Planet Daily Noon News

1. South Korea's stock market faces a "brutal July": 1.2 million people hit margin call thresholds, over 300,000 accounts liquidated, with one in every 30 adults experiencing liquidation;散户保证金 in the last half month evaporated nearly 30 trillion won.

2. Robinhood Chain developer activity rises to second place among public chains, trailing only Ethereum.

3. TD Cowen raises its target price for TSMC from $400 to $440.

4. South Korea's Financial Supervisory Service will track brokerages' margin trading and securities lending to prevent further losses to retail investors.

5. SK Group Chairman Chey Tae-won responds to recent stock price declines: Long-term price increases will be supported by demand for memory chips.

6. The Southern Two-times Long SK Hynix product's market cap has evaporated over 80 billion Hong Kong dollars in a month, retreating nearly 75% from its June highs.

7. Australia will abolish the 50% capital gains tax discount for cryptocurrencies starting July 2027.

8. Spot silver falls below $55, hitting a near 8-month low.