The South Korean stock market has been so turbulent in recent days that expectations for future swings pale in comparison. The Kospi 200 Index’s implied volatility — a gauge of option prices — has surged with the market selloff, but it’s now looking low relative to the actual moves of late. In fact, the spread between implied and realized volatility has reached its lowest level since August 2024, ...
The South Korean stock market has been so turbulent in recent days that expectations for future swings pale in comparison. The Kospi 200 Index’s implied volatility — a gauge of option prices — has surged with the market selloff, but it’s now looking low relative to the actual moves of late. In fact, the spread between implied and realized volatility has reached its lowest level since August 2024, indicating that hedging against future turmoil appears cheap. “In the Kospi 200 options market, participants appear to be pricing in the view that there are no significant risk factors in the second quarter beyond the global adverse events already reflected in the first quarter,” said Jun Gyun , a derivatives analyst at Samsung Securities Co. “Expectations are building that the volatility environment in the second quarter will stabilize.” This month has been wild for Korean stocks, with the benchmark Kospi index moving more than 5% in either direction on five of the past seven days. The Kospi 200 Volatility Index hit its highest level since November 2008 on March 4. That day, as shares sank the most ever, retail traders bought a record volume of bearish options, Societe Generale SA strategists wrote in a note. While the VKospi, which measures implied swings, has since slipped, realized volatility — calculated using market moves over the past 20 days — has kept rising. Now it’s hit the highest since the Global Financial Crisis. Despite a rebound in the past two days, the Kospi remains about 11% below the peak reached at the end of February. Yet the market remains a favorite with many investors given its high exposure to artificial-intelligence players. This week, BlackRock Inc. said it’s worth buying the dip in the nation’s winners from the sector, while JPMorgan Asset Management added exposure to the region’s AI hardware shares. “Realized volatility is bound to remain elevated for some time” after such big moves in recent weeks, Jun said.
兩會|奇瑞汽車董事長:有意在港設研發基地 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】全國人大代表奇瑞汽車董事長尹同躍認為,香港有空間發展自動駕駛技術,有意在香港設立研發基地。 尹同躍:「在混流方面,無人貨車、...
兩會|奇瑞汽車董事長:有意在港設研發基地 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】全國人大代表奇瑞汽車董事長尹同躍認為,香港有空間發展自動駕駛技術,有意在香港設立研發基地。 尹同躍:「在混流方面,無人貨車、無人的士方面,可以做一部份先行先試。香港本身有技術很強的大學,我們在香港也設了很多研發,也希望能夠把右舵這些研發基地、試驗基地放在香港,然後面向世界。」
外交部反對美啟動301調查 斥產能過剩屬偽命題 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】在北京,外交部反對美國以產能過剩為由啟動301條款調查,批評是政治操弄。 外交部發言人郭嘉昆:「中方在處理中美經貿問題...
外交部反對美啟動301調查 斥產能過剩屬偽命題 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】在北京,外交部反對美國以產能過剩為由啟動301條款調查,批評是政治操弄。 外交部發言人郭嘉昆:「中方在處理中美經貿問題上的立場是一貫、明確的,反對各種形式的單邊關稅措施。關稅戰、貿易戰不符合任何一方的利益,雙方應該在平等、尊重、互惠的基礎上,協商解決有關問題。所謂『產能過剩』是一個偽命題,中方反對以此為借口進行政治操弄。」
War in the Middle East is causing concern for the people behind Saudi Arabia’s plans to invest $38 billion to become a global video-game hub. “It’s obviously not helpful for the region to have this escalation and it will change probably or cool the perception of it as being a stable and quiet place where people want to go,” Savvy Games Group Chief Executive Officer Brian Ward said in an interview ...
