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SHA:688008.SS News 19 January 2026 - 1 February 2026

Montage Technology Class A stock price jumps on Hong Kong H-share offer — what to watch next week

Montage Technology Class A stock price jumps on Hong Kong H-share offer — what to watch next week

Montage Technology shares jumped 12.1% in Shanghai Friday, closing at 181.85 yuan after announcing a Hong Kong H-share offering. The company set a maximum offer price of HK$106.89 per share, with final pricing due Feb. 6 and trading to start Feb. 9. The public offer in Hong Kong closes Feb. 4. Traders are watching for pricing and demand signals.
1 February 2026
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Montage Technology stock set for scrutiny after HBM comment jars traders

Montage Technology stock set for scrutiny after HBM comment jars traders

Shanghai, Jan 26, 2026, 07:08 (GMT+8) — Premarket Shares of Shanghai-listed Montage Technology Co., Ltd. Class A (688008.SS) drew attention before Monday’s trading as the stock dropped 4.7% in the previous session, closing at 160.02 yuan. (MarketWatch) The pullback is significant because Montage has emerged as a favored China-listed play on the AI data-centre expansion, driven by the need for faster connections between processors and memory. But the trade leans heavily on slogans as much as actual shipments, and investors tend to react swiftly to any shortfall. Another cloud looms over the tape: fresh supply could hit the market. Reuters
26 January 2026
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Montage Technology stock price jumps 5% on AI profit outlook — what to watch for 688008 before Shanghai open

Montage Technology stock price jumps 5% on AI profit outlook — what to watch for 688008 before Shanghai open

SHANGHAI, Jan 19, 2026, 09:04 GMT+8 — Premarket Montage Technology Co., Ltd.’s Shanghai-traded Class A shares (688008.SS) are set for Monday following a strong gain on Friday, fueled by a positive full-year profit forecast. The stock closed at 142.59 yuan, climbing 5.47% on volume near 64.62 million shares. Over the past 52 weeks, the shares have fluctuated between 62.00 yuan and 169.90 yuan, according to Investing.com data. (Investing.com) The timing is crucial. China’s push into AI has driven funds into chip makers tied to servers and memory, with investors betting heavily on future earnings to sustain the momentum. Montage’s products
19 January 2026
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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