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STAR Market Sees 105 Stocks with Turnover Above 5%, Index Up 0.45% on 373.9B Yuan Volume

Published: Updated: By 24TopNews Editorial Desk

On August 6, the STAR 50 Index rose 0.45% to close at 1,701.29 points, with total turnover of 373.941 billion yuan and a weighted average turnover rate of 2.64%. Among 612 tradable stocks, 105 had turnover rates exceeding 5%, led by Zhongju Core with 32.2%. The electronics sector dominated high-turnover names. Main capital inflows were led by Shijia Photon, while leverage funds favored Bowei Storage. Two companies reported interim results, with China Special Gas up 95.63%.

On August 6, the STAR 50 Index rose 0.45% to close at 1,701.29 points. The STAR Market recorded a full-day volume of 5.852 billion shares, with turnover of 373.941 billion yuan and a weighted average turnover rate of 2.64%. Among the tradable STAR Market stocks that day, 377 closed higher, of which 11 rose more than 10%, including two stocks hitting the daily limit (Kaiweite and Zhongju Core), and 46 rose between 5% and 10%; 233 closed lower.

By turnover rate distribution, 4 stocks had turnover above 20%, 21 between 10% and 20%, 80 between 5% and 10%, 127 between 3% and 5%, 278 between 1% and 3%, and 102 below 1%. The highest turnover was Zhongju Core, which closed at the daily limit with a full-day turnover rate of 32.20% and turnover of 4.944 billion yuan. Second was Oulai New Materials, up 14.15% with a turnover rate of 28.00% and turnover of 1.098 billion yuan. Other top turnover names included China Special Gas, Suocheng Technology, and Tainuomabo, with turnover rates of 21.24%, 20.80%, and 19.29%, respectively.

Among stocks with turnover above 5%, 87 rose that day, with the top gainers being Zhongju Core, Youyan Silicon, and Oulai New Materials, up 19.99%, 14.80%, and 14.15%, respectively. The top decliners were *ST Zhuoran, Changxin Technology, and BeiGene, down 7.66%, 4.31%, and 4.13%, respectively. By industry, among high-turnover stocks, the electronics sector had the most at 54, followed by machinery and equipment with 17 and computers with 11.

In terms of capital flows, 70 high-turnover stocks saw net main capital inflows. The largest inflows were Shijia Photon, Lianrui New Materials, and Xinqi Microelectronics, with net inflows of 376 million yuan, 328 million yuan, and 283 million yuan, respectively. The largest outflows were Changxin Technology, Leader Harmonious, and Puan Shares, with net outflows of 2.967 billion yuan, 256 million yuan, and 255 million yuan, respectively. Regarding leverage funds, 46 high-turnover stocks saw net margin buying recently. As of August 5, the largest increases in margin balance over the past five days were Bowei Storage, Puan Shares, and Lianxun Instruments, up 502 million yuan, 453 million yuan, and 143 million yuan, respectively. The largest decreases were Changxin Technology, Changguang Huaxin, and Xinrui Shares, down 919 million yuan, 335 million yuan, and 205 million yuan, respectively.

On the earnings front, among high-turnover stocks, two have published interim reports, with net profit growth rates of 95.63% for China Special Gas and 45.30% for Shijia Photon. One stock, BeiGene, has released an interim performance forecast, with net profit growth of 627.10%.