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SHA:688072 News 25 January 2026 - 26 January 2026

Piotech Class A stock in focus: Friday jump, Big Fund trim and Monday meeting ahead

Piotech Class A stock in focus: Friday jump, Big Fund trim and Monday meeting ahead

Piotech shares closed Friday at 376.03 yuan, up 3.3%, after the National Integrated Circuit Industry Investment Fund cut its stake to 16.86% via block trades. Shareholders meet Jan. 26 in Shenyang to vote on board changes, including a new director. The fund’s share sale remains unfinished. Traders are watching for further selling and the stock’s reaction when Shanghai reopens Monday.
Piotech stock price rises despite China chip fund stake cut — what to watch next (688072)

Piotech stock price rises despite China chip fund stake cut — what to watch next (688072)

Piotech’s Class A shares rose 3.3% to 376.03 yuan Friday after the National Integrated Circuit Industry Investment Fund cut its stake to 16.86% via block trades. The fund sold nearly 3 million shares between Jan. 13 and Jan. 22. Traders await Monday’s market reopening and a shareholder meeting set for Jan. 26.

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.
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