Huanyao Fang

TradingKey - On March 31, Eastern Time, Eli Lilly officially announced its acquisition of U.S.-listed Centessa Pharmaceuticals for a total consideration of $7.8 billion, with the transaction expected to close in the third quarter of 2026. Following the news, Eli Lilly shares rose approximately 3% on Tuesday, while Centessa shares surged 45%.

TradingKey - Buoyed by signals from the U.S. and Iran of a willingness to end the conflict, Asia-Pacific stock markets rallied strongly today. After triggering a circuit breaker at the market open, the KOSPI Index continued to extend its gains, led by tech heavyweights. Samsung Electronics surged 10%, while memory chip leader SK Hynix jumped 9.5% in tandem.

TradingKey - During Wednesday’s Asian trading session, international gold prices surged, breaking through the $4,700 threshold intraday to reach a new periodic rebound high. This followed signals from both the U.S. and Iran expressing a willingness to end the conflict. Driven by this, capital flowed back into risk assets, while gold, which experienced a sharp decline in March, also recorded synchronized gains.

TradingKey - As the US and Iran signaled a de-escalation of tensions, market risk appetite rebounded significantly. The three major US stock indices rallied sharply, recording their largest single-day gains since last May, although monthly performance remains under pressure.

TradingKey - Driven by a rapid reversal in geopolitical expectations, global market sentiment has seen a significant recovery. The three major U.S. stock index futures strengthened collectively during the Asian trading session, with gains all expanding to over 1% as risk assets staged a periodic rebound.

TradingKey - Amid geopolitical conflicts driving up energy prices and market concerns over a resurgence in inflation, Powell's latest remarks provided key guidance: short-term shocks are not yet sufficient to alter the policy path, and the Federal Reserve remains inclined to "stand pat and observe."

TradingKey - During Tuesday’s Asian trading session, the Nikkei 225 Index closed down 1.6% at 51,063.72 points, marking a 13.2% slump for March. South Korea’s Seoul Composite Index closed down 4.3% at 5,052.46 points, falling 19.1% in March. Both indices recorded their largest monthly declines since October 2008, as regional risk sentiment deteriorated significantly.

TradingKey - During Monday's U.S. Eastern trading session, shares of U.S. mortgage giants Fannie Mae and Freddie Mac experienced a rare surge, boosted by public bullish comments from renowned hedge fund manager Bill Ackman. Fannie Mae (FNMA) shares soared by more than 50%, while Freddie Mac (FMCC) jumped approximately 47%, becoming the focus of the market.

TradingKey - As Middle East hostilities continue to escalate, the market sold off on rallies despite Powell’s dovish signals indicating that rate cuts remain the primary theme for the year. The Nasdaq Composite closed down 0.73%, the S&P 500 fell 0.39%, while the Dow Jones rose 0.11%.

TradingKey - Since mid-March, a pivot in memory prices has sparked market concerns that the memory cycle may have peaked. As of Friday Eastern Time, memory chip stocks in the US market experienced a sharp weekly pullback. Western Digital (SanDisk), which previously recorded the highest gains and strongest elasticity, fell over 13% from its peak during the week; Micron dropped more than 15% from its high. The sector saw a collective weekly correction, leading the decline of the Nasdaq Index.

TradingKey - Driven by the escalation of US-Iran hostilities, oil prices have surged recently, intensifying the sell-off in US stocks. The Dow and the Nasdaq 100 have fallen into correction territory, while the S&P 500 and the Nasdaq closed at nearly eight-month lows.

TradingKey - Price hike pressures on PC hardware are spreading from memory and storage chips to the processor sector. The CPU market is currently initiating a round of price increases averaging 10% to 15%, impacting both server and consumer products.

TradingKey - What makes Warren Buffet continue with his Occidental Petroleum investments, OXY stock is seen by many investors as an appealing long-term play or will it reflect Buffet's different lenses when investing?

TradingKey - Against a backdrop of intertwined geopolitical risks and macroeconomic uncertainty, global market sentiment has diverged once again. During Friday’s pre-market session (ET), the three major U.S. stock index futures continued to trend lower, signaling pressure on risk assets. Bitcoin, which saw an optimistic trend in March, moved lower in tandem, briefly dipping below the 68,000 mark.

TradingKey - Growing interest has recently been placed on Energy Transfer, primarily due to its valuation as one of the best valued stocks in the midstream segment of energy.

TradingKey - Recently, regarding its proposed Terafab chip factory plan, the market initially expected the move to strengthen Tesla’s (TSLA) vertical integration in the AI and autonomous driving sectors. However, following the news, the stock price failed to rise and instead came under pressure and

TradingKey - Impacted by the ongoing geopolitical conflict, Asia-Pacific stock markets generally opened under pressure on Thursday amid rising external uncertainty and retreating market risk appetite. Major indices fell across the board, with the South Korean market recording particularly significant losses.

TradingKey - As U.S.-Iran ceasefire negotiations reached a stalemate, market risk aversion intensified rapidly. International oil prices surged over 4% at one point, while risk assets including U.S. equities, Treasuries, gold, and Bitcoin came under simultaneous pressure.

TradingKey - International oil prices extended their upward trend. As of the latest trading session, Brent crude broke through $100 per barrel, trading at $100.33 per barrel with an intraday gain of over 3%; WTI crude rose 4.0% intraday to $93.94 per barrel.

TradingKey - As expectations for US-Iran ceasefire negotiations continued to fluctuate, market risk appetite retreated again. Asian equity markets generally opened lower and trended downwards on Thursday, with the KOSPI falling by more than 3%. The Nikkei 225 and TOPIX also closed slightly lower, while the Hang Seng Index and commodity prices simultaneously experienced sharp volatility.