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HKG:BIREN 3 January 2026

Shanghai Stock Exchange stock today: Shanghai shares brace for Monday reopen as AI rally builds offshore

Shanghai Stock Exchange stock today: Shanghai shares brace for Monday reopen as AI rally builds offshore

Shanghai’s stock markets remain closed for the New Year holiday and will reopen Monday. The Shanghai Composite last finished at 3,968.84, near the top of its 52-week range. In Hong Kong, AI chipmaker Biren Technology surged 76% in its debut, helping lift the Hang Seng tech index 3.4% by midday Friday. Investors await China’s Caixin services PMI on January 4 and CPI data on January 8.
3 January 2026

Stock Market Today

  • Andersen Group Poised to Gain from SpaceX IPO Wealth Surge, Says Baird
    June 13, 2026, 11:13 AM EDT. Wealth advisor Andersen Group (ANDG) stands to benefit significantly from the SpaceX IPO, which created thousands of new millionaires and multiple billionaires. Baird highlights a surge in wealth among SpaceX employees, fueling demand for luxury goods and services, including real estate and high-end travel. Andersen's stock has jumped 46% year-to-date and gained 8% on Friday after the IPO. Baird anticipates the firm will expand its client base notably in California and Texas, with potential further gains from upcoming Silicon Valley IPOs. Among seven analysts covering Andersen, five rate it a buy or strong buy, with an average price target offering 6% upside.

Latest articles

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

13 June 2026
Annaly Capital Management hiked its quarterly dividend to $0.75 per share, boosting its annualized yield to about 13.6% at Friday’s $22.00 close; shares finished nearly flat as investors weighed the higher payout against ongoing interest rate and mortgage market risks, with analyst consensus showing a “Moderate Buy” and an average 12-month price target of $24.22.
Verizon rises as Dow strength returns VZ to dividend spotlight

Verizon rises as Dow strength returns VZ to dividend spotlight

13 June 2026
Verizon surged 2.49% to $48.11 Friday, lifting the Dow as investors favored dividend payers ahead of the July 24 earnings event; with a 5.9% yield and improved postpaid phone adds, the stock trades at 9.6–9.7 times expected 2026 earnings, but heavy debt and limited analyst upside keep risk-reward balanced.
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