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UBS cuts price target for Meta Platforms (META.O) to $766 from $865.

2026-07-13

UBS cuts price target for Meta Platforms (META.O) to $766 from $865.

Other News
2026-07-13

Individual Stock News 1. Duan Yongping further increased his stake in Pop Mart (09992.HK), raising his shareholding to 7.65%. 2. China Life Insurance (02628.HK): Plans to invest RMB 4.999 billion to jointly establish a semiconductor industry fund w

Individual Stock News 1. Duan Yongping further increased his stake in Pop Mart (09992.HK), raising his shareholding to 7.65%. 2. China Life Insurance (02628.HK): Plans to invest RMB 4.999 billion to jointly establish a semiconductor industry fund with related parties. 3. China Hongqiao (01378.HK): Net profit for the first half of 2026 is expected to increase by approximately 39% compared to the same period in 2025, mainly due to the increase in the sales price of the Group's aluminum alloy products compared to the same period in 2025. 4. Zhongliang Holdings (02772.HK): Cumulative contracted sales amount for the first half of 2026 was approximately RMB 3.6 billion, with a cumulative contracted sales area of approximately 365,000 square meters and an average contracted sales price of approximately RMB 9,900 per square meter. 5. CSPC Pharmaceutical Group (01093.HK): The company received a US$25 million R&D milestone payment from AstraZeneca on July 10, 2026. 6. Basic Semiconductor (09971.HK) announced that the prices of some of its products are expected to increase by up to 25%. 7. Insilicon Technologies (03696.HK): Reached a new collaboration with Kangzhe Pharmaceutical in the research and development of drugs in the central nervous system field. 8. Country Garden (02007.HK) July management meeting: The second half of the year will be a critical window for the company's business transition.
2026-07-13

Axios sources say the US has not discussed with regional allies the possibility of imposing transit fees for passage through the Strait of Hormuz.

Axios sources say the US has not discussed with regional allies the possibility of imposing transit fees for passage through the Strait of Hormuz.
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