Global TradFi & Macroeconomics

According to Zhitong Finance, Hong Kong's Hang Seng Index opened down 0.49% to 25,346.90 points today (August 19), while the Hang Seng Tech Index fell 1.27% to 4,678.80 points and the State-Owned Enterprise Index declined 0.53% to 8,408.50 points. Xiaomi-W (01810) bucked the trend, opening

According to reported developments, Amylyx Pharmaceuticals (AMLX), Iovance Biotherapeutics (IOVA), and ONEOK (OKE) reached 52-week highs on Tuesday. AMLX surged 63% to $35.39 after reporting Phase 3 results showing its treatment avexitide reduced hypoglycemic events by 55% versus placebo. Iovance hi

Shell is investing in a new supply chain in Queensland, Australia. The company's QGC project is scheduled to commence gas supply operations in 2027.

According to Oil Minister Paula Henao, Venezuela signed two oil production-related contracts with U.S. oilfield services giant Schlumberger (SLB) and independent producer Hunt Oil on Tuesday, Aug 19. The agreements aim to attract investment and boost crude production from Venezuela's vast but

According to ChainCatcher, PCB manufacturers including Granda, Compeq, Tongtai Plastics, and Unimicron raised prices by 5%-30% this year as upstream materials including copper-clad laminates and semi-cured sheets face supply shortages and rising costs. Price gains are expected to accelerate from

The landmark trial over social media addiction involving Meta Platforms (NASDAQ: META) and 29 U.S. states began on August 18 in the U.S. District Court for the Northern District of California. META shares fell 4.45% to close at $543.67 that day. The lawsuit alleges that Meta deliberately designed its platforms to addict teenagers, concealed known risks despite being aware of the harm, and violated federal children’s privacy laws. Zuckerberg is expected to testify. Three Core Allegations Against

According to SEC 13F filing submitted in August, Nvidia disclosed holding 214.77 million Intel shares worth approximately $30 billion as of June 30, representing 47.3% of its U.S. equity portfolio. The significant position reflects Intel's stock surge of roughly 180% year-to-date and approximately 4

According to PANews, on August 19, multiple robot-themed ETFs declined sharply, with Guotai Robotics ETF, Guangfa Robotics ETF, and Penghua Robotics ETF each falling more than 5%.

Foreign investors in the Seoul foreign exchange market sold dollar futures for three consecutive weeks, with selling activity accelerating on the previous day. During the Aug 7 week, foreign investors net sold 173,873 contracts, followed by 64,556 contracts during the Aug 14 week. Through the previo

Individual investors in South Korea have been net purchasing bond-hybrid 50 exchange-traded funds (ETFs) that combine 50% stocks and 50% bonds amid volatile market conditions with alternating rises and falls, according to ETF Check data as of the previous day. The interest stems from these

According to ETF Check, bond-equity blended exchange-traded funds (ETFs) mixing 50% stocks and 50% bonds are attracting strong retail interest in South Korea amid volatile market conditions. As of August 19, PLUS SK Hynix Sandisk Bond-Equity Blend 50 ranked third among all non-leveraged and

According to Bloomberg, on Aug. 18, Pony AI reported second-quarter revenue rose 69% year-on-year to $36.2 million, with robotaxi revenue surging to a record $12.1 million from $1.5 million, now accounting for roughly one-third of total revenue. The company's net loss widened to $59.8 million from $

According to BlockBeats, on August 19, Chinese robotics company Unitree (stock code 688836) opened with gains narrowing to 500%, trading at 909.85 Chinese yuan. Simultaneously, Unitree perpetual futures on Trade.xyz surged 25% to $131, erasing previous negative

According to Xinhu Futures on August 19, the core drivers of the gold market are shifting from interest rate expectations alone toward a dual convergence of rate revision and sovereign credit reconstruction. With weak July U.S. economic data reducing near-term Fed rate hike pressure, gold prices are

On August 19, South Korea’s KOSPI plunged more than 6% in early trading, triggering the circuit breaker mechanism, with chip stocks bearing the brunt. SK Hynix fell more than 7% at one point during the session and was last trading at 1.54M won (approximately $1,095). In the previous trading session, SK Hynix ADR had already plummeted 9.20% in the U.S. market, closing at $155.62. This is not the first time SK Hynix has experienced extreme volatility. Since reaching an all-time high in June this y

According to South Korea's Ministry of Industry, Commerce and Energy, Minister Kim Jong-gwan met with U.S. Commerce Secretary Howard Lutnick and USTR Representative Jamieson Greer on August 16-19 to discuss strategic investment projects and trade issues. The emergency visit aimed to maintain

According to Yonhapnews, the Korea Deposit Insurance Corporation (KDIC) divested a 0.6% stake (450,000 shares) in Seoul Guarantee Insurance on August 19, recovering 19 billion won through an off-hours block sale. The recovery brought the cumulative recovery rate from the original 10.25 trillion won

Forbes reported on August 18 that the U.S. FY2026 budget deficit so far has surged to $1.8 trillion, creating downside pressure on high-valuation assets such as stocks and cryptocurrencies. Sean Farrell, head of digital asset strategy at Fundstrat, noted that Bitcoin’s recent price volatility is among the lowest on record. Historical data shows that the median absolute price move over the subsequent 60 days is approximately 30%. U.S. FY2026 Budget Deficit Reaches $1.8 Trillion The U.S. FY2026 bu

Kim Jung-hyun, head of ETF business at Shinhan Asset Management, discussed semiconductor stock investment strategy and ETF market trends in an interview with MoneyToday ahead of a September ETF investment competition. The SOL AI Semiconductor TOP2 Plus ETF launched on March 17 and attracted 6.49

According to Jin10, as of 09:30 Beijing time on August 19, WTI crude oil futures rose 0.60% while U.S. natural gas futures gained 0.22%.