Global TradFi & Macroeconomics

According to Michael Burry, who posted on X on Friday July 17, now is the time to buy Hong Kong stocks at a discount as the market lags the global AI boom. Scion Asset Management founder Burry stated that as South Korean and Japanese equities, as well as semiconductor ETFs, have outperformed, Hong K

According to South Korean media E-Daily, SK Hynix shares fell 11% to 1.842 million Korean won on July 17 (Korea's Constitution Day), with its U.S. ADR dropping 13.69% the previous day as major semiconductor stocks tumbled globally. The selloff followed strong quarterly results from Taiwan's TSMC,

According to Meritz Securities analyst Kim Sunwoo on July 17, the market is significantly misjudging the fundamentals of Samsung Electronics and SK Hynix. Long-term supply agreements with major tech companies involving price reductions are strategic investments to secure generative AI and data

According to Jin10 Futures, this week lumber spot prices showed mixed performance, with New Zealand shipments surging 166% to 505,000 cubic meters on July 17. Total inventories remained flat at 2.57 million cubic meters, while daily outbound shipments declined 5.12% to 575,000 cubic meters due to

According to JPMorgan Chase's July 15 capital flow report, the deleveraging process initiated in June is still ongoing, with leveraged storage ETFs shrinking 34% from peak levels and broad leveraged ETFs declining 13%. The bank estimates U.S. stocks may face continued pressure for approximately

Samsung Electronics minority shareholders organized through platform Act are pressuring the National Pension Service over a proposed executive bonus plan that bypasses shareholder approval. The shareholders, numbering 424 and collectively holding 207,724 shares, plan to formally submit a letter to t

According to Seoul Shinmun, Samsung Electronics minority shareholders launched collective action on July 16 to pressure the National Pension Service (NPS) to oppose a lucrative performance bonus agreement. The NPS holds 7.9% of Samsung Electronics shares. A minority shareholder platform collected si

Trump Media & Technology Group is launching a paid data product called Truth API that will give institutional clients faster access to Truth Social posts, including posts from President Donald Trump. The service launches on August 1 and will cover posts from 10 high-profile accounts, delivering

According to Citi's chief economist Josh Williamson, New Zealand's second-quarter CPI is expected to record its strongest quarterly gain in nearly four years, primarily driven by sharp increases in fuel prices. Non-tradeable inflation, however, showed a more modest rise

According to Guru Club, polysilicon futures contracts fell over 3% on July 17, currently trading at 34,000 yuan per ton.

According to Reuters and AP, Trump Media & Technology Group will launch a paid data product called Truth API on August 1, giving institutional clients including banks and algorithmic trading firms faster access to Truth Social posts from 10 high-profile accounts, including President Donald Trump's.

According to Josh Williamson, chief economist at Citi for Australia and New Zealand, Australia's labor market is forecast to add 20,000 jobs in June, reflecting seasonal moderation following strong employment growth in May. With labor force participation expected to remain stable, the unemployment r

Ultra-concentrated exchange-traded funds holding just 2 to 10 stocks are gaining popularity in global and Korean markets, contrasting sharply with traditional diversified ETFs that typically hold 30 to 50 or more stocks. This year, 24 ultra-concentrated theme ETFs launched in Korea, many

According to Jin Lian Chuang, Chinese retail fuel prices rose on July 17, the tenth working day of the current pricing cycle. Gasoline increased 300 yuan per ton, while diesel rose 290 yuan per ton, equivalent to 0.22–0.25 yuan per liter depending on grade. The benchmark crude oil averaged $77.87 pe

According to Samsung Securities, highly concentrated exchange-traded funds (ETFs) focusing on 2-10 core large-cap stocks are gaining traction in global and domestic markets. South Korea has launched approximately 24 ultra-concentrated thematic ETFs this year, marking a shift from traditional

According to Jin10 Futures, as of 2:30 p.m. on July 17, the CFETS-NEX market-wide funding sentiment index stood at 53, unchanged from 10:15 a.m. By institution type, large banks reported 53, mid-sized and small banks reported 55, and non-banking institutions reported 50, all holding steady. The inde

Tesla, Inc. (TSLA) stock slipped 2% overnight heading into Friday after Future Fund Managing Director Gary Black warned that SpaceX cannot afford to acquire the EV maker, calling the financial math unworkable. TSLA closed Thursday at $391.06, down 1%, marking its second consecutive session in the re

Bitcoin tested key resistance levels following a sharp rally triggered by softer US inflation data, according to analysis from Glassnode. The cryptocurrency outperformed major US and European equity markets after an extended period of sideways trading near recent lows. Glassnode analysts

Tesla stock declined 2% overnight heading into Friday, with Future Fund Managing Director Gary Black warning that a SpaceX acquisition would be too dilutive for shareholders. "At $132 and sinking, SPCX can't just buy TSLA in a 25% dilutive equity deal," Black said on X. "The math won't pass