Huashengchang Hits Daily Limit with 17.61% Turnover, Institutions Net Sell RMB78.38 Million

Huashengchang hit the daily price limit on September 8, with a full-day turnover rate of 17.61%, transaction value of RMB2.289 billion, and an amplitude of 6.92%. According to public information from the Shenzhen Stock Exchange, the stock was listed on the Dragon-Tiger list due to a daily price deviation of 10.14%. On that day, institutional special seats recorded a combined net sell of RMB78.3819 million, Shenzhen Connect recorded a net buy of RMB30.0869 million, and brokerage seats recorded a combined net buy of RMB11.0242 million.

The top five buying and selling seats had a combined transaction value of RMB917 million, with buy-side turnover of RMB440 million and sell-side turnover of RMB477 million, resulting in a combined net sell of RMB37.2707 million. Specifically, five institutional special seats appeared, with a combined buy amount of RMB174 million and sell amount of RMB252 million, resulting in a combined net sell of RMB78.3819 million. Shenzhen Connect was the largest buying and selling seat, with a buy amount of RMB215 million and sell amount of RMB185 million, resulting in a combined net buy of RMB30.0869 million.

In terms of capital flow, the stock saw a net inflow of RMB7.2162 million from main funds on that day, with super-large orders recording a net inflow of RMB45.6661 million and large orders recording a net outflow of RMB38.4498 million. Over the past five days, main funds recorded a net inflow of RMB731 million. In the past six months, the stock has appeared on the Dragon-Tiger list 17 times, with an average price increase of 1.20% the day after listing and an average increase of 7.95% five days after listing.