XPeng stock sinks on January delivery update as China EV demand jitters hit sector
Shares of XPeng Inc fell Monday following the release of its January delivery figures, adding to the early-month pressure on U.S.-listed Chinese EV stocks.
Lithium price slips again in China — why Albemarle and SQM are down before the bell
Lithium prices in China slipped once more on Tuesday. Battery-grade lithium carbonate was last pegged at 153,500 yuan per metric ton, dropping 2,000 yuan from the previous day, according to Shanghai Metals Market data.
Lithium price slips again in China as Albemarle, SQM slide before the bell
Battery-grade lithium carbonate — the refined chemical essential for lithium-ion batteries — kept sliding in China Monday. The Shanghai Metals Market index dropped to 154,434 yuan per metric ton, according to SMM. Prices for battery-grade material ranged between 145,000 and 166,000 yuan a ton, while industrial-grade traded slightly lower at 142,000 to 162,000 yuan, SMM noted. China’s top lithium carbonate futures contract wavered sharply in a 132,400-152,800 yuan band as upstream sellers stayed cautious and downstream buyers probed for cheaper deals.
National Silicon Industry Group (688126.SS) stock drops nearly 3% — what traders are watching in China’s wafer name
Shares of National Silicon Industry Group’s Shanghai-listed Class A stock dropped 2.8% to 21.78 yuan by 10:26 a.m., down from yesterday’s close at 22.41 yuan. So far, the stock has traded between 21.61 and 22.26 yuan, according to Investing.com data.
OmniVision Integrated Circuits Group Class A stock price: what to watch before Shanghai opens after China PMI slip
OmniVision Integrated Circuits Group’s A-shares on Shanghai’s exchange caught attention before Monday’s session, having dropped 1.37% to 121.20 yuan on Friday. These A-shares refer to mainland-listed stocks traded in yuan.
China PMI slip puts ESWIN Material’s 688783 A-shares in focus before Shanghai open
Xi'an ESWIN Material Technology Co., Ltd.’s A-shares face pressure ahead of Monday’s open following a drop in China’s official factory gauge back into contraction. The decline could hit chip-supply stocks linked to utilisation rates and pricing.
Sungrow Power (300274.SZ) shares in focus ahead of open after Friday jump as China PMI slips
Sungrow Power Supply Co., Ltd. shares look poised to open higher Monday, following gains in the last session. Investors are digesting weak China factory data and its possible impact on demand for new energy equipment.
China Life Insurance A-shares (601628.SS) brace for Monday open after PMI slips below 50
China Life Insurance Co Ltd’s A-shares ended the session up 0.2% at 49.72 yuan on the Shanghai Stock Exchange. Investors are weighing weekend data suggesting a sluggish start to the year for the economy ahead of Monday’s open. The stock traded between 49.00 and 50.70 yuan during the session, still shy of its 52-week peak at 51.92 yuan.
CATL stock price in focus as China PMI slips into contraction and BYD sales slide again
Contemporary Amperex Technology Co., Limited Class A shares ended the day 2.37% higher at 350 yuan, after fluctuating between 344.10 and 353.76 during trading, according to market data. The stock, listed in Shenzhen, has a 52-week range from 209.11 to 424.36.
Bank of China A-shares face Monday test after China PMI slides below 50
Bank of China Limited Class A shares start Monday facing a softer China activity report, with official data revealing both factory and services sectors contracted in January. The stock ended Friday steady at 5.37 yuan, unchanged, after moving between 5.35 and 5.43 yuan during the session.
China Construction Bank Class A stock price: PMI slump and home-price data set up Monday’s trade
China Construction Bank Corp’s Class A shares on the Shanghai exchange ended Friday at 8.72 yuan, slipping 0.05 yuan. Investors appeared cautious ahead of new updates on China’s economic growth and property sector. https://stockanalysis.com/quote/sha/601939/
Alibaba stock slips into Monday: China PMI shock and AI chip access are the next tests
Alibaba Group Holding’s shares listed in the U.S. dropped 2.7% Friday, closing at $169.56. The stock continued its decline for a second day as investors weighed fresh risks from China and the U.S. Trading volume hit roughly 10.8 million shares.
Vale (VALE) stock drops 5% as China PMI slips — what to watch before Feb. 12 results
Vale’s shares on the U.S. market closed Friday down 5.1% at $16.07, having swung between $15.96 and $16.84 during the session. Trading picks up again Monday.
Fortescue share price: China PMI slips, iron ore futures ease as key February dates loom
Fortescue shares kicked off the week under pressure as fresh data over the weekend showed a dip in China’s factory output. The miner’s stock ended Friday down 2.7%, closing at A$21.00 on the Australian Securities Exchange.
JCET stock price: A-shares end higher as China PMI drop puts Monday in play
JCET Group Co., Ltd. A-shares closed Friday 1.02% higher at 49.48 yuan, slipping within a range of 47.90 to 50.14 during the session. With mainland markets closed Sunday, the stock is set to hold steady ahead of Monday’s open.
GigaDevice Semiconductor Class A stock price: Friday lift holds as Feb. 11 vote and China data shape the week ahead
GigaDevice Semiconductor’s Class A shares on the Shanghai Stock Exchange ended Friday at 314.88 yuan, gaining 2.4% ahead of the weekend halt in mainland China’s trading. Over the past 52 weeks, the stock has swung between 98.87 yuan and 331.07 yuan.
Sungrow shares jump as China export rebate shake-up nears — what to watch before Shenzhen reopens
Sungrow Power Supply Co., Ltd. Class A shares rose 3.2% to 151 yuan on Friday, following the company's response to investor concerns about upcoming changes to China’s export tax rebate system for solar and batteries. Shenzhen markets were closed Sunday.
China Life Insurance Class A (601628) heads into Monday with 200 billion yuan bond plan in focus
China Life Insurance Co Ltd’s Shanghai-listed Class A shares head into the week amid speculation over a possible government move. The question on investors’ minds: will China use special government bonds to shore up capital for its largest state insurers? Bloomberg News says the plan could unlock about 200 billion yuan, targeting state-backed firms like China Life, People’s Insurance Company Group of China, and China Taiping Insurance Group. Neither China Life nor the National Financial Regulatory Administration responded to requests for comment, and Reuters has yet to confirm the report.
China Mobile Class A stock price: 600941 heads into Monday after China PMI shock and a UBS downgrade
China Mobile’s Class A shares on the Shanghai exchange slipped 0.6% to 96.38 yuan on Friday, tracking the wider market downturn. The stock offers a trailing dividend yield close to 5%, according to data, yet it remains roughly 4.6% lower year-to-date.
China Construction Bank Class A stock (601939) in focus: PMI slump and new gold rules set up Monday trade
China Construction Bank Corporation Class A shares closed Friday at 8.72 yuan, slipping 0.57%, on volume of roughly 112.36 million shares. The Shanghai Composite dropped 0.96%, finishing at 4,117.95.
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