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Today · 2026-08-04 · Tue

HSBC: THE DIRECT INFLATION EFFECTS OF AI ARE MORE LIKELY TO OCCUR IN KOREA

ON 20 JULY, HSBC ECONOMISTS STATED IN A STUDY THAT AI COULD HAVE A MORE DIRECT INFLATIONARY IMPACT ON KOREA AS AN UPSTREAM HARDWARE SUPPLIER. THEY INDICATED THAT BOTTLENECKS IN HIGH-TECHNOLOGY COMPONENTS AND LOGISTICS WERE PUSHING UP PRODUCER PRICES IN THESE KEY UPSTREAM MARKETS. THEY SAID THAT THE CENTRAL BANK OF KOREA MIGHT HAVE TO TIGHTEN MONETARY POLICY IN RESPONSE TO INFLATION. HSBC EXPECTS THAT, BY THE END OF THIS YEAR, THE CENTRAL BANK OF KOREA WILL HAVE REACHED A FURTHER INCREASE. THEY ADDED THAT, AT THE SAME TIME, THERE WAS A RISK OF FURTHER TIGHTENING POLICIES IN 2027, DEPENDING ON THE EXTENT TO WHICH THE SURGE IN AI EXPORTS WAS CHANNELLED TO LOCAL ECONOMIC ACTIVITIES. KIM XIAN

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Morgan Chase strategist predicts that profit growth will drive the chip unit to rebound

On 20 July, Morgan Chase strategist stated that AI-related equities were unlikely to be under pressure in the long term and that strong profitability growth and better valuation were expected to re-stimulate demand, in particular by semiconductor companies. In the report, a team led by Mislav Matejka noted that semiconductor stocks had been disconnected from the improved profitability prospects. The report states that substantial supply growth will not take place until 2028, so it is too early to reflect the half-conductor price cut in the market. According to the report, the basics may remain constructive. The relatively strong and weak indicators of these chips are rapidly approaching oversale areas, and strategists have suggested that if capital expenditures by super-large data centre operators are expected to remain strong, investors should “reenter the block in the summer”。

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Spokesperson for the Ministry of Foreign Affairs of Iran: possible negotiations between Iran and the United States based on national interests

On 20 July, when asked whether the door to negotiations with the United States had been closed, the spokesman for the Iranian Ministry of Foreign Affairs, Baghae, stated on Monday that Iran was advancing war and diplomacy on the basis of its national interests. “We are not at the dichotomy between war and diplomacy. Diplomacy is an instrument for our national interests, like war.” Kim Xian

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According to the information received, Hong Kong police are considering extending the time of the stock exchange and cancelling the lunch break

ON 20 JULY, INFORMED SOURCES REVEALED THAT THE HONG KONG EXCHANGE WAS CONSIDERING EXTENDING THE PERIOD OF STOCK EXCHANGE TO CONNECT WITH MOST GLOBAL MARKETS. IN RECENT WEEKS, THE HONG KONG EXCHANGE HAS COMMUNICATED ITS PLANS TO A NUMBER OF LARGE ISSUERS AND DEALERS. ACCORDING TO THE SOURCE, ONE OF THE OPTIONS PROPOSED THAT THE STOCK EXCHANGE BE OPENED 30 MINUTES AHEAD OF 9 A.M. AND THAT THE LUNCH BREAK, WHICH WOULD LAST ONE HOUR FROM 12 NOON, BE CANCELLED. ACCORDING TO THE SOURCE, THE HONG KONG POLICE OFFICE IS ALSO WORKING TO CREATE ADDITIONAL HOURS OF NIGHT-TIME TRADING TO CONNECT THE UNITED STATES MARKET WITH THE EARLY-ROLLING, WHICH MAY BE SCHEDULED FROM 8 P.M. TO 12 NOON. HOWEVER, THERE ARE PLANS TO MAINTAIN THE CLOSING AT 4 P.M. TO COMPLETE THE LIQUIDATION AND SETTLEMENT WORK. IF THE HOURS OF LATE-NIGHT TRADING WERE INTRODUCED, THE INITIAL PERIOD WOULD COVER ONLY A SMALL NUMBER OF ACTIVE BULK HOLDINGS. ACCORDING TO OTHER SOURCES, HKC WISHES TO USE THIS TO INCREASE THE VOLUME OF TRANSACTIONS OF HONG KONG-LISTED COMPANIES THAT ALSO ISSUE UNITED STATES DEPOSITORY CERTIFICATES (ADRS) IN THE UNITED STATES. KIM XIAN

