Jane Zhang

TradingKey — According to reports from Nikkei, the Bank of Japan (BoJ) plans to raise interest rates at its monetary policy meeting on June 15–16, increasing the policy rate from the current 0.75% to 1.0%. BoJ Governor Kazuo Ueda and other leadership members are expected to propose the rate hike at the June 16 meeting, with the resolution anticipated to pass by a majority vote of the nine policy board members. If approved, this will mark the first rate hike of the year, bringing the policy rate to 1%—its highest level in 30 years since 1995. As Japan enters an era of high interest rates, what will be the impact on Japanese equities?

TradingKey - NVIDIA (NVDA) CEO Jensen Huang recently engaged in a series of activities in Seoul, South Korea, including a BBQ gathering with SK Hynix Chairman Chey Tae-won, LG Chairman Koo Kwang-mo, and Naver Chairman Lee Hae-jin. During the visit, Huang established partnerships with several Korean firms and publicly recommended Qualcomm (QCOM) stock. While these actions have further expanded the list of "NVIDIA-concept stocks," Bloomberg criticized his remarks as being detached from market dynamics. Among these "NVIDIA-concept stocks," are there any truly worth buying?

TradingKey - On Monday local time, OpenAI announced that it has confidentially filed for an IPO. The move comes just one week after competitor Anthropic filed for an IPO, and as SpaceX is set to officially list on June 12.

TradingKey - During Monday's Asian session, both spot and futures gold prices broke below the $4,300/oz support level. Spot gold hit an intraday low of $4,268.42, its lowest level since March 23, erasing all year-to-date gains.

As $7.9B floods into SpaceX ETFs, early investors face a hidden dilution trap. Is buying a SpaceX ETF worth the risk, or is there a better Pre-IPO play?

Is this 9-day rally a stock market crash signal or will the upcoming SpaceX IPO drive further gains? Discover why Deutsche Bank is warning investors.

TradingKey - According to the Wall Street Journal, citing people familiar with the matter, SpaceX will submit an updated prospectus as early as Wednesday, disclosing its target price range for the first time. SpaceX is negotiating with its IPO underwriters to lower the underwriting fee to below 0.75

TradingKey - Since investors are extremely interested in the coming SpaceX IPO on June 12th, the number of allocations will be very limited. Individual investors usually have trouble buying an IPO directly, and the trading can be quite volatile after the IPO. A less-congested, less-prominent alterna

TradingKey - Anthropic announced on Monday that it has confidentially filed for a U.S. IPO, taking the lead over rival OpenAI in the race to go public. According to Reuters, Anthropic’s listing could occur as early as this autumn. Following Anthropic’s filing announcement, the competition between the two has become increasingly concrete: whoever can go public first and seize a favorable market window will be more likely to win the race.

TradingKey - During the early Asian session on June 1, Samsung Electronics surged more than 8% to hit an all-time high, peaking at 344,000 KRW. The South Korean KOSPI index broke above 8,700 points, reaching a high of 8,792.86, an increase of nearly 4%. The Nikkei index surpassed 67,000 points for the first time, marking a new record high.

TradingKey - An article from financial blog ZeroHedge points out that Chinese semiconductor firms have begun flooding the market with domestic DRAM and NAND chips, which may drive down the prices of memory and storage devices. Is the chip market approaching a devastating moment? Could the impact of the Chinese chip price war become a "black swan" event for the three major industry giants: Samsung, SK Hynix, and Micron (MU)?

TradingKey - Over the past year, Nvidia (NVDA) has reported blockbuster results, but the Nvidia stock price has dipped on the day or week of every report. That’s led some to question whether Wall Street still buys the story. The broader reality is more nuanced: post-print volatility has been accompa

TradingKey - According to Bloomberg, Anthropic’s latest funding round has reached $65 billion, bringing its valuation to $965 billion and officially surpassing OpenAI as the world’s most valuable AI startup. Both companies are preparing for anticipated IPOs later this year. According to reports, OpenAI may have already confidentially filed for an IPO, targeting a listing as early as September, while Anthropic could also go public as early as this autumn. Currently, Anthropic has significantly outperformed OpenAI in valuation; its annualized revenue has reached $47 billion and is expected to exceed $50 billion by the end of next month, whereas OpenAI’s annualized revenue stood at approximately $25 billion in February. Given these conditions, what are OpenAI’s remaining prospects?

TradingKey - In early Asian trading on Friday, May 29, Japanese and South Korean stock markets both opened higher. As of press time, the Nikkei 225 Index once again broke above the 66,000 level, hitting an intraday high of 66,036.50 and poised to set a new record. South Korea's Kospi Index surpassed 8,400 points, reaching an intraday high of 8,424.53, just shy of its all-time record of 8,457.09.

TradingKey — Reports suggest that Elon Musk’s self-developed chip project, Terafab, is gaining momentum. Christophe Fouquet, CEO of lithography manufacturer ASML, stated this week that he has held direct talks with Musk regarding the initiative, adding that Musk is "very serious" about it. According to the latest industry survey by renowned analyst Ming-Chi Kuo, this unprecedented project faces at least three major challenges: excessive scope, a tight timeline, and a shortage of human resources. These pressures are expected to result in equipment procurement premiums, missed windows for technical R&D, and increased coordination complexity due to the simultaneous development of multiple process nodes. Amid these compounding pressures, Kuo contends that actual execution capability will be the ultimate determinant of the project's success.

TradingKey - On May 27, Bloomberg reported that copper trading activity has intensified as market expectations rise regarding potential tariffs on copper under a Trump administration, prompting traders to ship copper inventories to the U.S. Currently, near-month COMEX copper futures prices have been pushed to a premium of over $500 per ton compared to LME spot prices, marking the first time this level has been surpassed since last autumn.

TradingKey - During the Asian trading session on May 28, spot gold briefly fell below $4,400, hitting a low of $4,396.91, its lowest level since March 27. Gold futures also declined, with U.S. gold futures for August delivery dropping to $4,431 on May 27.

TradingKey - On Wednesday (May 27), the Samsung strike saga finally concluded as the labor union ratified a wage agreement with a 73.7% approval rate. As this turmoil unfolded in Seoul, its competitor Micron (MU) reported positive developments: its stock closed up 19% on Tuesday, reflecting extreme bullishness in the market. In recent interviews, Micron management stated that the company is accelerating its global plant construction plans, with new capacity expected to come online successively starting in 2027, enhancing the visibility of its future growth potential. Has the Samsung strike quietly reshaped the global landscape of the memory industry? Is Micron poised to surpass Samsung in the future?

TradingKey - This Tuesday, Quantinuum, a quantum computing subsidiary of Honeywell (HON), officially filed its IPO pricing terms with the U.S. SEC. The company plans to list on the Nasdaq under the ticker symbol "QNT."

TradingKey - On Tuesday ET, the US chip sector surged collectively. Micron (MU) closed up 19.29%, reaching a new all-time high and driving its market capitalization above $1 trillion for the first time.