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SHA:688783.SS 2 February 2026

China PMI slip puts ESWIN Material’s 688783 A-shares in focus before Shanghai open

China PMI slip puts ESWIN Material’s 688783 A-shares in focus before Shanghai open

Xi'an ESWIN Material shares face pressure before Monday’s open after China’s official factory PMI fell to 49.3 in January, signaling contraction. The stock closed at 26.29 yuan on Jan. 30, down 1.39% over five sessions but up 10.46% year-to-date. ESWIN forecasts 2025 revenue at 2.65 billion yuan with a net loss near 738 million yuan. Traders await the company’s annual report due April 21.

Stock Market Today

  • Crypto Markets Hold Steady Despite Iran Conflict Risks
    March 15, 2026, 6:55 AM EDT. Cryptocurrency prices remained stable following military actions involving Iran, with Bitcoin edging above $71,000 and Ethereum, Solana, and XRP showing resilience. Direct exposure to the conflict is minimal; official Bitcoin mining in the region is under 0.5% globally. However, crypto as an asset class remains vulnerable to broader market sell-offs triggered by geopolitical tensions, particularly amid potential disruptions like the closure of the Strait of Hormuz, a critical oil route. This could spark an energy crisis and economic downturn, which historically pressures risk assets including cryptocurrencies. Investors with a short-term horizon may want to exercise caution, but long-term holders should consider these developments without panic selling.
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