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SHA:688008.SH News 20 January 2026

Montage Technology (688008) stock jumps 4% in Shanghai as traders chase the profit outlook

Montage Technology (688008) stock jumps 4% in Shanghai as traders chase the profit outlook

Montage Technology Class A shares surged 4.2% to 144.73 yuan in early Shanghai trading after the company forecast a 52–66% jump in 2025 net profit, citing AI-driven chip demand. Turnover reached 7.23 billion yuan with strong margin-financing inflows. Investors await updates on the firm’s planned Hong Kong listing and audited annual report.

Stock Market Today

Meta stock faces an AI split: ad gains vs a $135 billion bill

Meta stock faces an AI split: ad gains vs a $135 billion bill

7 February 2026
Meta shares dropped 1.3% to $661.46 on Friday after the company projected 2026 capital spending of up to $135 billion, raising investor concerns over cash flow. Meta reported Q4 revenue of $59.89 billion, up 24% year-over-year, with ad impressions rising 18%. Analysts remain divided on whether AI-driven ad gains can offset the steep spending ramp.
IAG share price jumps toward a 52-week peak — what to watch before London reopens

IAG share price jumps toward a 52-week peak — what to watch before London reopens

7 February 2026
IAG shares rose 4.33% to 438.50 pence Friday, near their 52-week high, ahead of full-year results due later this month. The company reported 162,073,135 treasury shares and total voting rights of 4,565,128,012. Brent crude fell 2.2% Thursday to $67.93 a barrel. South Europe Ground Services logged 712,340 operations in 2025 and seeks approval to operate in Portugal.
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