Global TradFi & Macroeconomics

Hong Kong stocks closed lower on Friday (14th), with the Hang Seng Index falling 1.1% to 25116.85 points, dropping below the 25200-point level. The Hang Seng Tech Index declined 1.77% to 4707.62 points, while the Hang Seng China Enterprises Index fell 1.02% to 8340.83 points. Tech stocks led the

According to U.S. Securities and Exchange Commission filings released on August 14, the Korea Investment Corporation (KIC) reduced holdings in Magnificent 7 tech stocks during the second quarter ended June 30. KIC cut Nvidia positions by 9.3% to 16.45 million shares, while also trimming

According to the Korea Exchange, Samsung Electro-Mechanics' share price surged 12.58% to 1,503,000 won on August 13, following Morgan Stanley's selection as a top pick over Samsung Electronics.

According to JPMorgan's Q2 2026 13F SEC filing submitted on August 12, the bank increased its Blackrock iShares Bitcoin Trust (IBIT) position to $355.7 million as of June 30, up from approximately $162 million in Q1. The bank also added exposure to XRP through Bitwise and Grayscale ETFs and an

According to FinTech Intelligence APP, Hang Seng Index futures (August contract) opened at 25,097 points on August 14. As of 17:01 Beijing time, the contract traded at 25,125 points, up 31 points or 0.124%, with a premium of 8 points over the cash

Korean biotech company Oscotec reported a turnaround to profitability in H1 with operating profit of 28.7 billion won, reversing a 9 billion won loss in the prior year period, driven by technology transfer deals including a June licensing agreement with US-based Agios Pharmaceuticals for

EGL Tours (06882) announced its interim profit alert for the period ending June, expecting net profit attributable to shareholders of HK$29 million, representing a year-on-year increase of approximately 3.83 times. The company attributed the significant profit growth to the clarification of

According to Bank of America strategists led by Michael Hartnett, a Republican victory in the November 3 mid-term elections combined with Greg Abbott's re-election as Texas governor could drive further stock market gains, particularly in the artificial intelligence sector. If Democrats win control o

According to Financial News, Samsung Electronics and SK Hynix closed up 2.43% and 3.26% respectively on August 14, extending a four-day winning streak that began on August 11. The KRX Semiconductor Index has risen 6.27% this month after falling 31.12% in July. Analysts attributed the recovery to ea

South Korean Vice Finance Minister Moon Ji-seong will meet with Japanese Vice Finance Minister Atsushi Mimura on August 21 in Japan, according to both governments on the 14th. The meeting continues close coordination between the two nations' forex authorities following their unprecedented joint

According to Goldman Sachs' latest research, the investment bank maintains a Buy rating on Sandisk with a $2,200 price target. The firm noted that Sandisk's investor day signaled stronger-than-expected long-term profitability and shareholder returns. Goldman Sachs also highlighted that the company's

According to government statements on August 14, South Korea's Moon Ji-sung, vice minister for international economic affairs, will meet with Japan's Atsushi Mimura, vice finance minister, on August 21 in Tokyo to discuss currency policy matters. The meeting follows their historic joint market inte

South Korean investors shifted funds from leveraged single-stock ETFs to broad index products during the one-week period from the 7th to 13th, with KODEX 200 recording 643 billion won in net inflows to top all domestic listed ETFs, according to KOSCOM ETF CHECK on the 14th. The move followed

According to Korean Economic Daily, Hyundai Motor Group's market capitalization surged 3.63% to 263.2 trillion won on August 14, while LG Group's market cap rose 2.44% to 199.9 trillion won on the same day. Hyundai Motor's stock jumped 8.24%, followed by gains across its subsidiaries including

According to Koscom ETF CHECK data released on August 14, investors in South Korea moved 1.3 trillion won to major index-tracking ETFs over the past week (August 7-13), amid elevated market volatility. KODEX 200 led inflows with 643 billion won, followed by TIGER S&P 500 (327.4 billion won), KODEX

According to BlockBeats citing TradingBeats monitoring, Sandisk (SNDK) rebounded 63.6% since July 30, outperforming Micron (MU) by 26.8 percentage points and SK Hynix (SKHX) by 30.2 percentage points in the storage sector rally. SNDK dropped to a low of $970.74 on July 30, now trading at $1,587.80,

Bitcoin miners are maintaining low selling pressure despite BTC trading at $63,300, approximately 17% below its $76,500 average production cost. Daily miner revenue has dropped 3x since last October, declining from $60M to $20M. According to Bitfinex analysts, the Puell Multiple near 0.7 indicates r

Nasdaq filed with the SEC to streamline options listings for crypto-backed ETFs holding digital commodities. The proposed rule change would allow certain ETFs to qualify for options listings based on standardized requirements, eliminating the need for separate approval processes each time. This

According to SEC filings, Nasdaq proposed on August 14 that the SEC establish standardized requirements for options listings on crypto-backed ETFs holding digital assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The proposal would streamline approvals by eliminating the need for

Private equity firm Silver Lake's potential acquisition of software company Workday Inc. (WDAY) sent the stock nearly 18% higher to $206.45 on Thursday, boosting its market capitalization from $43 billion to approximately $51.1 billion, according to Reuters reports. Dan Niles, founder of Niles