Demingli Shares Close Down 1.06% After Hitting Limit Up on July 31, Turnover 17.36 Billion Yuan, Shenzhen-HK
Demingli shares closed 1.06% lower on July 31 after briefly hitting the daily limit up and then reversing. Turnover reached 17.36 billion yuan with a turnover rate of 25.61%. After-market data showed the Shenzhen-HK Stock Connect desk bought 761 million yuan and sold 1.31 billion yuan, resulting in a net sell of over 500 million yuan. One institutional desk net bought 14.96 million yuan, while two others net sold 444 million yuan. Huatai Securities Suzhou Wuzhong Avenue net bought 467 million yuan.
Demingli shares fell 1.06% on July 31, with turnover reaching 17.36 billion yuan and a turnover rate of 25.61%. After-market data from the stock exchange showed that the Shenzhen-Hong Kong Stock Connect desk bought 761 million yuan and sold 1.31 billion yuan. One institutional desk recorded a net buy of 14.96 million yuan, while Huatai Securities Suzhou Wuzhong Avenue net bought 467 million yuan. Two other institutional desks net sold 444 million yuan.
During the morning session, Demingli shares briefly hit the daily limit up before breaking the limit and then steadily declined, turning negative by the close. By 10:57 a. m. , turnover had already exceeded 10 billion yuan, reaching 10.12 billion yuan with a turnover rate of 14.63%, surpassing the previous full-day turnover of 11.37 billion yuan. By 11:21 a. , turnover further increased to 11.46 billion yuan, with the share price up 4.00% and a turnover rate of 16.64%. The final closing turnover settled at 17.36 billion yuan.