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SHA:688072.SS 1 February 2026 - 2 February 2026

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

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.
Piotech Class A stock price slips into weekend — what to watch before Shanghai trading reopens

Piotech Class A stock price slips into weekend — what to watch before Shanghai trading reopens

Piotech Inc’s A-shares fell 2.47% to 352.74 yuan at Friday’s close on Shanghai’s STAR Market, after a state-backed fund cut its stake to 16.50% via block trades totaling 8.43 million shares. The broader semiconductor-equipment sector also declined, with a key theme index down about 1% mid-session. Trading in Piotech shares was volatile, with turnover reaching 2.02 billion yuan. Investors are watching for further shareholder moves next week.
1 February 2026

Stock Market Today

  • Coronado Global Resources Price Target Revised as UBS Upgrades Shares
    April 4, 2026, 1:11 PM EDT. Coronado Global Resources (ASX:CRN) sees its price target lowered to A$0.37 from A$0.40 by Jefferies, with a Hold rating reflecting updated commodity price assumptions on PLV met coal and Newcastle thermal coal. UBS has upgraded the shares, signaling increased confidence in the stock within the Australia metals and mining sector. CEO Douglas G. Thompson announced his forthcoming resignation while supporting a transition. FY26 guidance forecasts saleable production of 16-17 million tonnes and capital expenditure of A$150-175 million. Operations at Mammoth Underground Mine remain suspended after a fatal incident in early 2026. Analysts maintain a cautious yet optimistic tone as revenue growth estimates slightly decrease from 8.7% to 8.48%.
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