Sydney:12/24 22:26:56

Tokyo:12/24 22:26:56

Hong Kong:12/24 22:26:56

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2026-07-15 Wednesday

2026-07-19

12:42:11

[Extreme Market Movements in South Korea Reflect the Risks of "Emotional" Investment] The Korea Composite Stock Price Index (KOSPI) opened sharply higher on the 15th, rising by 7% before the Korea Exchange (KSE) initiated a temporary trading halt due to sharp fluctuations in KOSPI 200 futures. This year, the KSE has initiated temporary trading halts 36 times, and the KOSPI has triggered circuit breakers seven times due to sharp declines. Recently, the KOSPI entered a technical bear market, experiencing a rollercoaster-like price swing on the 14th after a circuit breaker was triggered the previous trading day, resulting in a sharp V-shaped reversal and a closing gain. Observations reveal that the extreme movements in the South Korean stock market reflect the significant risks of "emotional" investment: when market expectations are continuously strengthened, stock market gains far exceed the support of economic fundamentals; however, once confidence wavers, a sharp decline ensues. For South Korea, AI and semiconductors remain strategic industries with strong international competitiveness. However, when policy support, industrial capital, and household wealth allocation simultaneously "bet" on a single sector, market expectations are amplified, leading to extreme market risks. Analysts point out that the real challenge in the future lies in how the government can strengthen investor education and guidance, ensuring that investment returns to industry value and economic fundamentals. (Xinhua)

12:34:12

Japan's tertiary sector activity year-on-year rate in May

Previous : 2.20 Forecast : -

Published Value 1.50

Previous

12:32:14

Japan's May Tertiary Sector Activity Month-on-Month Rate - Unadjusted

Previous : -10.60% Forecast : -

Published Value -1.40%

Previous

12:32:12

Japan's May Tertiary Sector Activity Month-on-Month (Seasonally Adjusted)

Previous : 1.30 Forecast : 0.40

Published Value 1.10

Previous

11:40:11

【A-share midday review: Total market turnover reached 1.7264 trillion yuan, computing power hardware stocks retreated across the board, medical consumption bucked the trend and strengthened】 (1) The three major A-share indices weakened collectively in the morning session. As of midday, the Shanghai Composite Index fell 0.08%, the Shenzhen Component Index fell 0.38%, the ChiNext Index fell 0.36%, the Beizheng 50 Index fell 0.65%, and the STAR Market 50 Index fell sharply by 3.67%. The total market turnover reached 1.7264 trillion yuan, an increase of 91.3 billion yuan from the previous day, with more than 3,600 stocks rising. (2) Significant sector differentiation: Medical services, CRO concept, weight loss drugs, liquor, and film and television cinemas led the gains, among which Yaokang Bio, Ruizhi Pharmaceutical, Zhaoyan New Drug, Jinzhongzi Liquor, and Xingfu Blue Ocean hit the daily limit; Semiconductor, memory chip, advanced packaging, electronic chemicals, lithography machine and other computing power hardware sectors led the declines. (3) The semiconductor sector opened high but closed low, with Huahong Microelectronics, Huatian Technology, and Demingli hitting the daily limit down, and Moxi Shares and Baiwei Storage falling by more than 10%; electronic chemicals also performed weakly, with Sanfu New Technology falling by more than 15%. Market focus has clearly shifted from technology hardware to pharmaceuticals, consumer goods, and film and television sectors.

11:30:11

[China Electricity Council: National Computing Power Consumption to Reach 800 Billion kWh by 2030, Accounting for 6% of Total Electricity Consumption] (1) The China Electricity Council released a report on July 14, predicting that national electricity consumption will increase by 5%-6% year-on-year in 2026, with an annual increase of approximately 400 million kilowatts in power generation capacity. New energy sources will remain the mainstay, with an additional 100 million kilowatts of conventional power sources, roughly in line with the increase in maximum load. (2) Zhang Lin, director of the Planning and Development Department of the China Electricity Council, pointed out that computing power consumption is growing rapidly. It is estimated that during the "15th Five-Year Plan" period, the national computing power consumption will increase by more than 100 billion kWh annually, reaching 800 billion kWh by 2030, accounting for about 6% of total electricity consumption. He emphasized that promoting computing-electricity collaboration is an inevitable way to gain a global competitive advantage in the computing power industry. (3) Zhang Lin suggested that, in accordance with the idea of “strengthening computing with electricity and promoting electricity with computing”, the planning should be carried out in different regions: the western region should coordinate the construction of computing power hubs and large-scale new energy bases; the eastern region should promote the coordinated planning of distributed computing power, distributed power sources, microgrids and virtual power plants to respond to computing power needs nearby.

11:12:11

[Rubio to chair the first meeting of the Economic Diplomacy Action Group to coordinate U.S. economic governance strategy] (1) U.S. Secretary of State Marco Rubio is scheduled to chair the first meeting of the Economic Diplomacy Action Group (EDAG) this Wednesday. The group was established during the Biden administration (signed by a presidential memorandum in June 2024), but has never formally met before; its members include the heads of more than ten federal agencies, including the State Department, Department of Commerce, Department of Energy, Department of Agriculture, Department of Defense, Department of Treasury, Trade Representative, and Export-Import Bank. (2) The EDAG aims to coordinate and integrate various economic diplomacy tools and capacity-building mechanisms of the U.S. government to advance U.S. foreign policy priorities, especially “U.S. leadership in artificial intelligence,” while strengthening national competitiveness by supporting U.S. businesses, creating jobs for workers, and attracting domestic investment. (3) Rubio participated in legislation as early as 2019 (the “Supporting American Business through Diplomacy Act”), laying the foundation for the group’s framework; the Secretary of State was formally appointed as chair during the Biden administration. Since Trump's return to the White House, Rubio has also served as acting national security advisor, acting administrator of the Agency for International Development (AID), and acting national archivist (the last of which he no longer holds). This time, he chaired the EDAG meeting, which is the latest extension of his many concurrent responsibilities.

11:02:15

South Korea's M2 money supply rate in May

Previous : 0.60 Forecast : -

Published Value 0.80

Previous

11:02:14

South Korea's May money supply L month-on-month rate

Previous : 1.80 Forecast : -

Published Value 1.10

Previous

11:02:13

South Korea's average Lf liquidity balance for financial institutions in May - seasonally adjusted (trillion won)

Previous : 6259.21 Forecast : -

Published Value 6314.53

Previous

11:02:11

South Korea's May money supply L-year rate

Previous : 8.10% Forecast : -

Published Value 9.20%

Previous

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