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SHA:600703.SS 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

Sanan Optoelectronics shares fell 0.8% to 16.03 yuan in Shanghai after the company narrowed its 2025 net loss forecast to 200–300 million yuan. A Jan. 31 filing showed the controlling shareholder pledged 40.7 million more shares, bringing total pledged shares to 46.56% of holdings. Investors await the audited annual report, due April 25.
2 February 2026
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Stock Market Today

  • Investors Misinterpret Fed Support, Greenspan Put a Myth
    June 23, 2026, 9:18 AM EDT. Wall Street investors expect the Federal Reserve to act as a safety net during market downturns, often referred to as a 'put' option. However, the belief in a 'Warsh put'-named after former Fed official Richard Warsh-and the 'Greenspan put' is misplaced. The Federal Reserve's response during the dot-com crash reflected adherence to policy rules rather than efforts to protect stock portfolios directly. This misunderstanding could lead investors to overestimate the Fed's market interventions, impacting investment strategies and risk assessments.

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