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HKG:2799.HK News 13 January 2026

Hong Kong market watchdog David Webb dies at 60, leaving small investors without their loudest critic

Hong Kong market watchdog David Webb dies at 60, leaving small investors without their loudest critic

David Webb, Hong Kong activist investor and founder of Webb-site.com, died at 60 from metastatic prostate cancer, according to a notice posted Monday. Webb was known for exposing risky cross-shareholdings and corporate governance issues, triggering major stock sell-offs in 2017 and 2018. In 2025, he received an MBE for his work on market transparency. He had begun shutting down his website as his health declined.
13 January 2026

Stock Market Today

KLA stock price jumps 8% as chip rebound lifts KLAC — what to know before Monday

KLA stock price jumps 8% as chip rebound lifts KLAC — what to know before Monday

8 February 2026
KLA Corp shares surged 8.4% to $1,442.95 Friday, leading gains in chip-equipment stocks after Amazon announced a major increase in capital spending. About 1.6 million KLA shares traded as the PHLX semiconductor index rose 5.7%. KLA’s board declared a $1.90 quarterly dividend, payable March 3 to holders as of Feb. 17. Applied Materials and Lam Research also rallied sharply into the close.
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