Global TradFi & Macroeconomics

Hong Kong's Hang Seng Index gained 56 points, or 0.23%, to 24,231 at midday on July 13, after opening slightly lower and alternating between gains and losses during the morning session. The Hang Seng had climbed as much as 274 points earlier in the day before encountering selling pressure. The

Mirae Asset Securities is projected to surpass Korea Investment Securities in net profit for the second quarter, maintaining its position as the securities industry leader. According to financial data provider FnGuide on the 13th, Mirae Asset's Q2 consolidated net profit forecast stands at 1.3825 tr

According to Digital Daily, Mirae Asset Securities is projected to lead South Korea's securities industry with 1.38 trillion won in net profit for the second quarter of 2026, up 240.6% from 405.9 billion won in the same period last year. This marks the brokerage's second consecutive quarter

According to Korean Economic TV, SK Hynix saw its American Depositary Receipts (ADR) surge nearly 13% on its Nasdaq debut on July 10, but domestic shares tumbled over 13% the following day to 1.889 million won. The decline marks the first time the stock fell below 2 million won since June 8.

According to Jin10, South Africa's Ministry of Mineral Resources and Energy (DMRE) announced a policy draft on July 9 to increase strategic oil reserves by 10 million barrels to address current inventory gaps. The proposed reserves would total approximately 36 million barrels, covering 60 days of

SK Hynix began trading American Depositary Receipts (ADR) on Nasdaq on the 13th, with market attention shifting beyond large-scale fundraising to potential valuation re-rating of the domestic stock. Analysts expect the valuation discount applied to SK Hynix to narrow as US investor accessibility

Kuwait set the official selling price (OSP) for ultra-light crude exports to Asia in August at a discount of $5 per barrel to the Oman/Dubai average.

The U.S. government's gross national debt crossed $39 trillion around March 17 to March 18, according to Treasury data tracked by the Committee for a Responsible Federal Budget. The Congressional Budget Office projects a $1.9 trillion deficit in fiscal 2026, climbing to $3.1 trillion by 2036.

According to The Fact, Sangsin Securities announced a 5-for-1 stock consolidation on July 13 as its share price trades at 766 won, below the 1,000-won delisting threshold under new South Korean regulations. The consolidation would lower outstanding shares from 108.33 million to 21.67 million,

According to Yonhap Infomax, SK Hynix began trading American Depositary Receipts (ADRs) on Nasdaq today (July 13), shifting market focus from capital raising to potential re-rating of domestic shares. Analysts expect improved accessibility for U.S. investors and expanded global shareholder base to r

According to BlockBeats, on July 13, TSMC reported June revenue of NTD 442.68 billion, representing a 67.9% increase year-over-year and a 6.2% increase from May.

Taiwan Weighted Index closed at 45,380.52 points today with minimal movement.

Eric Trump's bitcoin mining company American Bitcoin (ABTC) executed a 1-for-15 reverse stock split in early July, aiming to keep the Nasdaq listing minimum share price requirement. The company’s stock has cumulatively fallen by more than 95% from its all-time high. ABTC posted an operating loss of $118.2 million in Q1 2026, but it still added about 500 BTC, with total holdings exceeding 8,000 BTC. ABTC Executes a 1-for-15 Reverse Stock Split, Down More Than 95% Cumulatively From Its All-Time Hi

China's A-share oil and gas sector surged this afternoon (July 13). Shandong Molong approached the daily price limit, while Science Energy, Tongyuan Petroleum, China National Offshore Oil Corporation (CNOOC), and Blue Flame Holdings advanced in

According to Lee Jae-man, senior analyst at Hana Securities, the KOSPI index has technically hit bottom as of July 13, with a short-term recovery target of 9,240 points and a long-term target of 11,450 points. Lee's forecast is based on historical analysis showing the maximum decline rate

SK Hynix and Samsung Electronics stocks plunged on July 13, with SK Hynix falling 12.43% to 271,000 won and Samsung Electronics dropping 8.42% to 261,000 won as of 2:03 PM. Analysts attributed the decline to fading expectations around SK Hynix's ADR listing, concerns over second-quarter earnings fal

According to Gate data, Southern China Leveraged Long Hynix ETF dropped 28.03% intraday on July 13, trading at HKD 64.34.

Sangsangin Securities announced a 5-to-1 stock consolidation plan to address delisting warnings for penny stocks. The post-consolidation calculated share price stands at 3,830 won, below the required 5,000 won par value threshold. The company reported a profit rebound in Q1, but faces the

According to The Fact, Sangsangin Securities announced a 5-to-1 stock consolidation as the company faces penny stock delisting warning. The adjusted share price following the consolidation stands at 3,830 won, below the new par value of 5,000 won. Despite a return to profitability in the first