Today: 11 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.
24 May 2026
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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.
22 May 2026
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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.
22 May 2026
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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.
12 April 2026
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Stock Market Today

  • Honeywell Upgrade: Positive Outlook Ahead of Aerospace Spin-Off
    June 11, 2026, 3:22 PM EDT. Honeywell (HON) shares rise post investor day as the company preps for its June 29 Aerospace business spin-off. The industrial firm has reshaped its portfolio by divesting slower-growth units and acquiring growth boosters, targeting 4-6% organic sales growth and 10%+ EPS growth through 2026. Trading at 19.5 times consensus 2026 adjusted EPS, Honeywell is valued below peers like RTX and Emerson Electric, suggesting undervaluation. With spin-off completion near, analysts upgrade the rating to buy, planning to repurchase shares after recent sell-offs, anticipating re-rating to peer valuation levels.

Latest articles

VOYG jumps after BTIG buy call, SpaceX IPO talk heats up

VOYG jumps after BTIG buy call, SpaceX IPO talk heats up

11 June 2026
Voyager Technologies soared 17% to $48.26 after BTIG initiated coverage with a Buy rating and $55 price target, fueling a rally amid surging investor interest in space and defense stocks ahead of SpaceX’s IPO; VOYG’s gains outpaced the broader market as analysts cited its acquisition-driven growth and rising backlog, while the stock traded above consensus targets and below its 52-week high.
EchoStar Gains as SpaceX IPO Buzz Lifts SATS Shares

EchoStar Gains as SpaceX IPO Buzz Lifts SATS Shares

11 June 2026
EchoStar shares jumped 9.1% to $125.67 as investor focus on its $19.6 billion spectrum deals with SpaceX intensified ahead of SpaceX’s expected $75 billion IPO at a $1.8 trillion valuation, with analysts and traders viewing EchoStar as a key proxy for SpaceX exposure and regulatory approval boosting its asset story despite ongoing pay-TV and broadband declines.
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