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Taiji Industrial Shares Up 7.12% on 24.11% Turnover; First-Quarter Net Profit RMB 129 Million

Published: Updated: By 24TopNews Editorial Desk

Taiji Industrial shares rose 7.12% on August 12, with a turnover rate of 24.11% and transaction value of RMB 11.007 billion. Dragon-tiger list data showed a net selloff of RMB 320 million, while Shanghai Connect recorded net buying of RMB 18.43 million. Main capital posted a net outflow of RMB 873 million on the day. The company reported first-quarter net profit of RMB 129 million, up 9.48% year on year, on revenue of RMB 6.658 billion.

On August 12, Taiji Industrial shares rose 7.12%, with a full-day turnover rate of 24.11%, transaction value of RMB 11.007 billion and an amplitude of 7.88%. Dragon-tiger list data showed Shanghai Connect recorded net buying of RMB 18.43 million, while brokerage seats recorded combined net selling of RMB 338 million.

Shanghai Stock Exchange public information showed the stock was listed on the dragon-tiger list due to its daily turnover rate of 24.11%. The top five buying and selling seats recorded combined transactions of RMB 1.963 billion, comprising buying of RMB 822 million and selling of RMB 1.141 billion, for a combined net selling of RMB 320 million. Shanghai Connect was both the largest buying seat and the largest selling seat, with buying of RMB 298 million and selling of RMB 280 million, for a combined net buying of RMB 18.43 million.

In fund flow terms, main capital recorded a net outflow of RMB 873 million on the day, comprising very large order net outflow of RMB 563 million and large order net outflow of RMB 310 million. Over the past five days, main capital recorded a net inflow of RMB 307 million.

Margin trading data showed that as of August 11, the stock's margin balance stood at RMB 1.744 billion, comprising a financing balance of RMB 1.72 billion and a securities lending balance of RMB 23.71 million. Over the past five days, the financing balance decreased by RMB 23.32 million, down 1.34%, while the securities lending balance increased by RMB 5.15 million, up 27.73%.

The company's first-quarter report showed operating revenue of RMB 6.658 billion, down 0.91% year on year, and net profit of RMB 129 million, up 9.48% year on year.