Meta Platforms (META.O) shares rose intraday, now up more than 1%.

On the 8th (local time) the US Treasury announced a new round of sanctions on 36 entities targeting Iran's aviation sector and related firms as part of stepped-up economic pressure. The measures are intended to further constrain Mahan Air's operations and extend to other Iranian carriers, as well as alleged shell companies, foreign intermediaries and transshipment networks said to facilitate acquisition of US-origin aircraft and sensitive technology.

Citigroup cut its price target for Pou Sheng International (06110.HK) to HKD1.70 from HKD1.91 and lowered net‑profit forecasts for FY2027–29 by 2%, 19% and 18%, and sales forecasts by 1%, 5% and 5%. The bank cites Nike’s plan to change China distribution from Jan 2027 as a negative for Pou Sheng’s FY2028 (year to Feb 2028) outlook and says it is not confident Nike will continue subsidizing the loss of online distribution rights after Pou Sheng’s FY2027 (year to Feb 2027). The PT is based on an unchanged 11x 2027E target P/E. Citigroup kept a buy rating on Pou Sheng, citing a double‑digit dividend yield, and left sector preference unchanged: Anta (02020.HK) > Li Ning (02331.HK) > Pou Sheng, all rated buy.