Focuslight Technologies Hits Daily Limit at RMB 245.52; H1 Net Loss RMB 67.23 Million
Focuslight Technologies hit the daily limit up on the STAR Market on August 12, closing at RMB 245.52 with turnover of RMB 1.526 billion and a turnover rate of 5.13%. The company reported a first-half net loss of RMB 67.23 million, down 169.55% year-on-year, despite a 6.57% rise in revenue to RMB 419 million. The stock saw a net main-fund outflow of RMB 187 million on the prior session but a five-day net inflow of RMB 25.28 million.
During trading on August 12, Focuslight Technologies, a STAR Market stock, hit the daily limit up. As of 09:52, the share price stood at RMB 245.52, with turnover of RMB 1.526 billion, a turnover rate of 5.13%, and an amplitude of 19.80%.
The STAR Market as a whole was active, with 494 stocks rising and 108 falling as of the time of writing. Leading gainers included Focuslight Technologies, Maixinlin, and Oulai New Materials, up 20.00%, 11.59%, and 11.45%, respectively; the biggest decliners were Weimaisi, Shangwei New Materials, and Yaokang Biologics, down 3.76%, 2.93%, and 2.71%, respectively.
In terms of fund flows, Focuslight Technologies saw a net outflow of RMB 187 million in main funds on the previous trading day, while the cumulative net inflow over the past five days was RMB 25.2757 million. Margin trading data showed that as of August 11, the stock's total margin balance stood at RMB 1.434 billion, with financing balance at RMB 1.433 billion, down RMB 71.6648 million from the previous trading day, a decrease of 4.76%; securities lending balance was RMB 1.7346 million, down RMB 1.339 million, a decrease of 43.57%. Over the past 10 days, the total margin balance decreased by RMB 147 million, a drop of 9.30%, with financing balance down 9.17% and securities lending balance down 58.38% during the period.
The company's semi-annual report released on August 8 showed that it achieved operating revenue of RMB 419 million in the first half, up 6.57% year-on-year; net profit was RMB -67.2288 million, down 169.55% year-on-year.