Global TradFi & Macroeconomics

According to Jin10 data, Hong Kong offshore Chinese interbank offered rates (CNH HIBOR) showed mixed movements on July 14. The overnight HIBOR rose to 1.43758%, marking its highest level since July 3, while the one-week HIBOR held steady at 1.45000%, two-week HIBOR climbed to 1.46849%, and

Q32 Bio (QTTB) shares surged 91% on Monday after the company reported positive 36-week results from its early-stage trial of bempikibart in patients with severe or very severe alopecia areata. The stock recorded its best single-day gain since July 2025 before declining 5% in after-hours trading. The

According to Jefferies, Tesla's (TSLA) price target was raised to $400 from $375 on July 13 overnight trading, maintaining a Hold rating. The brokerage cited the company's "significant auto volume beat" with 480,100 vehicles delivered in Q2, surpassing consensus of 406,000. Q2 EBIT was raised to $1.

On Monday (July 14), U.S. stock indices ended lower as oil prices and bond yields spiked following fresh tensions between the U.S. and Iran over the Strait of Hormuz, stoking inflation concerns. The S&P 500 fell 0.8%, the Nasdaq 100 dropped 1.9%, and the Dow Jones Industrial Average eased 0.3%.

According to Stocktwits, Oracle shares fell 6.5% to their lowest level in 14 months on Monday (July 14), extending a 47% decline since early June. The stock dip sparked commentary from retail traders, with one noting that the market is now repricing the $300 billion OpenAI cloud computing contract a

According to MoneyToday, South Korea's KOSPI index fell below 7,000 today (July 14), declining 1.64% to 6,695.44, after U.S. President Donald Trump's hawkish remarks on Iran sparked a sharp oil price surge. Trump stated that the U.S. would "very strongly" attack Iran and eventually control the

SanDisk Corp. (SNDK) shares declined 12.63% on Monday amid a broader chip sector selloff, but Wall Street analysts remained bullish on the memory chipmaker. Evercore ISI analyst Amit Daryanani raised his price target to $3,100 from $1,400, implying roughly 62% upside, citing durable earnings power a

According to Trader T, Bitcoin spot ETFs experienced $425 million in net outflows yesterday (July 13), marking a significant single-day outflow in recent weeks. Major outflows came from $IBIT (BlackRock, $185 million),

According to Morgan Stanley's July 13 roadshow report, Nvidia's primary challenge is not fundamentals but market capitalization limiting incremental fund inflows. The company delivered 95% quarterly growth with management expecting acceleration, while next-year free cash flow yield is projected

China's CSI 300 stock index futures (IF) main contract fell below the 4,600-point level intraday on July 14, declining 0.64% from the open.

Oppenheimer warned that the S&P 500 faces potential correction risks during the third quarter despite an ongoing bullish trend in US equities. Technical analyst Ari Wald stated in a recent investment note that the index could retreat approximately 8% from current levels to the 7,000 mark due to

US ETF issuer Subversive has filed with the U.S. Securities and Exchange Commission (SEC) to launch two “ex-Musk ETFs,” with tickers QQNE and SPNE, scheduled to be listed on September 21. The two funds are designed to exclude companies that are “founded, led, controlled, or otherwise primarily affiliated” with Musk. The current exclusion list includes Tesla (TSLA) and SpaceX (SPCX). QQNE and SPNE Two Ex-Elon ETF Key Specifications Based on the filing documents and TechCrunch coverage, the main s

According to CNBC on July 14, Oppenheimer's technical analysis expert Ari Wald predicted that the S&P 500 index could retreat to the 7,000 level, representing approximately an 8% decline from current levels, amid seasonal weakness in the third quarter. Wald noted that the index has failed to break a

According to Guru Club, SC crude oil main futures surged over 9% on July 14, trading at 513.8 yuan per barrel.

According to Goldman Sachs credit traders and strategists, artificial intelligence-related companies' $75 billion debt issuance over the past month has pushed the investment-grade corporate bond market toward a breaking point, with the firm's AI debt spread index widening 22 basis points in a

Futu Holdings, a Chinese brokerage firm listed on Nasdaq, held a media briefing in Hong Kong on July 13. Futu Securities’ Managing Director Sze Tak-yuan said it expects its Mainland China business to gradually shrink; as of the end of March, the share of its Mainland China funding accounts in its total accounts had fallen to 13%, and those accounts represented 17% of customers’ total assets. Financially, for Q1 through March, net profit was HK$831 million. Futu Holdings’ stance on rectification

Foreign investors recorded a net outflow of $30.72 billion from South Korean securities markets in June, according to data released by the Bank of Korea on July 14. Stock funds saw a record $32.37 billion net outflow, surpassing the previous month's record, while bond funds registered a $1.65 billio

Multiple financial institutions updated their Hong Kong-listed stock ratings on July 14: CICC P&C maintained a “Buy” rating on MINIMAX-W (00100.HK), stating that its scarce AI large-model resources recently completed fundraising; CICC Securities maintained a “Strong Buy” rating on Alibaba-SW (09988.HK), with a target price range of HK$161 to HK$189, highlighting that Alibaba Cloud’s profit margin has risen far more than market expectations. CICC Maintains MINIMAX Buy Rating, Focuses on AI Large-

Strategy Inc. disclosed on July 13 that its USD Reserve increased by $450 million to $3 billion, extending dividend coverage to 20.4 months. The company reported holdings of 843,775 bitcoin and $1.763 billion in annual dividend obligations. The reserve expansion supports preferred-stock