Haixing Shares Hit Three Limit-Ups in Four Days, H1 Profit Seen Up 50-57%
Haixing Shares recorded its third limit-up in four trading days on August 5, lifting cumulative gains to 23.24% with a turnover rate of 9.61%. The stock's latest A-share market capitalisation stood at RMB18.975 billion. The company projects first-half net profit to rise 50% to 57% year-on-year. Recent trading showed heavy volatility, with main capital inflows on most sessions, including RMB121.6 million on July 31 and RMB65.6 million on July 23, while outflows occurred on August 3 and July 22.
Haixing Shares hit the daily limit-up again on August 5, recording its third limit-up in four trading days, with a cumulative gain of 23.24% and cumulative turnover of 9.61%. As of 9:48, the stock had traded 4.0672 million shares on the day, with turnover of RMB304 million and a turnover rate of 1.66%. The latest total A-share market capitalisation reached RMB18.975 billion.
Recent trading data show that on August 4, the stock rose 10.00% with a turnover rate of 2.86% and net main capital inflow of RMB40.1371 million; on August 3, it fell 7.41% with a turnover rate of 3.69% and net main capital outflow of RMB5.852 million; on July 31, it rose 10.01% with a turnover rate of 1.4% and net main capital inflow of RMB121.6001 million; on July 30, it fell 9.96% with a turnover rate of 4.77% and net main capital inflow of RMB1.1764 million.
On July 29, the stock rose 3.1% with a turnover rate of 5.21% and net main capital inflow of RMB48.2637 million; on July 28, it fell 8.23% with a turnover rate of 4.88% and net main capital inflow of RMB25.8347 million; on July 27, it rose 10.00% with a turnover rate of 4.35% and net main capital inflow of RMB47.2162 million; on July 24, it fell 1.45% with a turnover rate of 3.81% and net main capital inflow of RMB0.4142 million; on July 23, it rose 4.85% with a turnover rate of 5.4% and net main capital inflow of RMB65.6192 million; on July 22, it fell 7% with a turnover rate of 3.74% and net main capital outflow of RMB33.4281 million.