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Luxshare Precision Records RMB265 Million Block Trade; Institutional Seat Buys, China Merchants Unit Sells

Published: Updated: By 24TopNews Editorial Desk

Luxshare Precision recorded a RMB265 million block trade on August 11, with 4.77 million shares changing hands at RMB55.63 apiece. The buyer was an institutional special seat while China Merchants Securities trading unit (052300) sold. The stock closed at RMB55.63, down 0.29%, with a turnover rate of 1.16%. Over the past three months, the company has completed 31 block trades totaling RMB1.65 billion. Main capital saw a net outflow of RMB148 million on the day.

Luxshare Precision saw a single transaction on its block trading platform on August 11, with 4.7663 million shares changing hands at RMB55.63 per share, for a total consideration of RMB265 million. The buying desk was an institutional special seat, while the seller was China Merchants Securities trading unit (052300). Over the past three months, the stock has recorded 31 block trades with combined proceeds of RMB1.648 billion.

The stock closed at RMB55.63 on the day, down 0.29%, with a daily turnover rate of 1.16% and trading volume of RMB4.698 billion. Main capital funds saw a net outflow of RMB148 million for the session. Over the past five sessions, the stock has gained 0.27%, while cumulative capital outflows reached RMB2.628 billion. Margin trading data show the stock's latest margin financing balance at RMB6.701 billion, up RMB609 million, or 9.99%, over the five-session period.