War in the Middle East is causing concern for the people behind Saudi Arabia’s plans to invest $38 billion to become a global video-game hub. “It’s obviously not helpful for the region to have this escalation and it will change probably or cool the perception of it as being a stable and quiet place where people want to go,” Savvy Games Group Chief Executive Officer Brian Ward said in an interview at the Game Developers Conference in San Francisco Wednesday. Longer term, Ward believes the region will still be a destination for consumers and investors, when the fighting is done. “Hopefully it will be short lived and we’ll get back to business,” he said. Savvy, a division of the Saudi Public Investment Fund , is aggressively investing in infrastructure to attract the world’s 3.6 billion gamers to the country for competitive esports and other events. Those plans include a gaming district within Qiddiya City, an entertainment destination being constructed near Riyadh, where Savvy is based. Dubbed “the first city built for play,” Qiddiya features amusement parks, golf courses and studios for creative work. It also includes arenas for video-game competitions. Read More: Saudi Arabia Bets $32 Billion On Fun The tourism initiative has seen some success, with three million visitors across the Esports World Cup’s seven-week run in 2025. Recent attacks on Saudi Arabia by Iran are impacting business leaders’ faith in the country’s goal to grow into a cultural center for video games, sports and entertainment — a multi-pronged plan to diversify away from oil dubbed Vision 2030 . Savvy has invested more than $13 billion so far, including $2 billion in esports infrastructure. The company has plans to grow domestic video game studios and attract international talent. One of Savvy’s goals is “to try and encourage foreign investment” in the Saudi games industry and “to get big companies to move there, bring leadership and create jobs,” according to Ward. Savvy’s Steer Studios, based in...
Rosenblatt raised the firm's price target on Palantir to $200 from $150 and keeps a Buy rating on the shares. The U.S. government has ordered a six-month phase out period for Anthropic's LLMs, which the firm thinks will leave "ample time" to switch over to one of the many other LLMs that are supported by Palantir, says the analyst, who thinks global instability and the need for comprehensive warti...
Rosenblatt raised the firm's price target on Palantir to $200 from $150 and keeps a Buy rating on the shares. The U.S. government has ordered a six-month phase out period for Anthropic's LLMs, which the firm thinks will leave "ample time" to switch over to one of the many other LLMs that are supported by Palantir, says the analyst, who thinks global instability and the need for comprehensive wartime solutions are likely to lead to deals like the U.S. army deal in July that rolled 75 contracts into just one with Palantir. Over time, the firm thinks the Middle East conflict is "likely to highlight the strength and leverage of Palantir's solution vs. just another LLM," the analyst added.
王岸然涉披露國安調查 申保釋被拒續還押候訊 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】前民陣成員、時事評論員王岸然被控妨害調查及煽動,法援署需處理他的法援申請,押後至下月28日再訊。 案件轉介至區域法院審理,...
王岸然涉披露國安調查 申保釋被拒續還押候訊 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】前民陣成員、時事評論員王岸然被控妨害調查及煽動,法援署需處理他的法援申請,押後至下月28日再訊。 案件轉介至區域法院審理,法官陳廣池表示法援署來信申請押後案件,處理王岸然法援的申請。王岸然自行陳詞,申請保釋被拒,須繼續還押。王岸然去年12月3日被捕,涉嫌網上披露與警方國安處會面內容,以及發布煽動影片。
At first glance, it is just a photograph of an empty room. But on mainland social media, it has become something else entirely: a virtual confessional. Beneath such posts, users anonymously unburden themselves to strangers, sharing the guilt, anxiety and struggles they cannot voice to family or friends. Traditionally, the confessional in Christianity is a space where believers admit their sins to ...
At first glance, it is just a photograph of an empty room. But on mainland social media, it has become something else entirely: a virtual confessional. Beneath such posts, users anonymously unburden themselves to strangers, sharing the guilt, anxiety and struggles they cannot voice to family or friends. Traditionally, the confessional in Christianity is a space where believers admit their sins to a priest and seek absolution. Advertisement Such so-called cyber confession rooms have recently surged in popularity, drawing more than 50 million views across mainland social platforms. The trend appears to date back to 2021, when an American influencer known as Niki began dressing as a nun during live-streams, inviting users to confess and then asking the audience to decide whether they belonged in heaven or hell. A young couple comfort each other in the traditional way. However, real hugs are being replaced by virtual sources of solace. Photo: Shutterstock Her trademark baffled expression was quickly turned into a meme and widely circulated on the Chinese internet.