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Golden Ten Data reported on June 24th that volatility in South Korea’s benchmark stock index has reached such extreme levels that investors and analysts are comparing the market’s intraday swings to the “meme stock” fervor. While this comparison might initially seem exaggerated given that the Kospi index is underpinned by robust earnings from world-leading chip manufacturers, it’s not entirely without basis. Retail investor interest continues to heat up: this year, the Kospi index has seen 20 trading days with closing moves of at least 5%, compared to just 2 such days in all of 2025. Samsung Electronics has already seen 8 trading days this year where its price moved by 10% or more—there were zero such occurrences last year; SK Hynix has seen 11 this year, compared to 2 in 2025. This conjures memories of the past retail frenzy surrounding stocks like GameStop and Bed Bath & Beyond (BBBY). A major driver behind the surge in volatility is the retail craze for leveraged single-stock ETFs. In addition, the increasing dominance of these two heavyweight stocks has further exacerbated fluctuations. According to estimates by Goldman Sachs, a 5% move in South Korean stocks could trigger around $4.7 billion of ETF rebalancing flows, as options traders adjust their risk exposure. This amount is equivalent to roughly one-eighth of normal daily trading volume in the Korean equity market.

Golden Ten Data reported on June 24 that Wang Pingwei, Chairman and President of China Mineral Resources Group Co., Ltd., held discussions with Pamela Nakamba, Economic Advisor to the President of Zambia; Lawrence Mwanayanda, Special Assistant to the President on Projects; Patrick Kangwa, Secretary to the Cabinet; and others regarding the progress and future planning of China Mineral Resources’ investment in the Katumba Copper Mine project in Zambia. Wang Pingwei introduced the latest construction status of the Katumba Copper Mine project. With a total investment of $610 million, the project has already created approximately 3,900 local jobs, which is expected to increase to between 5,000 and 6,000 in the future. Currently, equipment procurement, civil construction, and pipeline installation are proceeding as planned, with the goal of completing preparations for commissioning or trial production of the processing plant by the third quarter of 2026. The project consistently adheres to an environmental-first principle, actively promoting a green “energy + resources” integrated development approach.

According to the popularity ranking, HYPE tops the list, while ARX had the largest decline. The ranking is as follows: ① HYPE ($62.31, -0.73%) ② SPCX ($157.26, 4.35%) ③ LAB ($16.21, 1.38%) ④ ARX ($0.3037, -20.16%) ⑤ SYN ($0.2769, 11.07%). ARX saw strong buying from major funds, with a net inflow of $3.372 million in the past 24 hours and a 24-hour trading volume of $262 million, among which the net outflow from major funds was $44,700.