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SHE:300274 News 1 February 2026

Sungrow shares jump as China export rebate shake-up nears — what to watch before Shenzhen reopens

Sungrow shares jump as China export rebate shake-up nears — what to watch before Shenzhen reopens

Shanghai, Feb 1, 2026, 07:53 GMT+8 — Market closed Sungrow Power Supply Co., Ltd. Class A shares rose 3.2% to 151 yuan on Friday, following the company’s response to investor concerns about upcoming changes to China’s export tax rebate system for solar and batteries. Shenzhen markets were closed Sunday. (TradingView) Why it matters now: Beijing is cutting back on value-added…
1 February 2026
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Stock Market Today

  • Stock Markets Fall as Chip Stocks and Miners Weaken Amid Fed Chair Nomination
    February 1, 2026, 2:40 AM EST. U.S. stocks closed lower on Friday as the S&P 500 dropped 0.43%, Dow Jones fell 0.36% to a 1.5-week low, and Nasdaq 100 declined 1.28%. The drop followed President Trump's nomination of Kevin Warsh as Federal Reserve Chair, signaling less support for deep interest rate cuts. Treasury yields rose to a one-week high, gold and precious metals plunged, pressuring mining stocks. Higher-than-expected December U.S. producer prices added hawkish Fed policy concerns. Mixed Fed comments contrasted on the need for rate cuts. A tentative deal to avert a U.S. government shutdown provided some relief. Markets face ongoing uncertainty as Fed Chair Powell's term ends in May amid earnings season.
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