Global TradFi & Macroeconomics

According to Vanda Research, U.S. retail investors on Tuesday recorded their largest single-day net sell-off in individual stocks since the pandemic crash in March 2020, with net sales reaching $213 million. Approximately 88% of selling pressure concentrated in memory chip stocks, with Micron

KOSPI attempted a rebound on July 30 after a 39% plunge over one month, opening at 5681.77. The index fell from its intraday record high of 9385.59 on June 19, marking its worst monthly decline in history with a 33% drop in July alone. The selloff reflected multiple headwinds including

SK Hynix faces sharply divided analyst outlooks as its stock price halved over one month, with target prices ranging from 148만원 to 470만원. BNK Securities lowered its target to 148만원 from 185만원 in a report issued 전날, citing anticipated second-half memory demand slowdown and potential supply oversupply. Korea Investment Securities raised its target to 470만원 from 380만원 이날, attributing the company's Q2 earnings miss to shipment delays rather than demand weakness. The divergence follows SK Hynix's sto

InnoLight Technology (Hong Kong stock code 03308, Shenzhen stock code 300308) opened at 971 HKD on Thursday on the Hong Kong Stock Exchange, down 9 HKD or 0.92% from its initial public offering price of 980 HKD. The decline extended the stock's grey market performance from Wednesday, when it

SK Hynix reported Q2 revenue of 79.3 trillion won and operating profit of 60.5 trillion won, achieving a 76% operating margin—a quarterly record for the company. The earnings surge was driven by strong demand for high-bandwidth memory (HBM) tied to artificial intelligence applications and a

According to Asia Economy, South Korea's KOSPI index plunged 39.3% on July 30 from its July 19 intraday record of 9,385.59 to 5,681.77, marking the largest single-month decline in history. The index fell 33% in July alone. The sharp selloff was triggered by Meta's second-quarter earnings missing

According to Caijin News, Zhongjixuangchuang (HK: 03308), a leading China-based optical communication module manufacturer, debuted on Hong Kong Stock Exchange on July 30, opening at HK$971, down 0.92% from its IPO price of HK$980. The stock had traded as low as HK$931 in the after-hours market on Ju

According to BNK Investment & Securities and Korean Investment & Securities, on July 30, SK Hynix analyst targets diverged sharply following the company's Q2 earnings. BNK downgraded its target from 1.85 million won to 1.48 million won, citing concerns over second-half memory oversupply, while Korea

According to The Fact, about a year after South Korea's Financial Services Commission Vice Chairman Kwon Dae-young stated that debt-funded investing is a form of leverage, the regulator is now imposing strict restrictions on retail investors' access to leverage exchange-traded funds (ETFs)

South Korea's Seoul Composite Index (KOSPI 200 index) extended its intraday gains to 5.1% on July 30.

China's precious metals stocks rallied in early trading today (July 30), with Zhao Jin Gold (601899) hitting the daily limit up. Chinafinc Gold (000338), Western Gold (601702), China Gold (600370), Sichuan Gold (601958), and Shan Jin International (600370) followed with

The US Federal Reserve held its benchmark interest rate at 3.50%-3.75% on the 29th (local time) in a July Federal Open Market Committee (FOMC) decision marked by three dissenting votes for a rate hike, prompting Seoul bond market participants to characterize the outcome as a 'hawkish hold' that

According to Michael Burry, the investor famous for his role in "The Big Short," NVIDIA is fueling what he calls a "Biblical-scale" AI bubble through strategic circular financing, reflected in sharply rising credit default swap (CDS) costs. Via social platform X, Burry noted that NVIDIA's

Amazon is set to release its second-quarter earnings after market close on the 30th, with Wall Street focusing on whether Amazon Web Services (AWS) growth can justify the company's capital expenditure plans. In February, Amazon announced an estimated $200 billion in capital expenditures for 2026, an

According to the Federal Reserve, the central bank held its benchmark interest rate steady at 3.50%-3.75% on July 29, with three regional Federal Reserve presidents voting in favor of a rate hike. The dissenters were Beth Hammack (Cleveland Fed), Neel Kashkari (Minneapolis Fed), and Lorie Logan

Today, the Hong Kong stock market opened higher amid mixed global sentiment. The Hang Seng Index opened up 67 points, or 0.3%, at 25,875 points; the Hang Seng China Enterprises Index rose 50 points, or 0.6%, to 8,674 points; the Hang Seng Tech Index gained 21 points, or 0.4%, to 4,885 points. New

CME Group announced a long-term partnership with Futuresports on July 29 to list futures and options tied to sports performance indexes. The first monthly and quarterly contracts are expected to trade this summer. The partnership targets the $650 billion global sports industry, where broadcasters, s

Democratic Party lawmaker Park Sang-hyuk acknowledged on the 30th at a National Assembly policy coordination meeting that many individual investors are experiencing difficulties amid the recent KOSPI decline, stating he feels great responsibility. The market volatility expanded significantly

Sycamore Photonics (03308), China's leading optical transmission equipment manufacturer, listed on the Hong Kong Stock Exchange today (July 30), opening at HK$971, down 0.9% from its IPO price of HK$980. The global offering of 54.5 million shares raised approximately HK$52.891 billion, with the