Global TradFi & Macroeconomics

According to MSX.COM data cited by Odaily, the Philadelphia Semiconductor Index fell 3% at the market open on July 13. Among major components, Micron Technology dropped 5.79%, ARM declined 5.87%, and Intel fell 4.55%, while NVIDIA slipped 0.64% and ASML

According to BlockBeats, UBS raised Intel (INTC.O) price target to $121 from $83 on July 13, representing a 46% increase.

According to its public announcement, Botech Automotive (02889) received board approval on July 13 to implement an H-share full circulation plan. The company plans to convert 71.78 million domestic shares, representing approximately 44.31% of its issued share capital, into H-shares. The conversion

A group of state attorneys general led by California Attorney General Rob Bonta is expected to file a lawsuit as soon as Monday challenging Paramount Skydance's proposed acquisition of Warner Bros. Discovery, according to a CNBC report. The lawsuit will seek to block the merger on antitrust

Bank of America raised AMD's price target to $620 from $550 on July 13, according to the announcement.

According to LSEG and market analysts, this week (July 14-17) will feature critical economic data and corporate earnings that could reshape market expectations. On Tuesday, July 14, the U.S. June consumer price index (CPI) will be released, followed by the producer price index (PPI) on Wednesday and

South Korean stocks experienced a severe selloff on July 13, with the KOSPI index plunging 669.01 points (8.95%) to close at 6,806.93, driven primarily by sharp declines in semiconductor giants SK Hynix and Samsung Electronics. SK Hynix recorded its steepest single-day drop of 15.37% since its

According to its announcement, China Aluminum (02600) expects net profit attributable to shareholders for H1 2026 of 11.2 billion to 12.2 billion yuan, up 58% to 73% year-over-year. The company also projected profit excluding non-recurring gains and losses at 11.0 billion to 12.0 billion yuan for

According to Xinhua Insurance's announcement, the company expects net profit attributable to shareholders for the first half of 2026 to reach RMB 20.719 billion to RMB 23.678 billion, an increase of RMB 5.92 billion to RMB 8.879 billion compared to the same period in 2025, representing a 40% to 60%

According to SmartFinance, Lingbao Gold (03330) expects net profit of approximately 950 million to 1.05 billion yuan for the six months ended June 30, 2026, representing an increase of 42% to 57% compared to approximately 670 million yuan in the same period of 2025. Revenue is projected at 7.9 billi

South Korea's benchmark KOSPI index fell 9% (669 points) to close at 6,806.93 on July 13, marking the steepest single-day decline in two months, according to Donga Ilbo. SK Hynix led the selloff with a 15.37% drop—its largest daily loss since its December 1996 IPO—after Korean Investment &

According to Bloomberg, Apple's stock has surged 15% since June 25 and touched record highs, adding nearly $600 billion in market value. The rebound reflects investor concerns about whether massive AI infrastructure spending by

According to Kanglong Chemitech's announcement, the contract research and manufacturing organization (CRMO) provider forecasts H1 2026 revenue of 7.47–7.66 billion yuan, up 16–19% year-over-year, with net profit attributable to shareholders reaching 729–772 million yuan, up 4–10% YoY. New

According to an official announcement, Dingti High-tech (01377) posted consolidated net profit attributable to shareholders of 6.4-7.0 billion yuan for the first half of 2026, representing a 300.62%-338.18% year-over-year increase. Net profit after excluding non-recurring items reached 6.3-6.9 billi

According to Zhongwei New Materials' announcement, the company projects attributable net profit of 1.25-1.35 billion yuan for the first half of 2026, representing a 70.58%-84.23% year-over-year increase. The company reported combined sales of over 250,000 tons across nickel-based, cobalt-based, phosphorus-based, and sodium-based battery materials. Ternary precursors achieved over 50% sales growth with stable margins, phosphorus-based materials surged over 25% with significant margin expansion an

According to the Financial Times, Dubai plans to build a new port to bypass the Strait of Hormuz on July 13.

According to Reuters, Watches of Switzerland Group Plc, the UK's largest Rolex dealer, saw its stock climb over 8% in recent trading, marking its largest gain in nearly two months. The surge followed Reuters' report that the company has been in discussions regarding a potential privatization offer i