Odaily Planet Daily News According to Gate data, Brent crude oil has fallen below $86 per barrel, the first time since July 20, down 7.71% intraday.

Odaily Planet Daily News  According to Weibo trending data, "Liang Wenfeng’s new share subscription in Changxin Technology generates a paper profit of 827 million yuan" has entered the Weibo trending list at No. 25, with a current popularity of 230,451.

Odaily Planet Daily News: According to Hyperinsight monitoring, the "Expects a Halving After Listing" whale is currently shorting 2.6 million shares of ChangXin Memory Technologies, with a position value of approximately $17.914 million and an average entry price of $6.40. Its unrealized loss is about $1.252 million, and together with accumulated funding fees of $281,000, the total book loss is approximately $1.533 million.

The whale is using 1x leverage, with a current return rate of -7.52% and a liquidation price of $17.75. It continues to maintain a low-leverage, long-term short position, resembling a so-called "wealth management" status.

This morning, before the official opening of ChangXin Memory Technologies' A-shares, the whale intensively created 300 "Reduce Only" buy orders, planning to take profits in batches within the $2 to $4.5 range. The total order quantity is about 2.6 million shares, nearly covering its entire position. During the order creation period, CXMT's price fluctuated between $6.53 and $6.58.

Hyperliquid data shows that when the A-share opening price was formed at 9:25, CXMT was reported at approximately $7.108; when continuous trading began at 9:30, CXMT's corresponding opening price was $7.123.

The weighted average price of the aforementioned take-profit orders is approximately $3.211, which is 54.9% lower than the 9:30 opening price. Among them, the highest take-profit level at $4.5 is 36.8% lower than the opening price, and the deepest level at $2 is 71.9% lower; 64.2% of the take-profit orders are placed below $3.561, meaning over 60% of the positions are waiting for CXMT to halve from its listing opening price before closing.

Odaily reported that on its debut day, CXMT (ChangXin Memory Technologies) became the "king of stocks" on the A-share market, also bringing substantial book-value appreciation gains for the five major state-owned banks that hold indirect stakes in the company. It is understood that the five major state-owned banks primarily participated in the investment in CXMT through their financial asset investment companies (AICs): Agricultural Bank of China (ABC) holds a direct stake of approximately 0.95% through its subsidiary ABC Financial Asset Investment Co., making it the largest investor among the banking AICs. China Construction Bank (CCB) holds a direct stake of approximately 0.83% through CCB Principal Asset Management, and also holds additional shares indirectly through CCB International and CCB Principal Leading Fund, bringing the total shareholding after consolidation to approximately 1.7%, the highest proportion among the five state-owned banks. Industrial and Commercial Bank of China (ICBC) holds a stake of approximately 0.64% through ICBC Financial Asset Investment Co.'s subsidiary ICBC Rongjin Investment. Bank of Communications (BoCom) holds a stake of approximately 0.38% through BoCom Financial Leasing. Bank of China (BoC) holds a stake of approximately 0.38% through BOC Asset Management.

Analysis suggests that banks will likely place their CXMT equity holdings under the FVTPL (Fair Value Through Profit or Loss) account. Assuming the last pre-IPO funding round price of 2.63 yuan per share as the base, the respective book values for the banks are CCB: 24.6 billion yuan, ABC: 1.5 billion yuan, ICBC: 1.01 billion yuan, BoC and BoCom: 0.6 billion yuan each, and China Merchants Bank: 0.46 billion yuan. In different scenarios simulating CXMT's total market capitalization ranging from 1 to 7 trillion yuan after listing, the equity appreciation portion is estimated to account for 0.3% to 10% of the six banks' 2025 revenues. (Caixin)

Odaily星球日報訊 富途控股(03588.HK)宣布韓股交易正式上線，中國香港地區和新加坡的合資格投資者，現可同步開啟韓股交易。該服務涵蓋韓國交易所（KRX）旗下 KOSPI 主板及 KOSDAQ 創業板超 2700 只股票，並提供韓國交易所盤前競價時段交易。(金十)

Odaily Planet Daily News On the eve of CXMT's IPO, attributable CXMT wallets on Hyperliquid show that wallets from the US, Hong Kong, and Mainland China are generally long, while wallets tagged as South Korean are the primary short sellers in this sample.

