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Glonghui, June 5 | Morgan Stanley raised Cloudflare’s target price from $245 to $305, maintaining its “Overweight” rating.

Glonghui, June 5 — According to Wallstreetcn, JPMorgan stated in its latest report that in the current super bull market jointly driven by AI and policy reforms, the South Korean KOSPI index has surged a staggering 109% year-to-date, crushing global indices (by comparison, the S&P 500 rose only 11% in the same period). As a result, the face value of South Korean households' domestic stocks and fund assets has exceeded 10 trillion KRW (approximately 73 billion USD). What is the significance of 10 trillion KRW? This figure is 4.5 times the peak seen during the 2020 retail investor frenzy (2.34 trillion KRW) and is close to 40% of South Korea’s annual GDP. This is also an unprecedented speed of wealth creation in the history of South Korea’s capital market. For a country with just 51 million people, this means that, on average, each South Korean has seen their notional wealth increase by nearly 20 million KRW.

```htmlGolden Ten Data reported on June 5 that the key indicator for offshore RMB liquidity—Offshore RMB Hong Kong Interbank Offered Rate (Hibor) on Friday showed: Most major tenors remain steady; the one-year Hibor edged down to 1.65000%, unchanged from the record low set on Tuesday. The two-week Hibor slipped slightly to 1.31394%. Overnight Hibor rose by 4 basis points to 1.27606%; the one-week Hibor remained flat at 1.31394%. Click the link to view historical data>>```