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NASDAQ:TACT 22 May 2026

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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Stock Market Today

  • Insider Buying Alert: Aurora Innovation (AUR) and Pics (PICS) Surge on Purchases
    June 15, 2026, 3:24 PM EDT. Insider buying signals confidence as Aurora Innovation Director David M. Wehner bought 82,500 shares of AUR at $6.04 each, totaling nearly $500,000. AUR shares rose about 2.7% Monday, peaking at $6.48, reflecting a 7.3% gain on Wehner's stake. Similarly, Pics' IR Officer Cazotto Andre Augusto acquired 49,500 shares at $9.41, investing $465,795. Augusto's average price over three purchases now stands at $11.37 per share. Pics gained roughly 2.2% Monday, reaching $11.63 intraday, representing a 23.6% paper profit on the latest buy. These moves often indicate insiders expect stock prices to appreciate, signaling potential growth prospects for both companies.

Latest articles

Joby Aviation Rises 7% as Air Taxi Names Rally, FAA Approval in Focus

Joby Aviation Rises 7% as Air Taxi Names Rally, FAA Approval in Focus

15 June 2026
Joby Aviation surged 7% to $9.79 on heavy volume amid a broad risk-on rally, not company-specific news, as investors await FAA testing milestones, U.S. pilot-program operations, and Dubai commercial flights; Joby remains unprofitable with a $9.23 billion valuation and $2.47 billion cash, while analysts hold a mixed "Reduce" consensus.
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