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SHA:688072.SS News 1 February 2026

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

Shanghai, Feb 1, 2026, 09:51 GMT+8 — The market has closed. Piotech Inc’s yuan-denominated A-shares (688072.SS) on the Shanghai Stock Exchange’s STAR Market closed Friday down 2.47% at 352.74 yuan, putting the semiconductor-equipment stock on the back foot heading into Monday. (StockAnalysis) The timing is key as the wider chip-equipment sector also lost steam. On Friday, the SSE STAR Market…
1 February 2026
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Stock Market Today

  • NSE CEO Ashishkumar Chauhan Eyes IPO Listing by Diwali; Experts Call for Tax Rationalization and Investment Liberalization
    February 1, 2026, 1:35 AM EST. Ahead of India's Union Budget, NSE CEO Ashishkumar Chauhan expressed hope to see the National Stock Exchange listed by this year's Diwali Muhurat trading session. Market experts like Nilesh Shah of Kotak Mahindra AMC called for tax rationalization for foreign portfolio investors (FPIs), highlighting inconsistencies where some tax-exempt foreign entities face Indian taxes. Shah and others urged fiscal prudence, infrastructure spending, and a more liberalized investment climate. Gautam Chhaochharia from UBS emphasized the need for policy stability and potential positive tax reforms. Chauhan acknowledged the government's reliance on the Securities Transaction Tax (STT) generating ₹60,000-70,000 crore annually, noting any STT removal must find alternative revenue sources. Experts' combined focus is on fostering long-term growth through liberalization and streamlined investment processes.
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