Global TradFi & Macroeconomics

Hong Kong stocks rose across major indices on Monday (17th), with the Hang Seng Index climbing 1.34% to close at 25,453.23 points, breaking through the 25,000 level. The rally was driven by strong performance in AI-related hardware sectors, particularly chip stocks and optical communications,

The USD-KRW exchange rate fell to 1,413.00 won at 3:30 PM on August 17, down 5.30 won from the previous trading day's close of 1,418.30 won in the Seoul foreign exchange market. The decline occurred on the final day of a three-day holiday weekend marking Liberation Day substitute holiday, with yen s

According to PANews, on August 17, CSOPSKHYNIX2LUSDT—tracking South China Morning Post-listed SK Hynix daily leveraged (2X) product on Hong Kong Exchanges—accumulated trading volume of over $20 million within 7 days of launch, according to Binance

According to Chinastock Financial, Chow Sang Sang (00116) released interim earnings guidance for the six months ended June 30, 2026, forecasting net profit attributable to shareholders from continuing operations of HK$2.1-2.2 billion, compared with HK$910 million in the same period of

Five major Korean securities firms are forecast to see net profit decline in the third quarter despite posting record results in the second quarter. According to financial data provider FnGuide on the 17th, the combined Q3 net profit consensus for Mirae Asset Securities, Korea Financial Group,

According to a statement from Guangzhou Baiyunshan Pharmaceutical Group (Hong Kong Stock Code: 00874), its subsidiary Baiyunshan Tianshin Pharmaceutical recently received a drug registration certificate from Macao's regulatory authority for injectable cefazolin sodium (0.5g and 1.0g

According to F&Guide, consensus expected net profit for the five major Korean brokerages—Mirae Asset Securities, Korea Financial Group, Kiwoom Securities, NH Investment & Securities, and Samsung Securities—in Q3 and Q4 2026 totaled 2.2 trillion won, down 51.66% from the previous quarter, though up 1

According to Bitget data, Brent crude oil broke through $88 per barrel on August 17, posting intraday gains of 0.93%.

On August 17, 2026, Hong Kong-listed tech stocks staged a strong rebound. The Hang Seng Index rose 1.34%, the Hang Seng Tech Index rose 1.58%, and optical communications and semiconductor stocks led the gains. By the close, Yangtze Optical Fibre and Cable (06869.HK) had risen 12%, Hua Hong Semiconductor (01347.HK) had risen 7.45%, and all three key stocks had simultaneously reached new rebound highs since August. This rally was not an isolat

According to Herald Economics, South Korea's KOSPI index rose 164.60 points from the previous trading day on August 14, 2026, with the market expected to sustain momentum into next week led by semiconductor stocks including Samsung and SK Hynix. The gains are underpinned by strong performance from a

According to Herald Economy, Reddit will be included in the S&P 500 on August 18, approximately 2 years and 5 months after its March 2024 initial public offering. Despite recent reports of slowing user growth, the online community platform has rapidly expanded its advertising business, elevating it

According to Zhitong Finance, Bright Property Holdings (02299) announced it will distribute an interim dividend of HK$0.11 per share on October 22, 2026.

According to Bahana Securities economist Purbiantoro Lintang on August 17, Indonesia's official 2027 economic growth target of 6.0% appears too ambitious amid persistent Middle East tensions and elevated global interest rates. The firm forecasts 2027 GDP growth at 5.0% instead, citing risks from

According to South Korea's Ministry of Oceans and Fisheries, the 16th tanker carrying crude oil from the Red Sea's Yanbu port safely transited the Suez Canal on August 17 and is currently en route to South Korea. The vessel opted to pass through the northern Suez Canal rather than the southern Bab e

According to its official filing, Shenzhen Holdings (00604) expects an unaudited consolidated loss attributable to equity shareholders of HK$1.9 billion to HK$2.1 billion for the six months ended June 30, 2026, narrowing from HK$2.62 billion in the same period last year. The improvement was

According to Jin10, on August 17, Thailand is undertaking a comprehensive revision of its manufacturing output index following U.S. officials' observations that the country's surging exports contrast sharply with declining domestic production. Thailand's June exports grew 20.8%

According to Jin10, Zhaojin Gold reported on August 17 that its H1 2026 net profit reached RMB 227 million, surging 407.44% year-over-year. Revenue grew 85.13% to RMB 363 million in the first half, while non-GAAP net profit jumped 666.39% to RMB 104 million.

According to Huaxun's announcement, the group expects net profit attributable to shareholders for H1 2026 to decline 60-70% year-over-year from approximately 41 million Hong Kong dollars in the same period last year. The decline is mainly due to losses from recently acquired subsidiaries in

According to Zhitong Finance, Baihong Industrial (02299) posted net profit attributable to shareholders of 985 million RMB for the six months ended June 30, 2026, surging 161.57% year-over-year. The group's revenue reached 12.712 billion RMB, up 34% YoY, with basic earnings per share at 0.47 RMB.

According to Zhitong Finance, on August 17, Hang Seng Index night futures for August (HSI Aug contract) opened at 25,422 points. As of Beijing time 17:16, the contract traded at 25,437 points, up 14 points or 0.055%, trading at a 16-point discount to fair value. Trading volume reached 221