South Korea's sluggish stock market has driven retail investors to shift to the US stock market, with net purchases exceeding 5 trillion won this month.

According to Bitget's market data, spot gold has fallen by 1% intraday, currently trading at $4035.68 per ounce.

According to market data from BIT (Bit.com), the intraday decline of Nasdaq 100 Index futures has widened to 1.1%.

Changxin Technology surged 465.82% on its first day of trading, drawing widespread market attention. Among related topics, "Lei Jun’s new share subscription in Changxin Technology generated 700 million yuan in floating profit" topped Weibo’s trending searches. According to Changxin Technology’s previously disclosed strategic placement list, Wuhan Yiba Yiling Enterprise Management Co., Ltd. was allocated 18.2448 million shares of Changxin Technology. At the issue price of 8.66 yuan per share, the company’s allocated capital amounted to approximately 158 million yuan; based on Changxin Technology’s closing price on its first trading day, the floating profit stood at around 736 million yuan. Public information shows that Wuhan Yiba Yiling Enterprise Management Co., Ltd. is a wholly-owned subsidiary of Xiaomi Technology, whose chairman is Lei Jun, leading the market to link the investment to Lei Jun. In response, Xu Jieyun, special assistant to Xiaomi Group’s chairman and deputy general manager of the Strategic Marketing Department, stated on July 28: "Friends, just take this as a fun anecdote, don’t take it seriously. Actually, it can’t be calculated that way. This is a corporate investment activity, and the specific subsidiary entity and personal wealth cannot be conflated. Also, I’d like to extend my best wishes to Changxin again."

Senior economist Anthony Willis of Tianli Investment said in a report that as U.S. inflation remains significantly above its target, and the economy and labor market stay resilient, pressure on Federal Reserve policymakers to tighten policy has risen. Willis stated, "However, until the impact of inflation becomes clearer, policymakers may be willing to temporarily overlook the recent surge in oil prices." Still, the broader trend is evident: Under the leadership of Fed Chair Powell, the Federal Reserve is taking a more hawkish stance. Markets are currently pricing in a 38% probability of a Fed rate hike this Wednesday, and have fully priced in the likelihood of a September rate hike. (Jinshi Data)

According to Bitget market data, spot silver has fallen below $57 per ounce, with an intraday decline of 2.41%.

According to Bitget market data, Southern 2x Long SK Hynix (07709.HK) has fallen by over 28%, while Southern 2x Long Samsung Electronics (07747.HK) has dropped by more than 25%.