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THE CVM: TAKE STEPS TO DIRECT MEDIUM- AND LONG-TERM FUNDS TO THE MARKET, AND REGULATE THE DEVELOPMENT OF QUANTITATIVE TRANSACTIONS AND AI APPLICATIONS

ON THE MORNING OF 20 JULY, U QING, SECRETARY-GENERAL OF THE CVC AND CHAIRMAN OF THE CVC, TRAVELLED TO BEIJING TO STUDY AND HOST AN INVESTOR ' S COLLOQUIUM IN BEIJING, WHERE HE MET FACE-TO-FACE WITH EIGHT REPRESENTATIVES OF VARIOUS CATEGORIES OF INVESTORS, INCLUDING LARGE, MEDIUM AND SMALL, TO HEAR SUGGESTIONS FOR THE PROMOTION OF STABLE AND HEALTHY DEVELOPMENT OF CAPITAL MARKETS. AT THE MEETING, INVESTORS ' REPRESENTATIVES MADE PRESENTATIONS IN THE CONTEXT OF INVESTMENT AND PARTICIPATION IN STOCK MARKETS. IT WAS STATED THAT, SINCE THE IMPLEMENTATION OF THE NEW “N9” ARTICLE, OUR CAPITAL MARKET HAS GENERALLY SHOWN A STEADY AND POSITIVE DEVELOPMENT. IN THE RECENT PAST, THE A SHARE MARKET HAS EXPERIENCED SIGNIFICANT VOLATILITY AS A RESULT OF A COMBINATION OF FACTORS SUCH AS EXTERNAL INPUT RISK, BUT THE LOGIC OF CAPITAL MARKET POLICY, INNOVATION AND SECURITY HAS NOT CHANGED SINCE 9-26, AND SHORT-TERM FLUCTUATIONS HAVE NOT CHANGED THE LONG-TERM POSITIVE TREND. IT IS RECOMMENDED THAT COUNTERCYCLICAL REGULATION OF THE SECOND-TIER MARKET BE STRENGTHENED, THAT BOTH MEDIUM- AND LONG-TERM FINANCING BE CHANNELLED TO THE MARKET, THAT QUANTITATIVE TRANSACTIONS AND AI APPLICATIONS BE STANDARDIZED AND THAT LISTED COMPANIES BE FURTHER PROMOTED, THAT THE COST OF SECURITIES OFFENCES BE INCREASED AND THAT ALL EFFORTS BE MADE TO PROMOTE HIGH-QUALITY CAPITAL MARKET DEVELOPMENT. WU QING INDICATED THAT A LARGE NUMBER OF INVESTORS WERE MARKET-DRIVEN AND THE MOST IMPORTANT PARTICIPANTS IN CAPITAL MARKETS. THE CSRM WILL CONTINUE TO PROMOTE RISK PREVENTION, STRONG REGULATION AND HIGH-QUALITY DEVELOPMENT IN CAPITAL MARKETS AS ONE AND THE SAME. IT WILL DO ITS UTMOST TO MAINTAIN THE SMOOTH FUNCTIONING OF MARKETS. IT WILL FOCUS ON IMPROVING THE TRANSPARENCY AND AUTHENTICITY OF LISTED COMPANIES AND BETTER RETURNS TO INVESTORS. IT WILL URGE INDUSTRY INSTITUTIONS TO REGULATE THEIR OPERATIONS AND UPGRADE INVESTOR SERVICES. IT WILL CONTINUE TO DEVELOP LONG-LASTING MECHANISMS FOR INVESTOR PROTECTION. IT WILL BE DETERMINED TO MAINTAIN AN OPEN, FAIR AND JUST MARKET ORDER THAT ALLOWS INVESTORS TO BETTER SHARE IN HIGH-QUALITY DEVELOPMENT GAINS FROM ECONOMIC AND CAPITAL MARKETS. THE RELEVANT DEPARTMENTS OF THE CVM AND THE BEIJING CVM ARE PRIMARILY RESPONSIBLE FOR THE PARTICIPATION OF GAYS。

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Since June 2025, Tarbert Heath, President of Circle, has accumulated a reduction of approximately $30.8 million in CRCL shares through 10 transactions

On 20 July, according to The Block: According to the United States Securities and Exchange Commission (SEC) disclosure documents, Tarbert Heath, President of Circle, accumulated a reduction of approximately $30.8 million in CRCL shares through 10 transactions since June 2025. As of early July, it still held some $30 million worth of Circe stock. CRCL stock prices fell by 72 per cent over the past year, from $216 to $60.46。

