South Korean government bond futures rose on overnight trading as U.S. inflation concerns eased. The 3-year contract closed at 102.85, up 13 basis points from the previous close, while the 10-year contract rose 24 basis points to 105.29. Trading volume

According to Barclays analyst Simon Coles as reported by CNBC on July 14, Barclays initiated coverage of SK Hynix American Depositary Receipts (ADRs) with a price target of $330, roughly double the prior day's opening price of $165.50. Coles cited sustained memory chip shortages across the

According to the financial investment industry, South Korea's National Pension Service expanded its 'Jeonju location incentive' to alternative asset class manager selection on July 15, adding a 1-point

KB Securities stated Samsung Electronics stocks present a buying opportunity following a 30% decline from recent peaks. Analyst Kim Dong-won issued a report on the 15th maintaining the firm's assessment that AI infrastructure investment growth remains valid. The decline reflects investor sentiment c

Kiwoom Securities lowered its target price for Hanwha Ocean stocks to 144,000 won from 179,000 won on July 15, citing the company's failure to secure the Canadian submarine project (CPSP). The brokerage maintained its 'BUY' investment rating, stating that mid- to long-term growth expectations

According to KB Securities analyst Kim Dong-won on July 15, Samsung Electronics stock declined 30% from recent highs due to market overreaction rather than fundamental deterioration. The analyst noted that AI infrastructure investment growth remains intact, with memory supply constraints as a core i

According to Kiwoom Securities on July 15, the brokerage cut Hanwha Ocean's (KOSPI: 042660) target price to 144,000 Korean won from 179,000 won after the company failed to secure the Canada submarine project (CPSP). The target price-to-earnings ratio was adjusted from 25x to 23x. The brokerage maintained its 'Buy' rating, citing long-term growth expectations from potential U.S. naval vessel projects. The firm forecast Hanwha Ocean's second-quarter revenue at 4.805 trillion won, with operating pr

According to EV media, Lucid (LCID) stock plunged over 40% intraday on July 14 after market reports claimed the company was evaluating Chapter 11 bankruptcy or going private. Lucid subsequently denied the rumors as "completely unfounded," recovering part of losses to close down 16% at $4.62 per

According to IDC, on July 8, the memory chip supply crunch is expected to persist longer than previously anticipated, with the market's inflection point now forecasted for the second half of 2028. The research firm projected DRAM supply shortages to reach approximately 13% in Q4 2027, and NAND

According to Reuters Tankan, Japan's non-manufacturing business conditions index (Judgement Index) fell to 25 in July from 32 in the previous month.

According to Reuters Tankan, Japan's manufacturing confidence index remained unchanged at 13 in July, matching the previous month's reading.

According to FnGuide, South Korean refiners' second-quarter operating profits are expected to decline from the previous quarter despite international oil prices rising due to tensions in the Strait of Hormuz. Short-term earnings pressure stems from government regulations and timing effects on the re

Sonos stock declined after reports that OpenAI is developing an AI-powered smart speaker using ChatGPT, which the company is expected to release next year.

On July 14, KeyBanc downgraded Skyworks Solutions (SWKS) to Sector Weight while increasing price targets on several chip stocks, including Nvidia (NVDA) and Intel (INTC).

According to Bank of America's July 2026 fund manager survey, long global semiconductors ranked as the most crowded trade at 82%, indicating widespread consensus among market participants on this positioning.