SHA:688012.SS 2 February 2026

Piotech Class A stock slips in early Shanghai trade as PMI data keeps chip-equipment names on edge

Piotech Class A shares fell 0.8% to 349.90 yuan in early Shanghai trading Monday after China’s official manufacturing PMI dropped to 49.3 in January, signaling contraction. Other chip-tool stocks, including Advanced Micro-Fabrication Equipment and Naura Technology, also declined. Investors are awaiting a private PMI due later Monday for further signals on demand.

2 February 2026

SHA:688012.SS·SHA:688072.SS·SHE:002371.SZ·Stock Market

3 Key Market Drivers to Watch Amid Iran Conflict and Oil Price Volatility
April 5, 2026, 12:04 PM EDT. The stock market remains focused on the evolving conflict with Iran, with investors closely monitoring its impact on oil prices and inflation data. This week, the first inflation figures reflecting the recent surge in oil prices will be released, potentially influencing market sentiment. Oil prices continue to steer stock market movements as the conflict disrupts the crucial Strait of Hormuz shipping lane. While hope for a swift resolution fuels optimism, geopolitical risks persist, especially with mixed signals from Washington and Tehran. An all-clear for stocks depends heavily on sustained declines in oil prices, unlikely until shipping normalizes. The market faces uncertainty as elevated oil prices exert pressure on the global economy and corporate profits, keeping investors cautious despite recent stock rebounds.