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Mehr News Agency reports Hormozgan provincial government said a missile fired by US forces struck an area near Sirik in Hormozgan province, Iran; no damage to residential or commercial areas.

2026-07-15

Mehr News Agency reports Hormozgan provincial government said a missile fired by US forces struck an area near Sirik in Hormozgan province, Iran; no damage to residential or commercial areas.

Other News
2026-07-14

Morningstar equity analyst Jing Jie Yu said the firm maintains a fair value estimate of $160 per SK Hynix ADR, judging the valuation reasonable after assessing long-term cyclical risk. SK Hynix plans to use about 40 trillion won from the listing for

Morningstar equity analyst Jing Jie Yu said the firm maintains a fair value estimate of $160 per SK Hynix ADR, judging the valuation reasonable after assessing long-term cyclical risk. SK Hynix plans to use about 40 trillion won from the listing for future wafer‑fab investment, but Morningstar says the move is mainly aimed at boosting valuation rather than meeting urgent financing needs. Korean memory peers’ valuation multiples have long trailed US rivals and SK Hynix’s existing cash is expected to cover investment needs; Morningstar projects EBITDA of 317 trillion won in 2026 and 474 trillion won in 2027, well above the planned raise. Morningstar therefore views the fundraising as largely symbolic with limited incremental capacity funding, and keeps a “very high uncertainty” rating, warning SK Hynix ADR and Korea-listed shares may remain highly volatile.
2026-07-14

The Hang Seng Tech Index fell further to 2%, while the Hang Seng Index is currently down 1.12%.

The Hang Seng Tech Index fell further to 2%, while the Hang Seng Index is currently down 1.12%.
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