Global TradFi & Macroeconomics

According to Bloomberg, American Bitcoin's stock has fallen over 95% from its peak, with Eric Trump's roughly 6% stake losing over $600 million in value over the past 10 months. The company completed a 1-for-15 reverse stock split this week to maintain Nasdaq listing compliance, hitting a record

According to portfolio managers and analysts cited by Yahoo Finance on July 11, Wall Street is becoming more selective on artificial intelligence chip stocks as the earnings season approaches next week. Investors are shifting focus from momentum-driven AI spending to scrutinizing fundamentals

According to Seoul forex dealers, the USD-KRW exchange rate is expected to move around 1,490–1,505 won on July 13. SK Hynix's American Depositary Receipt (ADR) listing, which raised approximately 26.5 billion USD, is anticipated to weaken the dollar as the company plans to convert a significant

JP Morgan raised its target price for Zhipu (02513) by 20% to HKD 2,400 this week, marking the second upward revision following last week's adjustment, and maintained an 'Overweight' rating. The bank cited demand nearing the company's service capacity limits and noted that new inference resources ar

Seoul's forex market dealing rooms are experiencing varied operational impacts one week after the official transition to 24-hour trading on the 6th. Banks implementing shift work report dealer fatigue from altered schedules, while institutions not actively covering overnight hours notice minimal

According to Yonhap Infomax, Seoul's FX market officially switched to 24-hour trading from July 6, 2026. Under New York summer time, trading now runs from 6 AM Monday to 6 AM Saturday, extending the previous 9 AM to 2 AM window to continuous operation. Trading volume during early morning hours

According to Maeil Business Newspaper, the U.S. Securities and Exchange Commission (SEC) delayed the launch of SK Hynix ADR 2X leveraged exchange-traded funds (ETFs) from July 13 to July 14 on July 13. The SEC instructed stock exchanges to begin trading in SK Hynix ADR leveraged and inverse ETFs on

On July 13, the Hang Seng Index opened down 0.07%, with the Hang Seng Tech Index declining 0.04%. The semiconductor sector led losses, with Maxim Semiconductor (GigaDevice) tumbling nearly 12% and Montage Technology falling over 3%. In contrast, Zhipu AI rallied nearly 5% after JPMorgan Chase

Bank of America warned on 12일 (local time) that investor bullish sentiment has reached its most extreme level in five years, urging a near-term reduction in equity exposure. Michael Hartnett, the bank's chief investment strategist, stated that extreme bullish positioning signals the need to scale ba

According to Business Insider on July 12, Bank of America's chief investment strategist Michael Hartnett warned that investor sentiment has reached the most extreme bullish level in 5 years, signaling the need to reduce risk asset exposure. BofA's Bull & Bear indicator, which synthesizes hedge

According to The Motley Fool, Nvidia stock has gained only 5% year-to-date through July 7, significantly underperforming its record run in 2023-2025, though analysts attribute this to valuation contraction rather than fundamental weakness. The company's data center segment reached record quarterly r

According to Bloomberg, as of July 9, South Korea's KOSPI index posted a 12-month forward price-to-earnings ratio (P/E) of 6.35x, falling below the 6.82x recorded in October 2008 during the global financial crisis, despite the index surging around 80% year-to-date driven by improved earnings from

According to JPMorgan Chase, the investment bank raised its target price for Zhipu (02513.HK) to 2,400 Hong Kong dollars, marking a 20% increase and the second upward revision within a week. The previous target price of 2,000 HKD was set just last Tuesday. JPMorgan attributed the upgrade to the

According to Guru Club, on July 13, China's energy-related futures rose broadly, with SC crude oil jumping over 3% to 483 yuan per barrel, fuel oil up nearly 5%, benzene up over 4%, styrene (EB) up over 3%, and ethylene glycol (EG) and butadiene rubber each up nearly 4%.

According to its IPO prospectus, Chinatone (芯天下 Technology Co., Ltd) filed its second Hong Kong Stock Exchange application in 2026 as the flash memory industry surged amid AI adoption. The fabless memory chip designer reported Q1 2026 revenue of RMB 224 million, up 77.4% year-over-year, with net pro

CITIC Securities, according to Hong Kong stock disclosures, guided for interim period (H1 2026) net profit attributable to shareholders of 23.343 billion yuan, representing a 70.15% year-over-year increase.

POSCO International is expected to maintain solid earnings performance in Q2 this year, according to a compilation of forecasts from 13 major domestic securities firms submitted within the recent 3 months by Yonhap Infomax on the 13th. The company's Q2 operating profit is projected at 351.6

Han Seung-pyo, founder of major insurance agency Goodrich, notified JC Partners in mid-June of his intent to exercise a call option to recover management rights. JC Partners acquired a 60% stake in Goodrich in 2022 at an enterprise

Korean and Japanese forex authorities have intensified market interventions and coordination signals, causing USD-KRW and USD-JPY exchange rates to retreat from recent highs. On July 10, Korean Vice Finance Minister Moon Ji-seong's verbal intervention drove USD-KRW from an intraday peak

According to industry sources, Han Seung-pyo, founder of South Korea's major insurance agency Goodrich, is pursuing management control recovery through a call option exercise, with the deadline set for mid-September. Han is in discussions with multiple financial investors, including Bayside PE found