Search results for Hong Kong Stock Exchange
Crypto
Asset managers roll out digital-asset ETFs overseas. What about South Korea?
South Korean asset managers are launching exchange-traded funds overseas that highlight stablecoins, tokenisation and bitcoin, while the domestic market has yet to list spot digital-asset ETFs or products branded around such themes. In South Korea, exposure is mainly gained by including related companies in existing overseas equity ETFs. Firms are also expanding digital-asset initiatives, including tokenising ETF products and building blockchain partnerships, as they prepare for possible regulatory changes.
Finance
Financial regulators weigh single-stock leverage ETFs ahead of presidential briefing
South Korea\'s financial authorities are accelerating work on measures for single-stock leveraged exchange-traded funds ahead of a presidential briefing on July 15, but are struggling to find a clear solution. The Financial Services Commission, Financial Supervisory Service and Bank of Korea held a working-level meeting to discuss market impact and possible fixes. Market participants expect details after upcoming policy meetings. Strong steps such as delisting are seen as impractical.
Industry
China memory module maker Longsys forecasts up to 744-fold jump in H1 net profit on AI memory tailwinds
Chinese memory module maker Longsys forecasts first-half net profit attributable to shareholders of 9.2 billion to 11.0 billion yuan, up about 622 to 744 times from a year earlier. It also expects revenue to rise to 22.0 billion to 25.0 billion yuan from 10.2 billion yuan. The company cited a recovery in memory demand and limited supply expansion, and said it renewed long-term supply deals to stabilise its supply chain.
