
6088.HK News Today: Stay Updated with the Latest FIT Hon Teng Limited News in Real Time
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U.S. Mortgage Rates Fall to 6.47% as Iran Peace Deal Eases Inflation Fears, June 19
30-year mortgage rates fall to 6.47% on Iran peace deal and lower inflation concerns. 15-year rates at 5.81%.

New Defra Minister Faces Farming Crisis as Costs Soar, June 20
New Defra minister Stephen Morgan warns of severe farming pressures from rising fuel and fertiliser costs squeezing UK agriculture.

SpaceX Stock Falls 6.5% as Post-IPO Rally Cools, June 20
SpaceX stock falls 6.5% to $178.50 after post-IPO rally fizzles amid valuation concerns and profit-taking.

Hong Kong Launches RMB Bond Futures as China Cuts US Treasury Holdings
Hong Kong launches RMB bond futures August 3 as China trims US Treasury holdings to $651.1 billion, lowest since 2008, amid geopolitical uncertainty.

Yum Brands Sells Pizza Hut for $2.7B, Exits 50-Year Legacy
Yum Brands sells Pizza Hut for $2.7 billion to LongRange Capital and Yum China, ending 50 years of shared ownership amid U.S. delivery competition.

Japan Clears LDP Politician Yamaguchi in SNS Campaign Case, June 19
Tokushima prosecutors drop charges against LDP politician Yamaguchi over 1.5 million yen SNS campaign contract, ruling social media work was not…

XRP Holds at $1.13 as $1.4 Billion ETF Inflows Meet Key $1.30 Resistance
XRP is consolidating in a tight range this June. XRP price traded near $1.13 on June 12, 2026, after dipping as low as $1.09 during the session, setting a fresh year-to-date low. Spot XRP ETF inflows have reached $1.43 billion in cumulative capital since launching in November 2025, even as the price kept declining. That…

SanDisk Jumps 11% as Apple Confirms Memory Price Pass-Through, June 19
SanDisk stock surges after Apple confirms memory price hikes unavoidable amid chip shortage, boosting NAND flash supplier pricing power.

Admiral Shares Drop 4% After RBC Downgrade and Price Target Cut to 3,450p
Admiral Group shares came under pressure after RBC Capital Markets downgraded the stock and reduced its price target to 3,450p, triggering a sharp 4% decline in trading. The move reflects growing concerns about future earnings growth, dividend prospects, and challenges in the UK motor insurance market. As investors reassess the insurer’s outlook in June 2026,…