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SHA:600703.SS News 2 February 2026

Sanan Optoelectronics (600703.SS) A-share slips after revised 2025 loss forecast, share-pledge filing draws focus

Sanan Optoelectronics (600703.SS) A-share slips after revised 2025 loss forecast, share-pledge filing draws focus

Shanghai, Feb 2, 2026, 10:06 (GMT+8) — Regular session Sanan Optoelectronics shares slipped 0.8% to 16.03 yuan on Monday following a weekend update where the company narrowed its forecasted full-year loss for 2025. The stock had ended the previous session at 16.16 yuan. (Investing) Timing is key. The updated forecast came after markets closed, making Monday’s session the first real…

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  • US, Asian Shares Slide as Oil Prices Drop and Fed Uncertainty Weighs
    February 2, 2026, 12:33 AM EST. U.S. futures and Asian shares declined sharply on Monday, mirroring Wall Street's retreat. South Korea's Kospi plunged 4.6%, pressured by fears of an artificial intelligence bubble which hit tech stocks like Samsung Electronics and SK Hynix. Oil prices fell over $2 per barrel, with U.S. crude dropping to $62.41 and Brent crude to $66.32, as President Trump's comments on Iran eased supply disruption concerns. The market remains jittery ahead of Senate approval for Kevin Warsh, Trump's nominee to lead the Federal Reserve, a key factor for interest rate policy. Gold prices slipped 1% while silver bounced back. Investors are cautious amid surging U.S. wholesale inflation, challenging expectations for rate cuts and raising doubts over Federal Reserve independence.
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