News

SK Hynix: Investors expressed interest in buying up to $7 billion in American depositary shares.

SK Hynix expects net proceeds from the U.S. IPO to be approximately US$28 billion.

The F-1 filing shows that SK Hynix issued 17.79 million ordinary shares and 7.9 million American depositary shares.

Shares of German shipping giant Hapag-Lloyd fell 3.2%.

Deutsche Bank: Upgraded the European consumer goods industry rating to overweight.

Deutsche Bank: upgraded the European real estate industry rating to overweight.

Citi added Qualcomm (QCOM.O) to its 30-day downside catalyst watch list.

Kremlin: Russian President Vladimir Putin and US President Trump may contact each other in the near future.

Kremlin: The dialogue between Russian President Vladimir Putin and US President Trump is a good opportunity to directly convey Russia’s position to the US leader.

The Kremlin says U.S. President Donald Trump's stance on Ukraine is fairly consistent.

According to "USA Today": Cuban security official and political adviser Rodriguez Castro said that I can negotiate with anyone designated by the United States.

According to "USA Today": Cuban security official and political consultant Rodriguez Castro said he is willing to talk to Trump.

The European Stability Mechanism warned that the risk of a sell-off in U.S. assets was the euro zone's main vulnerability.

The annual PPI rate in the Eurozone in May was 5.9%, which was expected to be 5.7%. The previous value was revised from 4.90% to 5%.

The monthly PPI rate in the Eurozone was 0.2% in May, which was expected to be 0.2%. The previous value was revised from 0.60% to 0.7%.

The annual rate of retail sales in the Eurozone in May was 1.6%, which was expected to be 1.60%. The previous value was revised from 1.00% to 0.9%.

The monthly retail sales rate in the Eurozone in May was 0.2%, which was expected to be 0.30%. The previous value was revised from -0.40% to -0.3%.

The Securities and Exchange Board of India (SEBI) plans to make short selling easier for investors by almost doubling the number of stocks that can be borrowed, sources said. The Securities and Exchange Board of India (SEBI) also plans to reduce collateral requirements for borrowing shares.

OPEC+ announced an increase in production in August of 188,000 barrels per day, and continued the voluntary production reduction of about 800,000 barrels per day from April to July, with an overall release of nearly 1 million barrels per day. However, the essence of this change is still a phased recovery of previous production cuts, rather than a supply expansion cycle. From a structural point of view, this scale accounts for less than 1% of the global supply of about 100 million barrels per day, and the impact is mainly marginal. More importantly, OPEC+ is still in a net production reduction framework as a whole, and the current adjustment is only to reduce the intensity of supply constraints. As for oil prices, on the one hand, rising supply certainty suppresses risk premiums; On the other hand, actual exports are still disturbed by geopolitical factors, making it difficult to fully convert paper increments into real flows. Therefore, oil prices are more reflected in an interval operating structure with a pressure on the upper limit.

The Eurozone's May PPI and retail sales monthly rates will be released in ten minutes.