Institutions: Pressure on the Federal Reserve to raise interest rates is growing, while inflation levels remain significantly above the target.

South Korea's financial regulators today decided that if overheating in single-stock leverage products fails to subside, additional regulatory measures including individual investment caps will be introduced. A key proposal under review is to limit individual stock leverage investments to no more than 20% of total financial investment portfolio value. Rhee Ee-won, chairman of South Korea's Financial Services Commission (FSC), said at a forum today that the policy effects of supplementary measures such as strengthened initial margin requirements—set to take effect on July 31—will be closely monitored as a priority. Rhee also noted that if demand does not cool sufficiently, additional measures will be researched and prepared in advance. It is understood that the proposal under development implements aggregate management rules, capping individual stock leverage exposure at 20% of an individual’s total financial investment. For example, if an individual’s total financial investment is 100 million won, they can allocate a maximum of 20 million won to a single-stock leverage product.

According to Bitget market data, Asia-Pacific stock markets suffered a broad sell-off. Following sharp declines in Japanese and South Korean equities, the A-share Shanghai Composite Index fell below the 3,800-point threshold in late trading, currently down 1.54%; the STAR 50 Index dropped over 7%, the ChiNext Index fell more than 7.5%, and the Shenzhen Component Index declined 4.65%. C Changxin recorded over 40 billion yuan in trading volume in the afternoon session, currently down 4% at 47 yuan per share.

Yesterday, 230,862 new accounts were created on #Tron, up 42.87% and marking the highest daily total in the past month.

According to Reuters, Gulf sources revealed that Oman has put forward a proposal to Iran aimed at establishing a mechanism for the joint management of the Strait of Hormuz by regional countries, adopting a voluntary toll model to fund initiatives including navigation management, environmental protection, and search and rescue operations. Sources noted that under the proposal, Iran would not hold sole control over the Strait of Hormuz. The plan draws on the management model of the Strait of Malacca, allowing relevant parties using the strait to voluntarily contribute funds for maintaining channel safety and related services. To date, Oman’s proposal has secured regional backing.

According to Bitget market data, South Korea's KOSPI index closed down 732.12 points, or 10.84%, at 6023.63 points. It fell more than 11% intraday to below 6000 points and has shed nearly 30% this month. SK Hynix dropped over 14%, while Samsung Electronics fell more than 13%. Japan's Nikkei 225 index closed down 2566.27 points, a 3.95% decline, at 62364.92 points. Japanese chipmaker Kioxia plummeted more than 18%.

According to South Korea’s JoongAng Ilbo, South Korea’s financial regulatory authorities today decided that if overheating in single-stock leverage product investments fails to abate, additional regulatory measures including individual investment caps will be implemented. The authorities are currently focusing on studying a plan to limit individual stock leverage investments to within 20% of total financial investment holdings. Today, Financial Services Commission Chairman Lee Eog-yun stated at a forum that they will first closely monitor the policy effects of supplementary measures such as enhanced margin requirements that took effect on July 31. Lee added that if demand does not sufficiently cool, additional measures will be researched and prepared in advance. It is understood that the plan under study involves setting aggregate management rules, capping the share of individual stock leverage in total financial investment holdings at 20%. For instance, if an investor’s total financial investment holdings amount to 100 million won, they can allocate a maximum of 20 million won to single-stock leverage products.