EUR/USD
1.16110
-0.012%
Gold
4420.38
0.319%
Oil
89.871
1.650%
USD/JPY
158.473
0.022%
GBP/USD
1.34349
-0.022%
GBP/JPY
212.911
0.063%
Real-time News
S&P Global Ratings: Asian energy importers with lower credit ratings have fewer options.On March 24th, according to the Korea Economic Daily, as AI companies are ramping up production capacity to meet the demand for AI memory chips, SK Hynix is planning to raise 10 trillion to 15 trillion won (approximately US$10 billion) through a US listing. SK Hynix plans to issue new shares for trading in American Depositary Receipts (ADRs). The potential proceeds will be used to build AI infrastructure, such as a semiconductor cluster in Yongin, South Korea, and to expand memory product production capacity. An SK Hynix spokesperson responded to the report, stating, "Various measures aimed at enhancing shareholder value, including American Depositary Receipts (ADRs), are currently under review. However, no final decision has been made yet."The Hang Seng Tech Index rose more than 2% in the afternoon, while the Hang Seng Index rose 2.4%, with stocks in sectors such as optical communication, precious metals, new consumption concepts, and biopharmaceuticals leading the gains.On March 24th, according to Qichacha APP, Beijing Zitiao Network Technology Co., Ltd. recently applied to register multiple "SEEDANCE" trademarks, covering international classifications such as convenience foods, medical horticulture, and chemical raw materials. All trademarks are currently in the registration application process. Public information shows that Seedance 2.0 is an AI video generation model launched by ByteDance, capable of creating cinematic-quality videos based on text or images. In February of this year, it began small-scale testing and was launched on the Jimeng platform.On March 24th, asset management firm Neuberger Berman stated that European interest rates present two-way risks, and this asymmetry should be reflected in prices. The rise in global government bond yields, while influenced by central bank expected repricing, is also likely due to the need for central banks and financial institutions to raise funds due to rising oil prices. Even without traditional safe-haven demand, US Treasuries reflect a clearer easing path from the Federal Reserve than the European Central Bank.
