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格隆汇 March 16｜Morgan Stanley has lowered the target price of Dick's Sporting Goods from $260 to $250, maintaining an "Overweight" rating. (格隆汇)

Foresight News reports that Hana Financial Group and the UK-based SC Group (Standard Chartered Group) have signed a memorandum of understanding to deepen cooperation in global financial business and the digital asset sector. The two institutions will strengthen collaboration in global financial areas such as investment banking (IB), capital markets, and foreign exchange. Additionally, both parties plan to jointly explore growth opportunities in future financial fields such as digital assets.Ham Young-joo, Chairman of Hana Financial Group, stated that both sides will combine their respective global networks and financial expertise to enhance global competitiveness through synergies in areas such as digital assets. Bill Winters, CEO of Standard Chartered Group, commented that Korea is a core hub of the Asian financial market, and this partnership marks an important milestone for its global network business.

Odaily reported that Arthur, founder of DeFiance Capital, posted on X stating that the current stock market pricing is overly optimistic about the real situation. Once market sentiment shifts, the adjustment could be even more drastic. He believes that this environment may provide performance opportunities for bitcoin and crypto assets, making them tools for hedging sovereign and geopolitical risks amid geopolitical and macro uncertainties. Arthur stated that the trading strategy of "going long crypto assets, shorting stocks or high-yield bonds" could be one of the more attractive long-short combinations in the current market. He later added that this trading trend may just be beginning. Additionally, he pointed out that the supply of USDC has rebounded to a new all-time high after bottoming out about a month ago, which may partly explain the nearly doubling performance of CRCL since its recent low.