Core Viewpoint - The article discusses the impact of recent political and economic turmoil, such as tariff increases and central bank policy shifts, on the volatility of stock, bond, and commodity markets [1][2]. Market Volatility - Following the announcement of a series of tariff policies by the Trump administration, global markets experienced significant turbulence, with nearly $6.6 trillion in market value evaporating from the U.S. stock market within two trading days. The S&P 500 index rebounded by 9.5% the following day, marking the largest single-day gain in over a decade [2]. - The volatility reflects deeper uncertainties regarding global trade policies, inflation, and central bank directions, leading to a reassessment of inflation risks and U.S. Federal Reserve policy paths, resulting in dramatic fluctuations in U.S. Treasury yields [2]. Cross-Asset Awareness - Isolated analysis of stocks is no longer sufficient; stock volatility is influenced by multiple asset classes, including commodity price fluctuations, currency volatility, interest rate expectations, and geopolitical risks [3][4]. - The divergence between U.S. and European stock markets exemplifies this, where the S&P 500 is buoyed by strong technology sector performance, while European indices are pressured by tariff concerns and energy price shocks [3]. Data Tools and Decision-Making - Investors must leverage advanced data tools like LSEG Workspace and StarMine to filter market noise and extract actionable insights, enabling them to make informed decisions in volatile markets [4][5]. - The ability to focus on critical information and utilize refined data-driven signals is increasingly valuable, as it helps identify potential opportunities during market dislocations [5]. Strategic Adjustments - Recognizing market dynamics is crucial, but the ability to act under pressure is equally important. Tariff policy adjustments can have complex ripple effects across industries and asset classes [6]. - Integrated decision-making environments, such as LSEG Workspace, allow investors to analyze and adjust strategies without switching systems, enhancing agility in responding to market changes [6]. Maintaining a Competitive Edge - Market volatility is expected to persist, and investors must build processes, utilize appropriate tools, and apply precise insights to turn market complexities into competitive advantages [7]. - The ultimate winners in this rapidly changing market will be those who can accurately determine where to allocate funds and seize the best timing for action [7].

Group 1 - The U.S. stock market has a complex trading mechanism that is crucial for market participants to understand for better engagement in trading [1] - Regular trading hours are from 9:30 AM to 4:00 PM Eastern Time, Monday to Friday, with high market participation and active trading volume [1] - Pre-market and after-hours trading provide additional opportunities for investors, especially those with specific information or analysis, although they may have lower liquidity and higher costs [1] Group 2 - The U.S. stock market does not have fixed trading unit limits, allowing investors to trade in whole shares or fractional shares, thus lowering the investment threshold [2] - Various order types exist in the U.S. stock market, including market orders, limit orders, and stop-loss orders, each serving different purposes and risk management strategies [2] - Market orders execute immediately at the best available price, while limit orders allow investors to set specific buy or sell prices, and stop-loss orders help minimize losses [2] Group 3 - The U.S. stock market operates on a T+2 settlement cycle, meaning that the settlement of funds and securities occurs on the second trading day after the transaction [3] - Brokers must complete the necessary clearing procedures with clearinghouses to ensure accurate transfer of funds and stocks between buyers and sellers [3]

香港本地股方面，长实集团涨0.16%，收报38港元；新鸿基地产涨1.94%，收报97.2港元；恒基地产 涨0.84%，收报28.94港元。 中资金融股方面，中国银行跌1.3%，收报4.54港元；建设银行跌0.5%，收报7.98港元；工商银行跌 0.16%，收报6.15港元；中国平安涨1.94%，收报57.9港元；中国人寿涨3.6%，收报23.62港元。 石油石化股方面，中国石油化工股份涨0.22%，收报4.48港元；中国石油股份涨0.13%，收报7.71港 元；中国海洋石油跌0.11%，收报18.99港元。 新华社香港8月14日电 香港恒生指数14日跌94.35点，跌幅0.37%，收报25519.32点。全日主板成交 2701.21亿港元。 国企指数跌21.12点，收报9128.93点，跌幅0.23%。恒生科技指数跌54.75点，收报5576.03点，跌幅 0.97%。 蓝筹股方面，腾讯控股涨0.68%，收报590港元；香港交易所跌0.14%，收报439.2港元；中国移动跌 0.45%，收报88.4港元；汇丰控股跌0.31%，收报100.4港元。 ...

