Jefferies raises Moderna (MRNA.O) PT to $150 from $60.

On the morning of Aug 20, 2026, the Shenzhen Intermediate People’s Court issued first-instance verdicts in cases against Evergrande Group Co., Ltd., Evergrande Real Estate Group Co., Ltd. and Xu Jiayin. Evergrande Group was fined RMB 8.82 bln following combined convictions; Evergrande Real Estate was fined RMB 7.0 bln. Xu Jiayin was sentenced to life imprisonment, deprived of political rights for life, and ordered to forfeit all personal property; illicit gains will continue to be recovered and any shortfall will be ordered repaid. The Shenzhen Intermediate Court and Nanshan District People’s Court also sentenced 56 Evergrande-related defendants for illegal public deposit-taking, fundraising fraud and illegal use of funds to fixed-term prison terms ranging from 18 years to 1 year 10 months, and imposed fines or property confiscation; illicit gains will be recovered and shortfalls ordered repaid. Named defendants include Zhen Litao, Ke Peng, Xu Tenghe, Xu Zhijian, Du Liang and Liang Dong.

Israel Defense Forces says it will conduct a military exercise near Nahariya tomorrow as part of its 2026 training plan; the activity is not related to a security incident.