asia

According to Gate market data, on Friday, Asian emerging market stock indices recorded their largest single-day increase in over 17 years, as the stock markets in South Korea and Taiwan surged, alleviating market concerns about spending related to artificial intelligence.The MSCI Asia Emerging Markets Index rose by about 7%, and the technology index increased by over 13%, both marking their largest single-day gains since October 2008. Nevertheless, both indices have still declined by 5% and 14% respectively so far this month.

According to Gate market data, the MSCI Asia-Pacific (excluding Japan) stock index has risen by more than 5%.

According to Bloomberg, Thailand's True Internet Data Center is seeking approximately $2 billion in equivalent loans to build new data center facilities to help Thailand develop into a regional AI and cloud services hub.In terms of financing structure, the loan will be divided into three parts, with about $1.8 billion denominated in US dollars, and the other two parts denominated in Thai baht. Sources familiar with the matter requested anonymity as the details of the transaction have not yet been publicly disclosed.

According to Gate market data, on July 30, Asian stocks generally fell, with the Shanghai Composite Index closing down 23.78 points, a decrease of 0.62%, at 3,804.69 points; the Shenzhen Component Index fell 372.64 points, a decrease of 2.73%, at 13,285.8 points; the CSI 300 Index fell 50.54 points, a decrease of 1.1%, at 4,549.72 points.The Hong Kong Hang Seng Index rose 50.96 points, an increase of 0.2%, at 25,858.88 points. In the European and American stock markets, the German DAX30 Index rose 164.94 points, an increase of 0.65%, at 25,613.7 points; the UK FTSE 100 Index fell 11.52 points, a decrease of 0.11%, at 10,896.89 points; the Dow Jones Index rose 613.92 points, an increase of 1.19%, at 52,208.06 points.

According to a report by Jinshi, a report from Goldman Sachs shows that hedge funds focused on the Asian market are facing the largest single-month drawdown on record, due to a widespread sell-off of AI concept stocks, which has erased most of the gains previously concentrated in this sector. As of July 28, these funds have averaged a decline of 18.6% this month. Goldman Sachs pointed out that since the year-to-date return peaked at 40% on July 22, these funds have given back 21 percentage points of their year-to-date gains.

According to Gate market data, on July 29, Asian stocks generally rose, with China's Shanghai Composite Index closing up 15.15 points, an increase of 0.4%, at 3,828.47 points; the Shenzhen Component Index rose 148.76 points, an increase of 1.1%, at 13,658.44 points; and the Hong Kong Hang Seng Index rose 497.07 points, an increase of 1.96%, at 25,807.92 points.Most European and American stock markets fell, with Germany's DAX30 index down 34.71 points, a decrease of 0.14%, at 25,457.88 points; and the Dow Jones index down 1,152.18 points, a decrease of 2.19%, at 51,594.14 points.

According to Jinshi, the Bank of England is investigating the rapid growth of investment banks operating in London with exposure to Asian stocks, as officials hope to avoid highly concentrated bets on a few companies related to artificial intelligence.Hedge funds and other institutional investors are rushing to invest in companies providing key infrastructure for the artificial intelligence semiconductor industry in Asia, such as SK Hynix and TSMC. The Bank of England is concerned that these stocks are gradually becoming an increasingly important part of the positions held by major brokers, with holdings highly concentrated in a few companies.

At the 2026 Wiki Finance Expo, Bitget was awarded two industry awards for its innovative performance in the multi-asset trading market: "Global Outstanding All-Asset Innovation Platform" and "Asia's Leading Innovative Trading Platform."Currently, Bitget's CFD daily trading volume reaches 10 billion dollars. The platform has launched a zero-fee model for CFDs and continues to upgrade its CFD copy trading system, extending its mature cryptocurrency trading capabilities to a broader range of multi-asset scenarios.Bitget's Chief Analyst Lewis Huang stated that the next phase of the trading market will be driven by the deep integration of Web3 and traditional finance. Bitget will rely on the UEX architecture to continuously provide users with a more unified, flexible, and global cross-asset trading experience.

