Shanghai, Feb 1, 2026, 10:30 GMT+8 — Market closed
- Rockchip Electronics’ Class A shares ended at 191.32 yuan on Jan. 30, holding steady from the previous session.
- Shares surged past 209 yuan last week but then plunged back to 185 yuan.
- Investors are sizing up the company’s preliminary 2025 earnings forecast amid a softer China factory report and new data set to arrive Monday.
Rockchip Electronics Co., Ltd.’s Class A shares on the Shanghai Stock Exchange closed at 191.32 yuan on Jan. 30, up 0.01%, and head into Monday’s session after last week saw prices swing between a 209.81 yuan peak and a 185.11 yuan trough. The stock surged 7.11% on Jan. 27 before dropping 5.06% two sessions later, according to Investing.com data. (英为财情 Investing.com)
This stock matters as a barometer for mainland investors gauging “edge AI” hardware — chips designed to handle AI tasks locally, bypassing the cloud. Rockchip produces application processor chips for AIoT, short for “artificial intelligence of things,” meaning connected devices with enhanced computing power.
The weekend macro data isn’t offering much support. China’s most recent factory activity dipped back into contraction, dragging down sentiment around consumer electronics and industrial spending. That’s true even with the broader AI narrative in play.
Traders remain focused on the company’s latest outlook as Monday approaches. The forecast is so tight that any fresh macro data could quickly shift the story.
But these figures remain preliminary and unaudited. The company cautioned that further spikes in memory prices—or shortages and sharp cost increases in upstream materials—could weigh on both demand and expenses. In a Jan. 27 filing, it projected 2025 revenue between 4.39 billion and 4.43 billion yuan, roughly a 40% rise. Net profit attributable to shareholders is expected to hit 1.02 billion to 1.10 billion yuan, an increase of about 72% to 85%. The company pointed to rapid AIoT growth, steady demand for chips like RK3588, RK3576, and RV11, and noted that a slowdown in the third quarter caused by DDR memory shortages and higher prices had eased by the fourth quarter. (Cnstock Paper)
China’s official manufacturing PMI slipped to 49.3 in January from 50.1 in December, dipping below the 50 threshold that marks expansion. Huo Lihui, a statistician at the National Bureau of Statistics, pointed to a seasonal slowdown and “weak market demand.” Nomura’s chief China economist, Ting Lu, warned Beijing will have to “do much more” in the months ahead to keep growth above 4.5% this year. (Reuters)
Given that context, Monday’s open hinges less on a single headline and more on how the tape plays out: will buyers continue to hold the stock within the 190–200 yuan range after last week’s sharp swings?
If prices slip below last week’s lows, it will reveal whether the recent surge was driven by genuine “edge AI” confidence or just momentum chasing.
The next key event is Feb. 2, when the Caixin manufacturing PMI for January will be released — a private gauge closely monitored for an early indication of demand as the new month begins. (Investing)
