Institutional Seats Net Sell RMB 141 Million; Xiaocheng Tech and Yunnan Germanium See Net Buying
On August 6, the Shanghai Composite Index rose 0.57%. Institutional seats net bought Xiaocheng Tech by RMB 233.04 million, while Shenzhen Connect net bought Yunnan Germanium by RMB 243 million. Institutional net buying stocks averaged an 11.29% gain, with several hitting the daily limit. Conversely, institutional seats net sold RMB 94.62 million in Cjinfu and RMB 92.62 million in Tianyu Digital, among others. The total institutional net selling across all listed stocks reached RMB 141 million.
On August 6, the Shanghai Composite Index rose 0.57%. Among stocks with net institutional buying, Xiaocheng Tech closed up 2.97% with a full-day turnover rate of 33.19% and turnover of RMB 3.638 billion. It appeared on the list due to a daily turnover rate of 33.19%. Among the top five buying and selling business departments, six institutional special seats collectively net bought RMB 233.0423 million. The Shenzhen Connect special seat net sold RMB 30.8878 million, while business department seats collectively net sold RMB 42.1997 million. The stock saw a full-day net capital outflow of RMB 84.6723 million.
Huilv Ecology closed at the daily limit with a turnover rate of 12.21% and turnover of RMB 2.779 billion. It appeared on the list due to a daily price deviation of 9.94%. Institutional special seats collectively net bought RMB 146.7284 million, Shenzhen Connect net sold RMB 126 million, and business department seats net bought RMB 19.9773 million. The stock saw a full-day net capital inflow of RMB 295 million.
Yunnan Germanium closed at the daily limit with a turnover rate of 11.97% and turnover of RMB 7.063 billion. Institutional special seats collectively net bought RMB 101.3571 million, Shenzhen Connect net bought RMB 243 million, and business department seats net bought RMB 135 million. Stocks with net institutional buying rose an average of 11.29% that day, with Weiergao and Xintian Technology closing at the daily limit.
Cjinfu appeared on the list due to no price fluctuation limits. Institutional special seats collectively net sold RMB 94.6233 million, while the stock saw a full-day net capital inflow of RMB 256 million. Tianyu Digital appeared on the list due to a daily turnover rate of 27.13%. Institutional special seats collectively net sold RMB 92.6153 million, Shenzhen Connect net sold RMB 35.1826 million, and business department seats net bought RMB 32.5511 million. Other stocks with net selling included ST Jia'ang, ST Tianji, Juren New Materials, Weiqi Technology, Bojie Shares, Kexiang Shares, Shenwu Energy Saving, Longxin Intelligent, Hongban Technology, Shudao Equipment, Xinxing Tools, Jiangwu Equipment, Haohua Energy, Chuanzhi Education, Tuolunsi, Xianglu Tungsten, and BAIC BluePark.
Regarding Shenzhen and Shanghai Connect, among stocks appearing on the Dragon and Tiger List on August 6, 22 stocks had Shenzhen Connect or Shanghai Connect seats among their top five buying and selling business departments. Stocks with net buying included Yunnan Germanium (RMB 243 million), Zhongjuxin (RMB 19.5061 million), and BAIC BluePark (RMB 16.8459 million). Stocks with net selling included Huilv Ecology (RMB 126 million), Kexiang Shares (RMB 63.2422 million), and Duofuduo (RMB 56.7230 million).