Yingxin Development Hits Daily Limit, Institutional Net Selling 18.81M RMB
Yingxin Development surged to its daily limit on August 24, with a turnover rate of 9.12% and transaction value of 1.456 billion RMB. Institutional seats net sold 18.8072 million RMB, while Shenzhen-Hong Kong Stock Connect net sold 2.4604 million RMB, and trading departments net bought 394 million RMB. The stock was listed on the Dragon-Tiger List due to an 11.67% daily deviation. Over the past six months, it appeared five times on the list, with average declines of 1.56% the next day and 3.48% after five days.
Yingxin Development hit its daily limit on August 24, with a full-day turnover rate of 9.12%, transaction value of 1.456 billion RMB, and amplitude of 7.43%. According to Dragon-Tiger List data, institutional seats net sold 18.8072 million RMB, Shenzhen-Hong Kong Stock Connect net sold 2.4604 million RMB, and trading department seats collectively net bought 394 million RMB. Shenzhen Stock Exchange public information showed that the stock was listed on the list that day due to a daily price deviation of 11.67%, with institutional dedicated seats net selling 18.8072 million RMB and Shenzhen-Hong Kong Stock Connect net selling 2.4604 million RMB.
The top five buying and selling trading departments on the list had a combined transaction value of 658 million RMB, with buying transaction value at 515 million RMB and selling transaction value at 143 million RMB, resulting in a net buying of 373 million RMB. Specifically, two institutional dedicated seats appeared on the list today, namely the third and fourth largest sellers, with a combined buying amount of 28.2552 million RMB and selling amount of 47.0624 million RMB, totaling a net selling of 18.8072 million RMB. Shenzhen-Hong Kong Stock Connect was the fifth largest buying department and the largest selling department, with buying amount of 45.7583 million RMB and selling amount of 48.2187 million RMB, totaling a net selling of 2.4604 million RMB.
Over the past six months, the stock has appeared on the Dragon-Tiger List five times, with an average decline of 1.56% the day after listing and 3.48% five days after listing. In terms of capital flow, today the stock saw a net inflow of 493 million RMB in main capital, including a net inflow of 591 million RMB in super-large orders and a net outflow of 97.548 million RMB in large orders. Over the past five days, the net inflow of main capital was 619 million RMB.
Margin trading and securities lending data show that the stock's latest (as of August 21) margin balance was 158 million RMB, with financing balance at 156 million RMB and securities lending balance at 1.6689 million RMB. Over the past five days, the financing balance increased by a total of 51.5624 million RMB, up 49.27%, while the securities lending balance increased by a total of 512,300 RMB, up 44.30%.