Group 1 - Miami International Holdings (MIAX.US) announced its IPO pricing terms, issuing 15 million shares at $23 each, raising $345 million, which is above the expected range of $19 to $21 [1] - The fully diluted market capitalization of Miami International Holdings is $2.3 billion based on the current pricing [1] - MIAX common stock is set to begin trading on the New York Stock Exchange under the ticker "MIAX" on August 14 [1] Group 2 - Founded in 2007, Miami International Holdings operates four U.S. options exchanges and provides a diversified market ecosystem through proprietary trading technology [1] - The average daily trading volume for U.S. options on MIAX exchanges was 8.7 million contracts for the six-month period ending June 30, 2025, compared to 6.5 million contracts in the same period of 2024 [1] Group 3 - The IPO is underwritten by a consortium of banks including JPMorgan, Morgan Stanley, Piper Sandler, Keefe Bruyette Woods, Raymond James, William Blair, and Rosenblatt Securities [2]

Group 1 - The extension of the US-China tariff truce by 90 days has led to a bullish trend in Asian stock markets, including India, where corporate earnings are showing signs of recovery and retail investors are continuously injecting funds through mutual funds [1] - The domestic consumption market in India is showing optimistic performance, supported by low inflation, abundant monsoon rainfall, and a personal tax relief policy worth 1 trillion rupees, which collectively boost the consumer goods sector [1] - Motilal Oswal Financial Services predicts a 10% increase in earnings per share for Nifty 50 index constituents this fiscal year, significantly higher than the previous fiscal year's growth of only 1% [1] Group 2 - The domestic market has become a stabilizing factor for Indian pharmaceutical companies, with local sales showing resilience amid uncertainties in the US market due to tariffs [1] - In July, the sales of domestic pharmaceuticals in India grew by 7.9% year-on-year, marking the second-highest growth rate in six months [1] - Companies like Glenmark, Sun Pharma, Alkem, Torrent Pharma, and Dr. Reddy's have outperformed the market average, while Cipla and Lupin lag behind [2] Group 3 - The National Commodity and Derivatives Exchange (NCDEX) has received preliminary approval from market regulators to conduct stock derivatives trading, positioning itself as a competitor to major players like NSE and BSE [3] - Despite a market decline in July due to tariff concerns and weak corporate earnings, Indian retail investors injected a record 427 billion rupees (approximately 4.9 billion USD) into equity funds [3] - The contrasting trend of domestic investors becoming market stabilizers while foreign funds experienced a net outflow of about 3 billion USD highlights the growing importance of local investors in providing support during market downturns [3]

Core Viewpoint - The introduction of three new ETF options products marks an expansion of the ETF options market in China, enhancing the multi-tiered capital market product system [1] Group 1: New ETF Options Products - The newly listed products include the ChiNext ETF options, the CSI 500 ETF options, and the Shanghai Stock Exchange CSI 500 ETF options, indicating a further diversification of financial instruments available in the market [1] - The new products focus on innovative, growth-oriented, and small to mid-cap listed companies, enhancing the coverage of the Shenzhen Stock Exchange options product system from 42.77% to 59.69% [2] Group 2: Market Impact and Development - The launch of these ETF options is expected to invigorate the capital market, supporting stable and sustainable growth, and is aligned with the development seen in mature overseas markets [1][4] - The introduction of the ChiNext ETF options fills a gap in the Shenzhen market for hedging tools, promoting diverse investment strategies and improving pricing efficiency in the ChiNext market [4] Group 3: Performance Metrics - The management scale of the Jia Shi CSI 300 ETF has exceeded 18.1 billion, making it the largest broad-based ETF in the Shenzhen market, with a tracking error of only 0.03% [3] - The Jia Shi CSI 500 ETF, which is the largest ETF tracking the CSI 500 index, has shown strong index tracking capabilities with a year-to-date tracking error of 0.41% [3] Group 4: Future Outlook - The new ETF options are expected to complement existing products, enriching the multi-tiered capital market product system and attracting more long-term capital into the market [3][4] - The Shenzhen Stock Exchange aims to continuously optimize market construction under the guidance of the China Securities Regulatory Commission, enhancing its role in supporting high-quality economic development [4]

