SHA:688783.SS 2 February 2026

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.

2 February 2026

China Economy·SHA:688783.SS·Stock Market

Vanguard Mega Cap Growth ETF to Undergo 5-for-1 Stock Split Amid Volatility and Growth Promise
April 4, 2026, 10:31 AM EDT. Vanguard is implementing a 5-for-1 stock split on its Mega Cap Growth ETF (MGK) effective April 21, aiming to make shares more accessible by lowering the price to about $70. MGK, the second-best performing Vanguard ETF over the past decade with an 18.3% annual return, focuses heavily on 10 mega-cap tech giants that comprise nearly 68% of its holdings. Despite facing multiple significant drawdowns of 20% or more in recent years, the fund has outperformed the S&P 500, demonstrating resilient long-term gains. The ETF trades at a premium valuation with a price-to-earnings ratio of 31.1, compared to 25.1 for the Vanguard S&P 500 ETF, reflecting confidence in continued earnings growth potential among its concentrated portfolio.