Odaily Planet Daily News Goldman Sachs stated that if the recovery of Gulf exports remains stalled and delays a rebound in production, Brent crude oil prices could exceed $110 per barrel in the fourth quarter of 2026. (Jinshi)

Odaily Planet Daily News: Bitget has launched a VIP-exclusive BTC wealth management product, with the campaign running until July 19, 18:00 (UTC+8). This event is open to VIP users who participated in ARX PoolX between July 7, 18:00 and July 14, 18:00 (UTC+8). Eligible users who subscribe to the BTC flexible Simple Earn product can enjoy up to 2.5% APR.

Odaily报道 Futu Holdings has been hit with a securities class action lawsuit in the United States after a shareholder recently filed a securities class action complaint in the U.S. District Court for the Southern District of New York. The lawsuit accuses Futu Holdings, its founder, Chairman, and CEO Leaf Hua Li, and CFO Yu Chen of violating the anti-fraud and control person liability provisions of the U.S. Securities Exchange Act of 1934.

Previously, market makers Susquehanna International Group and Citadel Securities had already sued options insider traders related to Futu Holdings and UP Fintech (Tiger Brokers). It is reported that Leaf Hua Li comes from the Tencent system and was the 18th founding employee of Tencent. He was an early participant in the development of Tencent QQ, the founder of Tencent Video, and also served as the head of Tencent's multimedia business and innovation center.

Odaily Odaily Planet Daily News South Korea has shelved a plan to establish an independent sovereign wealth fund, which was originally intended to emulate the models of Singapore's Temasek Holdings and Australia's Future Fund. Instead, South Korea will set up a strategic investment account within the Korea Investment Corporation (KIC). The Ministry of Economy and Finance stated that the account will invest in domestic and foreign areas crucial to national competitiveness and economic security. Investment targets will cover strategic industries such as nuclear energy and aerospace, core areas including finance and infrastructure, and overseas supply chains. (Jin Shi)

Odaily Planet Daily News On-chain analyst Ai Yi posted on platform X, stating that on the Hyperliquid order book, someone has placed a buy order for 6.824 million US dollars worth of ChangXin Memory Technologies (CXMT) at a price of 6 US dollars; if calculated at the current price of 6 US dollars, the market value of ChangXin Memory Technologies would be approximately 2.72 trillion yuan, with a total of 66.88 billion shares, surpassing the current market value leader Industrial and Commercial Bank of China (ICBC), which stands at 2.66 trillion yuan.

Odaily Planet Daily reports: The U.S. Central Command has announced the completion of a new round of strikes against Iran, hitting dozens of military targets near the Strait of Hormuz and along Iran's coastline. (Jin Shi)

Odaily, Citrini analyst jukan posted on X platform, stating that Samsung Electronics has reportedly begun an internal evaluation of a plan to issue American Depositary Receipts (ADRs) in the United States and is studying the relevant operational procedures. Although Samsung Electronics has officially denied considering a US listing through an ADR issuance, staff-level employees have begun assessing potential costs, benefits, and necessary procedures under the direction of senior management.

Sources from the semiconductor industry said that relevant departments at Samsung Electronics are studying whether a viable US ADR issuance structure can be established. Teams such as finance and investor relations are identifying their respective tasks and processes should the US listing move forward. This evaluation is considered a preliminary feasibility study and does not indicate that Samsung Electronics has decided to list or determined the timing and scale of the issuance.

Samsung Electronics employees have also reportedly requested information on the preparation process and practical experience from SK Hynix, which recently issued ADRs and listed on the Nasdaq. Bloomberg reported on July 14 that Samsung Electronics had held preliminary discussions with investment banks regarding a potential US listing via ADRs, but no specific decisions have been made regarding underwriters or the issuance structure, and ultimately, a listing may not occur. Following the report, Samsung Electronics stated that the company has not considered listing on the US stock market through an ADR issuance. SK Hynix issued ADRs on July 10 at $149 per share, raising approximately $26.5 billion, or about 40 trillion Korean Won, making it the second-largest listing in the history of the US stock market, trailing only SpaceX, which raised $85.7 billion through its initial public offering last month. It also represents the largest listing by a foreign company in the United States.

Odaily reported that the Korea Financial Investment Association stated that CEOs of 10 major asset management companies in the country discussed investor protection measures for single-stock leveraged ETFs, including raising the minimum deposit requirements and diversifying rebalancing trading times. According to a statement released by the association, participants agreed on the necessity of increasing the minimum deposit requirement for investing in such leveraged products from the current level of 10 million won ($6,714).

To reduce the market impact of daily rebalancing trades, which are concentrated near the market close, the asset management companies indicated that efforts are needed to spread rebalancing activities across different times of the trading day. They also noted the need to strengthen the role of liquidity providers as market stabilizers.

The Korea Financial Investment Association, citing data from the Korea Capital Market Institute, estimated that the daily stock trading volume required for rebalancing since the launch of these related leveraged ETFs is approximately between 700 billion and 2.1 trillion won. (Sina Finance)

PPP Prediction Market Tool monitoring shows that in the prediction event "World Cup Semi-Final: England vs. Argentina", the probability of England winning is currently reported at 35%; the probability of a draw is at 33%; and the probability of Argentina winning is at 32%. This market only reflects the match result within the first 90 minutes of regular play (including injury time).

At 3:00 AM Beijing Time tomorrow, England will face Argentina in the World Cup semi-final. The England-Argentina rivalry has never lacked intensity in World Cup history, from Maradona's "Hand of God" to Beckham's red card, penalty shootouts, and other classic moments. Every time these two teams meet in the knockout stages, the game carries an emotional weight. Now, as they meet again on the semi-final stage, this match is not just about a spot in the final, but a continuation of an old World Cup grudge.

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PPP Prediction Market Tool monitoring shows that on predict.fun, the probability of “Messi winning the 2026 World Cup Golden Boot” has risen to 59%, overtaking Mbappé to take the top spot, a 24-hour increase of 25%; Mbappé’s probability of winning the Golden Boot has dropped to 32%, a 24-hour decline of 24%; Kane is currently third with a 9% probability.

Early this morning, France lost 2-0 to Spain and was eliminated. As of now, Mbappé and Messi lead the scoring charts with 8 goals each, Haaland’s goal tally has stalled at 7, effectively ending his Golden Boot challenge, while England’s Harry Kane and Jude Bellingham have each scored 6 goals and are mounting their own bids for the Golden Boot.

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Odaily reports that Interactive Brokers has added 9 new cryptocurrency trading pairs and now supports users withdrawing stablecoins to external wallets via USDC, PYUSD, and RLUSD. (Cointelegraph)

According to HyperInsight monitoring, Hyperliquid trader yixie has reduced their long position in SKHX by 1,009.59 tokens, valued at approximately $1.4217 million. After the reduction, yixie's total SKHX position has decreased to around $10.0025 million, with an average entry price of $1,461.82. The current SKHX price stands at approximately $1,423.30, resulting in an unrealized loss of about $270,700 (-5.87%) on this position, with a liquidation price of $807.49.

Odaily Planet Daily News: Circle co-founder Jeremy Allaire announced on X that Circle has partnered with Grupo BIND, a major Argentine financial infrastructure and banking platform, to offer USDC services to institutional clients in Argentina. This collaboration will drive the development of USDC/ARS liquidity in the Argentine market.