Xinlian Integrated-U Block Trade: 850,000 Shares at RMB 5.95 Million, 10.26% Discount
Xinlian Integrated-U (Xinlian Integrated Circuit Manufacturing Co. , Ltd.) executed a block trade on July 31 involving 850,000 shares worth RMB 5.95 million at RMB 7.00 per share, a 10.26% discount to the closing price. In the past three months, three block trades totaled RMB 12.06 million. The stock rose 0.91% that day to RMB 7.80, with a turnover rate of 3.34% and net main-capital outflow of RMB 7.69 million.
Xinlian Integrated-U executed a block trade on July 31 with a volume of 850,000 shares and a total value of RMB 5.95 million. The transaction price of RMB 7.00 per share represented a 10.26% discount to the day's closing price. The buying brokerage was Huafu Securities Co. , Ltd. Fuzhou Wuyi North Road Securities Branch, and the selling brokerage was Industrial Securities Co. Quanzhou Fengze Street Securities Branch.
Over the past three months, the stock has recorded three block trades with a combined value of RMB 12.06 million. On July 31, Xinlian Integrated-U closed at RMB 7.80, up 0.91%, with a daily turnover rate of 3.34% and trading volume of RMB 1.56 billion. Main capital saw a net outflow of RMB 7.69 million for the day. Over the past five trading days, the stock gained 4.84%, while total capital saw a net outflow of RMB 184 million. The stock's latest margin balance stood at RMB 1.63 billion, down RMB 115 million or 6.60% over the past five trading days.
Xinlian Integrated Circuit Manufacturing Co. was founded on March 9, 2018, with a registered capital of RMB 8,382,687,172.