Lookonchain APP

App Store

SK Hynix + Samsung’s combined stake exceeds 60%, Asia Pacific’s first pure KOSPI 200 ETF set to debut on HKEX

2 hours ago

June 17 — A new ETF from Southern Eastview is set to begin trading on June 18, according to latest product materials released by Hong Kong Exchanges (HKEX). Designated with the ticker code 03121, the ETF has a board lot size of 100 units, an entry fee of HK$780, and an annual management fee of 0.99%. Notably, it is the first ETF in the Asia-Pacific region to directly track South Korea’s benchmark KOSPI 200 index using an unleveraged passive investment strategy. On the portfolio front, SK Hynix and Samsung Electronics together account for roughly 62% of the fund’s holdings — a concentration far higher than that in U.S.-listed DRAM-related ETFs and the iShares MSCI Korea ETF (ticker: EWY). This gives the fund significant exposure to Korea’s dominant pair of storage semiconductor giants. The remaining holdings include other top Korean blue-chip stocks such as Samsung SDI, Hyundai Motor, and Doosan Heavy, covering key sectors of South Korea’s core real economy. Driven by the artificial intelligence (AI) boom, the KOSPI 200 index has rallied 113% year-to-date. Leaders like SK Hynix and Samsung Electronics have posted returns several times over the past 12 months. For investors who cannot directly open a Korean securities account, ETF 03121 offers a low-barrier, convenient way to participate in South Korea’s large-cap stock rally via a Hong Kong stock account.
Relevant content

BiyaPay TradFi Perpetual Contract launches 0Fee Mode, with Maker and Taker both enjoying feeless trading

### Official Announcement | June 17 To further cut user transaction costs and elevate the TradFi contract trading experience, BiyaPay is rolling out a 0-transaction-fee policy for all TradFi perpetual contract pairs on its platform. Under this policy, both Maker and Taker fees have been adjusted to 0%. When trading TradFi perpetual contracts, users won’t be charged any transaction fees, regardless of whether their order is a Maker or Taker. Other fees—including Funding Fees—will remain governed by the platform’s existing rules. For full details, please refer to BiyaPay’s official announcement.

1 seconds ago

OKX Star Questions CZ's 'Hyperliquid Non-compliance' Remarks

June 17. OKX Founder and CEO Star took to social media to respond to CZ’s recent interview remarks, where CZ noted Hyperliquid’s innovations are impressive but he would never follow its business model due to compliance issues. Star’s statement read: “CZ is fully aware of the legal and regulatory risks involved, yet he still created a shell company to replicate Hyperliquid’s business model, personally promoted it, and allocated significant shared resources. Perhaps forming such an independent shell entity is their solution to compliance. But if the core business model, resources, personnel, and incentive mechanisms are essentially identical—what, then, is the real difference between the two?”

1 seconds ago

AI “Bottleneck Trade” Nearing End, Early SpaceX Investor Says Market Focus Will Shift to Long-Term Value

June 17 — The red-hot trade around the AI supply chain shortage could be wrapping up, as some investors are moving on from chasing the next bottleneck to zeroing in on companies that will hold long-term value once the AI infrastructure cycle fades. Gavin Baker, managing partner at Altreides Management and an early SpaceX investor, told TBPN in an interview that for the past year, the market has been obsessed with chasing "bottleneck assets" tied to AI development — from DRAM and storage chips to critical material suppliers. But he argues these so-called "AI bottleneck trades" are winding down. Baker noted that Japan’s Ajinomoto has refused to raise prices on a key chip packaging insulation material — a component used to connect processors and chips in the packaging layer that previously drew investor focus as AI chip demand surged. This move signals that pricing power for some supply chain bottlenecks may be starting to ease. He added that the market’s priority up to now has been hu

1 seconds ago

The Republican Party Pro-Crypto Candidate Wins Alabama Senate Primary

June 17 — U.S. crypto journalist Eleanor Terrett reports that U.S. Congressman Barry Moore, who earned Donald Trump’s endorsement and backing from the cryptocurrency industry, has claimed victory in the Republican primary runoff for Alabama’s U.S. Senate seat, beating opponent Jared Hudson. Pro-crypto political action committee Fairshake contributed over $12 million to this election. After Moore’s win, Fairshake released a statement noting its “largest investment in this election cycle once again helped an innovation-supporting candidate secure a Senate seat.” The group also added it currently holds nearly $150 million in cash reserves and plans to build “the largest pro-crypto congressional group in history.”

1 seconds ago

Bitget has added 10 new stock contracts, including Corning, Rockwell Automation, and SMH, with leverage of up to 20x.

Per an official statement issued on June 17, Bitget has launched five new targets for its stock contracts: FLNC (Fluence Energy), CGNX (Cognex), SMH (VanEck Semiconductor ETF), ROK (Rockwell Automation), and ISRG (Intuitive Surgical). The expanded offerings cover prominent sectors including energy storage, industrial automation, semiconductors, and medical technology. These contracts support leverage of up to 20x. For additional details, please check Bitget’s official platform.

1 seconds ago

Oil Price Plunges Over 10% on the 5th Day, Historical Data Suggests Strong Potential for US Stocks

June 17: Data from SentimenTrader shows that crude oil has fallen 10.31% cumulatively over the past five trading days, while the long-term U.S. Treasury bond ETF (TLT) has gained 1.30% in the same period. Historical records since 2008 indicate that when the market sees a similar mix—sharp declines in oil prices paired with rising long-term U.S. Treasuries—the S&P 500 index has an 85% probability of rising over the subsequent 12 months, with a median one-year gain of roughly 17.04%. This market dynamic typically signals rapidly easing inflationary pressure and more accommodative financial conditions.

1 seconds ago