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Golden Ten Data reported on June 29 that Australian AI infrastructure company Firmus Technologies Pty Ltd. will cooperate with NVIDIA to build its first data center project in Indonesia. Firmus stated that through a revenue sharing and credit support agreement, it will be able to provide customers with access to NVIDIA’s infrastructure. The agreement covers up to 170,000 NVIDIA AI accelerator chips between 2027 and 2028. This cooperation is expected to bring up to $30 billion in purchase agreement revenue in the first six years.

① To be determined: The European Central Bank will hold a Central Bank Forum.

BlockBeats News, June 28th, South Korean Investor Margin Lending for Stock Speculation Hits Record High: Margin loans in South Korea have reached a historical record of approximately $26 billion, doubling since early 2025. However, in terms of the percentage of South Korea's free float market cap, margin loans currently only account for about 0.8%, the lowest level since the pandemic low in 2020. This is because the significant increase in the total market value of the South Korean stock market far exceeds the pace of leverage growth. Meanwhile, in the recent market pullback, the daily forced liquidation ratio has surged to 4-5% of the total outstanding margin loans, much higher than the usual level of about 1%. This means that due to leveraged investors' inability to meet additional margin requirements, brokers are forced to liquidate 4%-5% of all margin positions in a single day. Record levels of leverage are exacerbating volatility in the South Korean market.