Global TradFi & Macroeconomics

Kiwoom Securities raised its target price for SM Entertainment stocks to 130,000 won from 110,000 won on the 29th, citing resolved artist contract uncertainties and anticipated earnings growth. Analyst Lim Su-jin attributed the upgrade to completed contract renewals by high-revenue intellectual

According to Kiwoom Securities, on Sept 29, the South Korean brokerage raised its target price for entertainment company SM Entertainment from 110,000 KRW to 130,000 KRW, citing resolution of artist contract uncertainties. The move follows July's contract renewal of boy group NCT 127 and August's re

According to insurance industry sources, the Korea Deposit Insurance Corporation (KDIC) is holding over 1 trillion won in money market funds as the acquisition of Yebyeol Damage Insurance by OK Financial Group remains delayed. The transaction, originally targeted for completion within the third

Hana Securities maintained a 'buy' rating and 3 million won target price for Samsung Electro-Mechanics on the 29th, forecasting third-quarter operating profit will jump 154% year-over-year to 661.5 billion won on MLCC and FCBGA price increases and capacity expansion. Analyst Kim Min-kyung stated pro

South Korea's consolidation of five power generation subsidiaries into a proposed 'Korea Power' entity may shift approximately 24.1 trillion won in corporate bonds to the special bond market, according to a report by Shinhan Securities researcher Lee Kyung-rok on the 29th. The consolidation,

According to Hana Securities on September 29, Samsung Electro-Mechanics is expected to post Q3 operating profit of 661.5 billion won, up 154% year-over-year, as multilayer ceramic capacitors (MLCCs) and flip-chip ball grid arrays (FCBGAs) command higher prices amid strong AI server demand. Revenue i

According to Daishin Securities on September 29, the brokerage downgraded its target price for LG Innotek from 1.3 million Korean won to 920,000 Korean won, citing won-to-dollar exchange rate weakness as a headwind for third-quarter profitability. The company's Q3 operating profit is expected to rea

Heungkuk Securities lowered its target price for Hotel Shilla stocks on the 29th, citing limited growth in duty-free sales despite increased foreign visitor traffic. Analyst Park Jong-ryeol reduced the target price from 65,000 won to 55,000 won while maintaining a 'buy' rating, projecting

According to Heungkuk Securities on September 29, the brokerage cut Hotel Shilla's target price from 65,000 to 55,000 Korean won, citing limited duty-free sales growth despite increased Chinese visitors. Analyst Park Jong-ryul estimated the company's third-quarter operating profit at 63.5 billion wo

Korean government bond futures declined in night trading on September 29, pressured by weakness in US Treasuries. The 3-year futures contract closed at 101.94, down 9 ticks from the previous day's close, while the 10-year contract fell 17 ticks to 103.18. The decline followed a broad selloff in US d

According to Yonhap News, South Korea's 3-year government bond futures fell 9 basis points to 101.94 and 10-year futures dropped 17 basis points to 103.18 in overnight trading on Sept 29. The declines followed weakness in U.S. Treasury yields, which rose sharply: the 10-year U.S. Treasury yield

Samsung Electronics and SK Hynix showed weakness in NextTrade pre-market trading on the morning of the 29th, driven by Samsung Electronics' ex-dividend date coinciding with external macro volatility. As of 8:10 AM, both semiconductor giants turned downward alongside other major Korean stocks

According to JPMorgan Chase strategy analyst Mislav Matejka on Monday (September 28), the Magnificent Seven's valuations have fallen to their lowest levels in a decade. The investment bank noted that the forward 12-month price-to-earnings ratio of the mega-cap tech stocks relative to the S&P 500 has

According to Yuanta Securities analyst Lee Seung-eun, the investment bank raised Korean Colmar's target price from 160,000 won to 185,000 won on September 29, maintaining a buy rating. For Q3-Q4 combined, the company's consolidated revenue is expected to reach 837.6 billion won, up 22%

Hana Financial Investment maintained its 'Buy' rating on Korea Kolmar on the 29th and raised the target price from 160,000 won to 185,000 won, citing the cosmetics manufacturer's resilient order momentum despite tube container supply disruptions. Analyst Lee Seung-eun forecast Korea Kolmar's Q3

According to Yonhapnews, South Korea's KOSPI index fell 191.18 points (2.70%) on September 28, closing at 6,889.74 and dropping below the 7,000-point level for the first time in four trading days. The decline was driven by surging U.S. Treasury yields overnight, with the 10-year Treasury yield

According to Gate Intelligence, Hang Seng Index night futures (September contract) closed at 24,698 points, down 14 points or 0.057% on September 29, trading at a 55-point premium to the spot index.

NH Investment & Securities lowered its target price for Korea Electric Power Industrial Development Co. (KEPCO KPS) stocks to 52,000 won from 55,000 won while maintaining a HOLD investment opinion. The downgrade was reported on the 29th by analyst Lee Min-jae, who cited limited prospects for KEPCO K

According to Zhitong Finance, on Monday, Sept 29, Hang Seng ADR rose to 24,714.50 points, up 71.99 points or 0.29% versus Hong Kong closing. Among major blue-chip stocks, HSBC Holdings fell 0.09% to 158.754 Hong Kong

According to Nextrade pre-market data, Samsung Electronics and SK Hynix declined on September 29 amid dividend ex-date headwinds and macro volatility. Large-cap semiconductor stocks weakened together, while broader market sentiment reflected broader