Today: 15 June 2026
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NASDAQ:FUTU 12 April 2026 - 24 May 2026

Futu Faces $271 Million Hit in China This Week

Futu Faces $271 Million Hit in China This Week

Futu Holdings shares fell 27.5% to $89.76 Friday after China’s securities regulator proposed a 1.85 billion yuan ($271 million) penalty over alleged unlicensed operations in mainland China. The Nasdaq-listed firm lost about a third of its value in a week. U.S. markets are closed until Tuesday for Memorial Day. Futu reports first-quarter earnings on May 28.
UP Fintech Shares Drop in Premarket After Crackdown on Tiger Brokers in China

UP Fintech Shares Drop in Premarket After Crackdown on Tiger Brokers in China

UP Fintech’s Nasdaq-listed shares fell 34.47% to $3.83 in premarket trading after China’s securities regulator said its Tiger Brokers unit, Futu, and Longbridge operated unlicensed cross-border securities businesses for mainland investors. The regulator plans to confiscate illegal gains and impose penalties. UP Fintech is set to report first-quarter results on June 2.
China Closes Retail Access to Overseas Stocks

China Closes Retail Access to Overseas Stocks

China’s securities regulator ordered Tiger Brokers, Futu Securities International, and Longbridge Securities to wind down unapproved cross-border trading for mainland clients, citing illegal operations. Shares of Futu and Tiger parent UP Fintech plunged over 30% in U.S. premarket trading. Existing clients have two years to sell assets and withdraw funds, but cannot make new trades. Authorities plan to confiscate illegal gains.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 12.04.2026

Futu Holdings (FUTU) rose 10.2% in the past week but trades 13.4% below its January level. Shares closed at $154.50, while analysts estimate intrinsic value at $245.48. The company posted a 92.2% return over 12 months. Valuation models indicate earnings exceed risk costs, supporting long-term growth projections.

Stock Market Today

  • Oil Prices Hit Three-Month Low as US-Iran Peace Deal Boosts Global Stocks
    June 15, 2026, 4:24 AM EDT. Oil prices fell to a three-month low, with West Texas Intermediate crude dropping 6% to $79.72 a barrel, as global markets rallied following a US-Iran peace deal. The pan-European Stoxx 600 index rose 0.9% to a record 639 points, driven by gains in mining and travel shares, while oil company stocks declined. Asia-Pacific markets surged, with Japan's Nikkei up 5%, fueled by expectations of the reopening of the Strait of Hormuz, a key oil shipping route. Analysts noted the deal reduced geopolitical risks driving down energy prices, a major factor in inflation and investor sentiment. However, full oil flow recovery is expected to take until the end of the third quarter due to logistical and infrastructure challenges post-conflict.

Latest articles

Meta Adjusts AI Plans, Zuckerberg Says Missteps Followed Staff Pushback

Meta Adjusts AI Plans, Zuckerberg Says Missteps Followed Staff Pushback

15 June 2026
Meta CEO Mark Zuckerberg admitted mistakes in the company’s rapid AI workforce overhaul as internal tensions rise, but Meta is still ramping up AI investment with 2026 capital expenditures now forecast at $125–$145 billion, up from previous guidance, citing higher component prices and data center costs.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 15.06.2026

15 June 2026
LIVEMarkets rolling coverageStarted: June 15, 2026, 4:00 AM EDTUpdated: June 15, 2026, 4:27 AM EDT Oil Prices Hit Three-Month Low as US-Iran Peace Deal Boosts Global Stocks June 15, 2026, 4:24 AM EDT. Oil prices fell to a three-month low, with West Texas Intermediate crude dropping 6% to $79.72 a barrel, as global markets rallied following a US-Iran peace deal. The pan-European Stoxx 600 index rose 0.9% to a record 639 points, driven by gains in mining and travel shares, while oil company stocks declined. Asia-Pacific markets surged, with Japan’s Nikkei up 5%, fueled by expectations of the reopening of
Dow Futures Tick Up, Oil Drops After U.S.-Iran Deal, SpaceX IPO in Focus

Dow Futures Tick Up, Oil Drops After U.S.-Iran Deal, SpaceX IPO in Focus

15 June 2026
Dow, S&P 500, and Nasdaq futures rose Sunday evening after reports of a U.S.-Iran peace deal that would reopen the Strait of Hormuz, sending oil prices down over 4% as traders anticipated resumed energy shipments; SpaceX shares surged 19.2% in their Nasdaq debut, closing at $160.95 and pushing market cap above $2 trillion, while investors await confirmation of the deal and details on shipping normalization.
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