Multicoin Capital, as the sole institutional investor, invested $1.75 million in Trasia Labs' seed round financing, officially entering the Hyperliquid ecosystem. Trasia is a perpetual contract trading platform natively built on Hyperliquid, primarily targeting the Asian market.Trasia was co-founded by former Multicoin Capital partner and former Stepn team Chief Revenue Officer Mable Jiang, along with Web3 practitioner Edison Chen. It officially launched its first web version on July 17, supporting both Chinese and English languages. The mobile app is expected to be launched in August and has initiated an invitation-based Asia Points rewards program. The platform currently connects to the Hyperliquid native perpetual market in a non-custodial manner and plans to launch its own perpetual contracts based on the HIP-3 protocol, focusing on asset classes that are of high interest to Asian investors, such as AI infrastructure and Pre-IPO. The official statement indicated that over $35 million in HYPE and USDC has been invested to support the growth of the Asian stock perpetual market and related ecosystem.

SBI Holdings announced that it has completed the acquisition of a majority stake in the Singapore cryptocurrency platform Coinhako on July 16 and will include it within its consolidated subsidiaries.The transaction has received the necessary approval from the Monetary Authority of Singapore.

According to The Block, Multicoin Capital has invested $1.75 million in Trasia, completing its seed round financing. This is its first investment in the Hyperliquid ecosystem and makes it the sole investor in the startup.Trasia is built on the Hyperliquid platform and was co-founded by former Multicoin Capital partner Mable Jiang, aiming to serve Asian traders through its perpetual contract platform.

According to Jinshi reports, Albert Park, Chief Economist of the Asian Development Bank, stated that the end of the ceasefire in the Middle East has darkened the outlook for developing economies in Asia. The escalation of conflict will drive up energy prices, intensify inflationary pressures, and prolong supply chain disruptions, which may tighten global financial conditions, raise imported inflation, and consequently be detrimental to the growth prospects of developing countries in Asia.

According to CoinPost, Kinexys, a blockchain division of JPMorgan, announced the addition of five currencies to its Blockchain Deposit Account (BDA) network: Australian Dollar (AUD), Hong Kong Dollar (HKD), Japanese Yen (JPY), Renminbi (RMB), and Singapore Dollar (SGD). This expands the total supported currencies to eight, including the existing Euro, British Pound, and US Dollar, making it the platform with the most supported currencies in the global blockchain settlement and on-chain foreign exchange field.The BDA operates on JPMorgan's private blockchain, supporting 24/7 settlement and programmable payment features. Japanese energy giant JERA Global Markets became the first enterprise to adopt the Yen BDA, aimed at optimizing internal fund flow management and liquidity allocation. Currently, Kinexys has processed a cumulative transaction volume exceeding $40 trillion, with a daily transaction volume of over $7 billion.

According to monitoring by Catcher Predict, in the event "Dota 2 OG vs Grind Back Southeast Asia Qualifiers" on the prediction market Polymarket, the win probability for the sub-market "Match Winner" for the option "OG" has experienced significant fluctuations, rising from 59.5% an hour ago to the current 84.5% (a fluctuation of 25%). Please note the impact of relevant breaking news.

According to Cointelegraph, Chainlink has launched a data stream for Asia-Pacific stocks, bringing real-time data from major Asian companies such as Samsung, Toyota, Sony, and SK Hynix on-chain.

According to Catcher Predict monitoring, in the market prediction event "Dota 2: REKONIX vs OG Southeast Asia Qualifiers" on Polymarket, the "Yes" option for the sub-market "Both sides defeat Roshan" has experienced a dramatic fluctuation in winning probability, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Dplus KIA Challengers vs T1 Academy - Asian Masters Playoffs," the "Odd" option in the sub-market "Total Kills Odd/Even" has experienced a dramatic fluctuation in win rate, soaring from 51% an hour ago to the current 90.5% (a fluctuation of 39.5%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the event "LoL: T1 Academy vs KT Rolster Challengers - Asia Masters Playoffs" on the prediction market Polymarket, the "Match Winner" sub-market option "T1 Academy" has experienced a dramatic fluctuation in win rate, dropping from 69.5% an hour ago to the current 28.5% (a fluctuation of 41%). Please note the impact of related breaking news.