Shanghai, Jan 25, 2026, 09:55 (GMT+8) — Market closed
- OmniVision Integrated Circuits Group Class A shares ended Friday at 129.40 yuan, marking a 0.4% increase.
- The stock has dropped roughly 1.1% in the past five sessions but remains up close to 2.8% year-to-date.
- Traders are focused on the A/H price gap, chip policy updates, and crucial macro data set for this week.
OmniVision Integrated Circuits Group, Inc.’s Shanghai-listed Class A shares (603501.SS) closed Friday at 129.40 yuan, ticking up 0.4% on the day after swinging between 128.17 yuan and 130.60 yuan. The stock has slipped roughly 1.1% over the last five sessions but remains up about 2.8% year to date. 1
Mainland markets are closed for the weekend, so all eyes turn to Monday’s open to see if shares can hold close to 130 yuan without any new company updates. A-shares, priced in yuan, trade on mainland exchanges and typically react to shifts in domestic risk appetite and policy cues.
Some of that price action has moved offshore. OmniVision’s H shares on the Hong Kong market (0501.HK) ended Friday at HK$113.40, up 1.6%, continuing their recovery after a midweek drop. 2
OmniVision’s dual listing is still fresh. The company pulled in about HK$4.8 billion from its Hong Kong debut, pricing shares at HK$104.80 each. It plans to funnel most of that cash into research and development. Already listed in Shanghai, OmniVision claims it will rank as the world’s third-largest supplier of digital image sensors by 2024 revenue share. 3
Onshore sentiment dipped ahead of the weekend, though some segments of the chip sector showed resilience. The CSI 300 index closed Friday 0.45% lower, whereas Hong Kong’s Hang Seng China Semiconductor Chips Index gained 0.75%. 4
Investors are keeping a close watch on Beijing’s approach to restricting foreign chip supplies. Nvidia CEO Jensen Huang was spotted in Shanghai as questions loom over whether Chinese regulators will permit imports of Nvidia’s H200 AI chip, according to a Reuters report. The uncertainty follows customs directives to block the chip from entering the country. 5
OmniVision’s main bullish argument leans more on cameras than AI accelerators. Analyst Wu Wenji from China Post Securities maintained a “buy” rating in a November note, pointing to growth fueled by automotive imaging and emerging gadgets like smart glasses, though he also highlighted risks around execution and demand. 6
The downside is well-known: consumer electronics can shift fast. Analysts covering the company’s Hong Kong debut highlighted uncertainty in the CMOS image sensor (CIS) market this year — those chips that turn light into digital images in cameras — and cautioned that cost pressures elsewhere in the handset supply chain could weigh on orders. 7
Outside of China, global risk appetite faces a key test: the U.S. Federal Reserve’s meeting on January 27-28. The policy decision is set for January 28, as listed on the central bank’s calendar. 8
Looking ahead in Asia, January 31 stands out as China’s official manufacturing PMI drops. This gauge of factory output often shifts sentiment on electronics and export markets. 9
