New Hope Hits Daily Limit, Institutions Net Buy RMB126mn
New Hope Group's shares hit the daily limit on September 4, with institutional net buying of RMB126 million and Shenzhen-Hong Kong Stock Connect net buying of RMB46.99 million. The stock saw a turnover rate of 4.02% and trading value of RMB1.36 billion. Main capital inflows reached RMB261 million, while margin balance stood at RMB627 million as of September 3.
New Hope Group's shares hit the daily limit on September 4, with a turnover rate of 4.02% and trading value of RMB1.36 billion, representing an amplitude of 10.32%. According to Shenzhen Stock Exchange public data, the stock was listed due to a daily price deviation of 10.79%. Dragon-Tiger List data showed institutional special seats recorded net buying of RMB126 million, Shenzhen-Hong Kong Stock Connect net buying of RMB46.99 million, while brokerage seats recorded net selling of RMB138 million. The top five buying and selling seats recorded total trading of RMB499 million, with buying turnover of RMB267 million and selling turnover of RMB232 million, resulting in a net buying of RMB35.14 million.
Specifically, among the listed seats, four institutional special seats appeared, with total buying of RMB155 million and selling of RMB28.97 million, resulting in a net buying of RMB126 million. Shenzhen-Hong Kong Stock Connect was the largest buying seat and the second-largest selling seat, with buying of RMB110 million and selling of RMB63.18 million, resulting in a net buying of RMB46.99 million. In terms of capital flow, the stock saw main capital net inflow of RMB261 million, including large orders net inflow of RMB246 million and big orders net inflow of RMB15.30 million. Over the past five days, main capital net inflow reached RMB230 million.
Margin trading data showed that as of September 3, the stock's margin balance stood at RMB627 million, with financing balance of RMB627 million and securities lending balance of RMB178,500. Over the past five days, financing balance decreased by RMB6.37 million, a decline of 1.01%, while securities lending balance decreased by RMB87,300, a decline of 32.85%.