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HSBC: Lowered its target price for Netflix from $76 to $69.

2026-10-22

HSBC: Lowered its target price for Netflix from $76 to $69.

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2026-10-22

The SFC has commenced Market Misconduct Tribunal hearing proceedings against three senior executives of Chang Gaomei Group (08371.HK) and five relatives, employees and close associates, alleging a plan to manipulate the company's share price to satis

The SFC has commenced Market Misconduct Tribunal hearing proceedings against three senior executives of Chang Gaomei Group (08371.HK) and five relatives, employees and close associates, alleging a plan to manipulate the company's share price to satisfy Main Board transfer requirements. The regulator alleges that between June 1 and Sept. 18, 2020, Huang, Chen and Yu instructed or coordinated five others to trade Chang Gaomei shares to push and hold the price at about HK$1.32 — the level needed, given issued share capital then, to meet the HK$500m minimum market‑cap for a Main Board transfer. The stock rose from HK$0.73 to HK$1.36 (c.86%) over the period; the SFC says the trading displayed hallmarks of price manipulation, including aggressive buy orders near close and orders capable of moving or determining the closing price.
2026-10-23

The yield on the 5-year U.S. Treasury note fell 15 basis points to 4.8%.

The yield on the 5-year U.S. Treasury note fell 15 basis points to 4.8%.
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