Among them, South Korean wallets hold approximately $760,000 in short positions, with the short position size being about 38 times that of long positions; wallets tagged as Taiwanese are also bearish, with a net short of approximately $329,000.

On the long side:

- US-tagged wallets hold $1.6 million in long positions and $345,000 in short positions, with a net long of approximately $1.255 million.

- Hong Kong-tagged wallets hold $1.3 million in long positions and $431,000 in short positions, with a net long of approximately $869,000.

- Mainland China-tagged wallets hold only $83,000 in long positions and $16,000 in short positions, with a net long of approximately $67,000.

Assuming the $760,000 short position in South Korean wallets was opened at a uniform price of $6.48 before the market opened, without any subsequent adjustments, and all using 1x leverage, the theoretical floating loss on the short position is approximately $48,500, with a loss rate of about 6.4%.

Odaily Planet Daily News According to MSX.COM data, U.S. memory concept stocks rose in pre-market trading. SK Hynix (SKHY.O) was up 6%, Micron Technology (MU.O) rose 3.6%, SanDisk (SNDK.O) gained 5%, and Seagate Technology (STX.O) increased 3.9%. NVIDIA (NVDA.O) was up 1% in pre-market trading, Intel (INTC.O) rose 3%, and Broadcom (AVGO.O) was up 2%.

Odaily Planet Daily News, Coinglass data shows that in the past 4 hours, total liquidations across the network reached $106 million, with short liquidations amounting to $79.3775 million and long liquidations reaching $26.46 million. In addition, ETH liquidations stood at $34.8523 million, while BTC liquidations reached $13.2865 million.

Odaily星球日報訊 被押解回國半年後，柬埔寨太子集團創始人陳志被批捕。據悉陳志已於 7 月 6 日被正式批准逮捕，與此前押解回國時相比，其涉嫌罪名減少了掩飾隱瞞犯罪所得罪，增加了侵犯著作權和故意傷害罪。陳志數年間打造了一個以「金貝園區」為核心的全球電信詐騙網絡，以公爵之位日進百萬金，身價數百億美元，僅被美國沒收的比特幣就價值 150 億美元（約合 1035 億人民幣）。據公安部今年 1 月通報，陳志犯罪集團涉嫌開設賭場、詐騙、非法經營、掩飾隱瞞犯罪所得等多項犯罪。（財新網）

Odaily星球日報訊 Meritz 證券分析師 Kim Sun-woo 表示，受一次性投資收益和半導體價格上漲的推動，SK 海力士有望公布創紀錄的第二季度業績。該分析師估計，SK 海力士 4 月至 6 月稅前利潤將超過 100 兆韓元，其中包括 6.01 兆韓元的營業利潤，以及透過美國私募股權公司貝恩資本持有日本鎧俠股份所獲得的 4.16 兆韓元投資收益。這項業績將超過公司第一季度創下的 5.88 兆韓元營業利潤紀錄。他補充說，第二季度 DRAM 和 NAND 存儲晶片價格分別上漲了 30% 和 49%。

此前消息，SK 海力士將於 2026 年 7 月 29 日（星期三）公布 2026 年第二季度業績財報。

Odaily Planet Daily News Affected by corporate bankruptcy risks, high interest rates, and macroeconomic uncertainties, fundraising for Asian private credit funds continues to cool down. PitchBook data shows that only 5 Asian private credit funds completed fundraising in the first half of this year, raising a total of $1.2 billion, the lowest level for the same period in at least 12 years; in 2025, 29 funds raised $9.5 billion during the same period. If the fundraising pace remains unchanged in the second half of the year, 2026 will become the quietest year for the Asian private credit market in at least 12 years.

Over the past year, the bankruptcy of multiple borrowing companies has led to large-scale redemptions by retail investors in private credit funds. However, some large institutions are still increasing their positions against the trend, hoping to capitalize on opportunities created by the withdrawal of retail funds. For example, Singapore's Temasek announced plans to increase its private credit allocation from 2% to 5% by 2031. (Financial Times)

Odaily星球日報訊 伊朗外交部發言人巴加埃表示，美國在戰爭爆發之初曾認為「伊朗會在三天內崩潰並投降，如今數月過去，美國陷入了當前的局面，卻還對其所犯下的罪行感到自豪。」巴加埃還表示，每當全球能源價格上漲時，美國都會重新回到談判桌。（金十）