Margin Buying Concentrates in Top Stocks; One Issue Exceeds 30% of Turnover
Margin buying data for the day shows the top three stocks by purchase amount were Zhongji Innolight, GigaDevice and Changxin Technology, receiving RMB 7.73 billion, RMB 4.321 billion and RMB 3.689 billion, respectively. One stock had a margin buying proportion exceeding 30% of its total turnover, with Jiamu Electric, Tongyu Communication and China Energy Engineering leading at 30.97%, 26.04% and 25.18%. Net buying was led by Cambricon, Zijin Mining and Tongfu Microelectronics.
This data reflects the scale distribution of margin buying on the day. The top three stocks by purchase amount were Zhongji Innolight, GigaDevice and Changxin Technology, which saw purchases of RMB 7.73 billion, RMB 4.321 billion and RMB 3.689 billion, respectively. These figures occupied a prominent position in the total margin buying for the day. In terms of the proportion of margin buying to total turnover for the day, one stock exceeded 30%. Jiamu Electric, Tongyu Communication and China Energy Engineering ranked the top three, with proportions of 30.97%, 26.04% and 25.18%, respectively. This indicator shows the degree of participation of margin funds in trading of specific stocks. Cambricon, Zijin Mining and Tongfu Microelectronics ranked the top three in net buying, at RMB 702 million, RMB 495 million and RMB 483 million, respectively. These figures reflect the net inflow of margin funds at the individual stock level.