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IRS recommended that the Code of Criminal Procedure be amended to regulate encrypted assets Button Bet

according to digital asset, in his paper, investigators from the korean state tax office recommended that the code of criminal procedure be amended to establish special rules for the seizure of encrypted assets in trust. the paper proposed that the seizure order should specify the type, quantity, address, receiving address, manner of transfer and custody of the assets and recommended that the assets concerned be transferred to an address jointly managed by the court, the right-holder or the person detained and the investigative authority, and not controlled by a single investigative authority. if there is a risk of a transfer of assets and it is temporarily impossible to move to a common management address, it may be transferred to a temporary address pre-designated by the court。

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BIT Official: $60,000-$65,000 in support area, with the bitcoin rebound expected to continue

On 20 July, BIT Official released a daily graph and graph analysis stating that although the market space continues to be empty and the delivery remains low, the self-researched "Glory and Fear Index" continues to improve, further confirming the positive market outlook presented in the latest weekly report. In historical terms, the price of bitcoin tends to rise whenever the 21-day moving average line of the index turns upward, and this signal tends to correspond to the critical stage bottom. The steady performance of the supporting districts of $60,000-$65,000, combined with the continued improvement in market sentiment, suggests that the Bitcoin round is still expected to continue。

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RoboSense and Origen strategic cooperation

On 20 July 2026, Robo Sense (02498.HK) entered into a strategic partnership with the United Arab Emirates ' Ai Native Technology Corporation, Origen, during the World Congress of Artificial Intelligence (WAIC). This cooperation will take full advantage of RoboSense ' s leading position in three-dimensional sensory technology, scale-based mass production and market performance, in conjunction with Origen ' s deep accumulation of industrial resources in the Middle East region, and in a long-term, multi-level strategic synergy to promote the ecological development of intelligence and space intelligence, and to accelerate the fall of the AI system that integrates robots, sensors and automated platforms in the real physical world。

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PUMBAA: THE SOUTH KOREAN STOCK IS ALMOST TWO YEARS HIGH, BECOMING THE GLOBAL AI INVESTMENT MOOD

ACCORDING TO BLOOMBERG, AS THE SOUTH KOREAN STOCK MARKET CONTINUES TO GROW MORE DYNAMICALLY WITH THE US SCIENCE AND TECHNOLOGY UNIT, THE GLOBAL FUND MANAGER IS VIEWING THE SOUTH KOREAN MARKET AS A LEADING INDICATOR OF AI'S INVESTMENT SENTIMENT, AND IT HAS BECOME A NEW PATTERN IN THE INDUSTRY TO FOCUS ON THE DEVELOPMENTS OF THE KOREA SCIENCE AND TECHNOLOGY UNIT, SUCH AS SAMSUNG ELECTRONICS AND SK HERCULES, BEFORE THE LAUNCH. THE 60-DAY COEFFICIENT OF THE KOREA CONSOLIDATED EQUITY INDEX (KOSPI) WITH THE NASDAQ 100 INDEX HAS RISEN TO 0.46, WHICH IS CLOSE TO ITS HIGHEST LEVEL IN THE LAST TWO YEARS AND IS ABOUT THREE TIMES THE AVERAGE OF 0.16 OVER THE PAST FIVE YEARS. IN PARTICULAR, DURING THE DOWNTURN IN THE MARKET, THE SENSITIVITY OF NASDAQ TO THE NORTH KOREAN STOCK MOVEMENT INCREASED SIGNIFICANTLY, WITH THE RELATED INDICATORS RISING TO THEIR HIGHEST LEVEL SINCE 1990 ON 7 JANUARY。

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The Korean stock market's coefficient related to the NASDAQ 100 index rose to almost two years high

ACCORDING TO BLOOMBERG, THE 60-DAY COEFFICIENT OF THE KOREA CONSOLIDATED EQUITY INDEX (KOSPI) TO THE NASDAQ 100 INDEX ROSE TO 0.46, WHICH IS CLOSE TO ITS HIGHEST LEVEL IN THE LAST TWO YEARS AND IS ABOUT THREE TIMES THE AVERAGE OF 0.16 OVER THE PAST FIVE YEARS. THE GLOBAL FUND MANAGER VIEWS THE KOREAN MARKET AS AN INDICATOR OF AI ' S INVESTMENT SENTIMENT, FOCUSING ON DEVELOPMENTS IN KOREA ' S TECHNOLOGY UNITS, SUCH AS SAMSUNG ELECTRONICS AND SK HERCULES, PRIOR TO THE LAUNCH. ON 7 THIS MONTH, NASDAQ'S SENSITIVITY TO DEVELOPMENTS IN THE KOREAN STOCK MARKET ROSE TO ITS HIGHEST LEVEL SINCE 1990。

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