Daily Brief Financials: HKEX, Samsung Card Co, S&P/ASX 200 and more

In today’s briefing:

HKEX (388 HK) Options: Unpacking the Top Trades of the Week
Why Amazon Issuing Stablecoins Could Negatively Impact Samsung Card’s Share Price
Heat Maps: Asia/Pacific Stocks and Commodities

HKEX (388 HK) Options: Unpacking the Top Trades of the Week

Be inspired by sophisticated, live, multi-leg options strategies on HKEX (388 HK), executed over the period from 9 to 13 June.
Highlights: Discover a range of noteworthy strategies, for example a self-financing Diagonal Put Spread using weekly options, or a Diagonal Call Spread generating 3.9% upfront yield.
Why read: This breakdown of complex option strategies sheds light on market sentiment and positioning. Detailed examples provide actionable insights that could inspire similar strategies,

WSJ reported that Amazon and other major multinational in the US are actively considering on potentially issuing their own stablecoins. This could negatively impact card issuers such as Samsung Card.
Once stablecoins are legally approved in South Korea and some of the major merchants in Korea start to use stablecoins, the current revenue streams of Samsung Card could get disrupted.
Although the exact levels of revenue disruption still remain uncertain, many investors do not like uncertainty which means that some investors could start to reduce their holdings on Samsung Card.

This insight offers a quick look at the probability of reversal for a number of stocks and indices in the Asia/Pacific Region, plus Gold (GOLD COMDTY) and Crude Oil (CL1)
Both Gold (GOLD COMDTY) and Crude Oil (CL1 COM COMDTY) appear overbought, but as discussed in a recent insight, Crude Oil can certainly go higher.
S&P/ASX 200 (AS51 INDEX) and Korea Stock Exchange KOSPI 200 (KOSPI2 INDEX EQUITY) are also very overbought, detailed outlooks have been recently discussed here (ASX200) and here (KOSPI200).

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