随着本地股市持续上行，MSCI新加坡指数在7月连续第3个月上涨。新交所称，这彰显了投资者对新加 坡上市企业韧性与增长潜力的信心。在利好政策与盈利预期的双重驱动下，机构投资者正加快布局，以 捕捉后市上涨空间。数据显示，新交所MSCI新加坡指数期货日均成交量环比增长16%，升至48137手， 月末未平仓合约规模更攀升至71亿美元的历史新高。 从数据来看，7月，新交所证券市场总成交额同比增长27%，升至338亿新元，创下近3个月新高；日均 交易量同比上升27%，达14.7亿新元。衍生品市场表现同样亮眼，当月总成交量同比增长25%，升至 2930万手；日均交易量（DAV）同比增长23%，升至约130万手。 7月，新交所证券市场亮点颇多。股市上市热潮不减，市场多板块成交量表现突出。 一方面，作为市场风向标的新加坡海峡时报指数（STI）在7月环比上涨5.3%，收于4173.77点，表现优 于东盟其他主要股市，并于7月24日以4273点的历史新高收盘。当月新加坡股票每日平均成交值环比增 长19%，各板块股票流动性均有所提升。 大宗商品总交易量同比上升76% 另一方面，中小型股票也表现优异。数据显示，中小型股票流动性环比激增 ...

（记者 曾健辉） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前核实。据此操作，风险自担。 每经讯，2025年8月7日，北交所上市公司阿为特（873693，收盘价：52.16元）登上龙虎榜，交易方式是连续竞价，披露原因是 当日换手率达到23.97%，成交数量877.62万股，成交金额4.54亿元。买一席位为机构专用，买入650.98万元；卖一席位为东方财 富证券股份有限公司拉萨团结路第一证券营业部，卖出633.68万元。 | | 2025-08-07阿为特（873693） 龙虎榜 | | | | --- | --- | --- | --- | | 序号 | 交易营业部名称 | 买入金额(元) | 卖出金额(元) | | ポリ | 机构专用 | 6509817 73 | 2465248.19 | | 买2 | 东方财富证券股份有限公司拉萨东环路第二证券营业部 | 4939058.11 | 3283972.77 | | नेटे3 | 东方财富证券股份有限公司拉萨团结路第一证券营业部 | 4570004.3 | 6336832.56 | | न्द्र 4 | 东方财富证券股份有限公司拉萨金融城南环路证 ...

格隆汇8月5日｜非洲最大证券交易所JSECEO莱拉·福里说，该交易所正在考虑引入24小时交易。"我们 正在研究这一途径，我们将与我们的市场合作，以确保我们提供适合南非市场的产品。"随着越来越多 的个人投资者通过智能手机进行交易，全球各交易所都在考虑扩大交易窗口。近几个月来，纽约证交 所、纳斯达克和芝加哥期权交易所已经申请延长交易时间，伦敦证交所也在考虑延长交易时间。 ...

8月1日，香港交易所发布公告称，委任晨壹基金管理合伙人及阿里巴巴集团前董事会主席张勇为香港交 易所旗下中国业务咨询委员会的最新成员。 在阿里巴巴的16年间，据阿里巴巴此前的内部评价，张勇创造了"双十一"这个家喻户晓的消费者狂欢 节；带领天猫快速发展推动了品牌企业互联网化；带领团队让阿里顺利跨越到无线时代；带领阿里巴巴 集团在多个领域布局。 2023年9月10日，张勇宣布退休，蔡崇信接替他成为董事会主席，吴泳铭则出任集团CEO。阿里对他的 功劳给予充分肯定，向其颁发了阿里史上第一个"功勋阿里人"荣誉称号，并称将投资10亿美金支持张勇 设立面向未来的科技基金。 图源网络 2024年3月，张勇担任晨壹基金的管理合伙人并供职至今。 香港交易所主席唐家成表示，很高兴张勇加入中国业务咨询委员会，他对于中国企业和金融市场都拥有 丰富经验及深刻的认识，可以为香港交易所董事会提供宝贵意见，帮助香港交易所发挥"连接中国与世 界"的独特优势，落实各项战略目标。 据悉，港交所中国业务咨询委员会成立于2021年，成员包括深谙中国市场的资深业界专家，担任香港交 易所董事会的顾问。张勇加入后，委员会成员将增至九名，香港交易所非执行董事及中 ...