Yunnan Germanium Hits Daily Limit-Up, Up 10%, Turnover Exceeds 1.6 Billion Yuan
Yunnan Germanium hit its third consecutive daily limit-up, rising 10% to RMB 90.98. Turnover reached RMB 5.726 billion, with cumulative gains of 33.11% and a turnover rate of 20.50% over the streak. Total market capitalization stood at RMB 59.421 billion. Margin financing balance rose 2.82% from the prior session to RMB 3.761 billion. The stock was on the Dragon-Tiger List, with net institutional buying of RMB 717 million.
Yunnan Germanium hit the daily limit-up during trading, marking its third consecutive limit-up. As of 9:44 a. m. , the stock stood at RMB 90.98, with a turnover rate of 9.72%, volume of 63.4599 million shares, and turnover of RMB 5.726 billion. The value of pending buy orders at the limit price was RMB 933 million. During the consecutive limit-ups, the stock accumulated a gain of 33.11%, with a cumulative turnover rate of 20.50%. The latest total A-share market capitalization reached RMB 59.421 billion, with float market cap of RMB 59.413 billion.
Margin trading data showed that as of Aug. 5, the stock's margin balance was RMB 3.761 billion, with financing balance of RMB 3.723 billion, up RMB 102 million from the previous trading day, a sequential increase of 2.82%. Over the past three days, the cumulative increase was RMB 122 million, up 3.38%. According to the Dragon-Tiger List, the stock appeared on the list once due to a daily price deviation of 7%, with Shenzhen-Hong Kong Stock Connect showing net buying of RMB 9.7372 million, while brokerage seats on the buy and sell sides together recorded net buying of RMB 717 million.
Yunnan Lincang Xinyuan Germanium Industry Co. , Ltd. was founded on Aug. 19, 1998, with a registered capital of RMB 653.12 million. The stock has experienced notable price swings recently. On Aug. 5, it rose 10.00% with a turnover rate of 4.77% and net main capital inflow of RMB 648.93 million; on Aug. 4, it gained 10.01% with turnover of 6.02% and net main inflow of RMB 927.20 million; on Aug. 3, it advanced 2.09% with turnover of 11.60% and net main inflow of RMB 33.55 million. Earlier, on Jul. 31, it rose 8.33%; on Jul. 30, it fell 7.73%; on Jul. 29, it dropped 5.85%; on Jul. 28, it slid 9.99%; on Jul. 27, it gained 1.23%; on Jul. 24, it rose 1.96%; and on Jul. 23, it increased 1.84%.