Bosera SSE STAR Artificial Intelligence ETF(588790.SH)

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Bosera SSE STAR Artificial Intelligence ETF
588790.SH
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[Fact Check] Cambricon Denies Chinese AI Chipmaker's 2026 Full-Year Revenue Guidance Is Below Expectations

Cambricon Technologies has denied rumors that its 2026 revenue guidance is below market expectations, stating that only official figures should be referenced. The company refuted claims of a projected revenue of CNY20 billion, significantly lower than earlier estimates of CNY30 billion to CNY50 billion. Following these rumors, Cambricon's shares fell 9.2% to CNY1,128. Despite a strong performance last year, the company reported a slowdown in profit and revenue growth starting in Q3 2022, with expectations of a decline in Q4 profits.

Yicai·
SH
688256
-5.32%
Yicai·
SH
688256
-5.32%

Cambricon clarifies that it has never organized any small-scale communication recently

Cambricon's stock price fell nearly 10%, currently reported at 1,119.98 RMB. The company issued a statement pointing out that it has noticed the dissemination of false information online regarding the company's recent organization of small-scale communications. The company has not organized any small-scale communications recently and has not issued any annual or quarterly revenue guidance data. Please refer to the information publicly disclosed by the company for relevant information. Cambricon emphasized that the company's current R&D progress is smooth, and operations are steadily advancing

AASTOCKS·
SH
688256
-5.32%
AASTOCKS·
SH
688256
-5.32%

Montage Technology set to price Hong Kong $902 million listing at top of range

Montage Technology, a Chinese semiconductor designer, is set to price its Hong Kong listing at HK$106.89 per share, raising up to HK$7.04 billion ($902 million). The company plans to use the proceeds for R&D, strategic investments, and working capital. The offering has attracted 17 cornerstone investors, including JPMorgan and UBS. Shares are expected to debut on February 9, with pricing finalized by February 5. Montage, founded in 2004, focuses on integrated circuits for data movement in servers, amid China's push for domestic chip alternatives due to U.S. export restrictions.

Reuters·
SH
688008
-6.11%
HK
06809
0.00%
Reuters·
SH
688008
-6.11%
HK
06809
0.00%

The three major A-share indices of Shanghai and Shenzhen rose by 0.4% to 0.9% in the first half of the day, with Cambricon falling nearly 13% and aerospace military industry stocks strengthening

The three major A-share indices rose by 0.4% to 0.9% in the half-day session. The central parity rate of the RMB against the USD was adjusted up by 87 points to 6.9608. The People's Bank of China conducted a 105.5 billion yuan seven-day reverse repurchase operation, with the interest rate maintained at 1.4%. The Shanghai Composite Index closed at 4,031 points, the Shenzhen Component Index at 13,952 points, and the ChiNext Index at 3,289 points. Domestic bank stocks were slightly weak, the three major oil stocks continued to decline, and AI chip stock Cambricon fell nearly 13%. Aerospace and military industry stocks performed strongly, with an increase of 8.2% to 11.3%

AASTOCKS·
SH
688256
-5.32%
AASTOCKS·
SH
688256
-5.32%

Cambrian Stock Experiences Significant Intraday Decline

Today, Cambrian's stock price experienced a sharp intraday drop, falling nearly 14% at one point, with the total market value retreating to approximately 450 billion yuan. According to PANews, a representative from Cambrian's board secretary office commented on the stock's decline, stating, "We are not entirely sure about the reasons behind the price fluctuation. There are many rumors in the market, which are certainly false. Additionally, there is considerable volatility in secondary market funds and sentiment, so we advise everyone to approach this rationally."

CoinLive·
SH
688256
-5.32%
CoinLive·
SH
688256
-5.32%
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