Global TradFi & Macroeconomics

According to data submitted to South Korea's National Assembly Finance Committee, non-financial private enterprises' net dollar sales reached $109.65 billion in Q2 2026, up 3.7-fold from $29.47 billion in the same period last year. Gross dollar sales totaled $263.59 billion, a 71.5% increase YoY.

ARK Invest founder Cathie Wood commented on August 23 that Circle (CRCL) remains underpriced by public equity markets despite appreciating 84% since its initial public offering. In a post on X, Wood contrasted Circle's gains with traditional payment giants Visa and Mastercard, which have risen

The People's Bank of China will conduct 500 billion yuan of Medium-term Lending Facility (MLF) operations on August 25, 2026, using fixed quantity and interest rate bidding with multiple pricing tiers. The operations are for a 1-year term.

Hong Kong stocks declined on Monday (24日), with the Hang Seng Index falling 1.89% or 492.13 points to close at 25,517.33 points, while the Hang Seng Tech Index dropped 3.61% to 4,594.04 points. Alibaba led the decline with an 8.54% drop, driven by market concerns over its plan to raise nearly

According to CNA, Alibaba's sudden announcement of an 8 billion yuan stock offering with an 8% discount to fund artificial intelligence development dragged Hong Kong stocks lower on August 24. The Hang Seng Index fell 492 points, or 1.89%, to close at 25,517. Market concerns over potential follow-on

According to Guru Club, on August 24 (Monday), Hong Kong's Hang Seng Index fell 1.89%, or 492.13 points, closing at 25,517.33. The Hang Seng Tech Index dropped 3.61% to 4,594.04, while the Hang Seng China Enterprises Index declined 1.89% to 8,471.36. Alibaba-W led losses with an 8.54% decline on

According to Bloomberg, on August 24, Trump family members and business partners have secured initial approval to establish their own bank. The move comes as the Trump administration has significantly relaxed banking regulations, bringing approval timelines for U.S. national bank charters to their l

According to Yonhap Infomax, South Korea's foreign exchange swap market saw longer-dated contracts decline on August 24, ahead of the Bank of Korea's monetary policy meeting on August 27. The 1-year swap point fell 0.20 won to -9.20 won, while the 9-month contract dropped 0.40 won to -6.90 won.

Three major South Korean KOSDAQ active exchange-traded funds have reallocated their portfolios to concentrate on semiconductor materials, components, and equipment companies as of May 21 closing prices. Samsung Asset Management's KoAct KOSDAQ

The KONEX market, launched as a growth ladder for small and medium-sized venture companies, is experiencing instability. According to Korea Exchange data released on the 24th, KONEX recorded a simultaneous decline in both new listings and transfers to KOSDAQ, alongside a contraction in trading

According to Seoul Economic Daily, on August 24, three major Kosdaq active ETFs significantly increased their exposure to semiconductor materials, parts, and equipment (semiconductors supply chain), holding 62.72%, 52.11%, and 100% of their portfolios in the sector respectively, far exceeding the se

According to Korea Exchange on August 24, South Korea's KONEX market is experiencing pressure as both new and transferred listings decline amid a shift toward larger-cap stocks. The expansion of technology-focused listing rules has lowered barriers to KOSDAQ entry, prompting small and mid-sized

According to Hong Kong Police, the StarBridge Capital gold trading incident has been classified as fraud following investigations. The case is being handled by the Central District Criminal Investigation Squad, and no arrests have been made at this time. As of 1:50 p.m., approximately 180

According to Jin10, Fidelity International portfolio manager George Efstathopoulos doubled his fund's gold holdings over the past three weeks, raising the allocation to 5% of the portfolio, citing increased Federal Reserve policy uncertainty as the catalyst. Efstathopoulos noted that if the U.S.

According to Reuters, on August 24, Yangtze Memory's parent company CCSH Corporation received approval for its IPO application on the Shanghai Stock Exchange's Sci-Tech board. The company plans to raise 33 billion yuan (approximately 4.9 billion USD) and will issue 1.98 billion to 2.43 billion new s

According to ECB Executive Board Member Piero Cipollone, the likelihood of economic downturn and stagflation triggered by the Hormuz Strait crisis is low. In an interview with Italian media ilsussidiario.net published today, Cipollone stated that there are currently no signs pointing to a stagflatio

HTX Research says the artificial intelligence investment cycle is entering a more demanding phase, with investors beginning to judge technology companies by the revenue and free cash flow generated from AI infrastructure rather than the number of chips, models or data centres they can build. The

According to HTX Research, the artificial intelligence investment cycle is shifting focus from infrastructure buildout to revenue and free cash flow generation, as five major US hyperscalers are expected to spend approximately $697 billion in 2026. Capital expenditure will consume about 93% of

Japanese stocks showed mixed performance on the 24th, with the Nikkei 225 index falling 0.74% to 65,528.09 while the Topix index rose 0.15% to 4,073.29. Rising Japanese and US long-term government bond yields triggered selling pressure in semiconductor-related stocks, pulling the Nikkei lower

According to Daodi Futures research on Aug 24, LPG basis spreads have compressed further as futures prices rally while spot prices remain stagnant. The contract (LPG2610) has moved into backwardation versus East China domestic pipeline prices, pressuring further upside in futures. LPG is unlikely to