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The AI boom has boosted the enthusiasm for "leveraged stock trading" in Japan, with the scale of retail investors' margin trading doubling in six months, reaching the highest level since 2016

According to the Nikkei News, individual investors in the Japanese stock market are accelerating their use of leverage to bet on AI trends. As of July, the amount of credit trading by individual investors in the Japanese stock market reached 123 trillion yen (approximately 1.09 trillion yuan), doubling since the beginning of the year and reaching the highest level since related statistics began in 2016.Data shows that in June, the scale of credit trading by Japanese individual investors hit a historical high, and in July it continued to maintain a high level. At the same time, the proportion of credit trading in the overall trading amount of individual investors rose to 83%, also setting a new record.AI concept stocks have become the main driving force behind the surge in credit trading, among which the credit buy balance of AI storage concept stock Kioxia reached 13.23 million shares as of August 7, making it one of the popular targets.Benefiting from the recent rise in the Japanese stock market, the overall performance of leveraged investors has been decent. The floating yield of credit trading investors briefly turned positive in June, although it fell back to a loss of 8.4% by the end of July, it is still better than the average loss level of the past 10 years (-10.2%).

Chinese-American crypto investor Harry Yeh fell from a 30-story building in Paraguay, and the police are investigating the cause of death

According to La Tribuna, the body of a Chinese man was found outside the Jade Park high-rise apartment in the Trinidad district of Asunción, Paraguay. Preliminary identification confirmed the identity as Harry Chun Tak Yeh, the founder and managing partner of Quantum Fintech Group. The police stated that he is suspected to have fallen from the 30th floor of the building, and his body was found completely naked and covered with a black plastic bag. Investigators found the apartment door on the 30th floor ajar, with the interior in disarray, and confirmed that he also owned another apartment on the 27th floor of the same building. Criminal technicians have collected evidence outside the building and from both apartments, and relevant physical evidence has been handed over to the prosecution. The prosecution is currently investigating multiple possibilities, including accident, suspected suicide, and homicide, while the judicial department will determine the specific cause of death and the circumstances through an autopsy.It is reported that Chinese-American cryptocurrency investor Harry Yeh entered the Bitcoin market in 2013 when the BTC trading price was $60. He launched his first fund with $250,000, and his investment network claims to manage over $2.4 billion in assets, closely linked with Fantom, Tomb Finance, Lif3, ZooCoin, L3 USD, and L3 Reserve.
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