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Zijin Mining Block Trade Hits RMB12.65 Million at 7.74% Discount

Published: Updated: By 24TopNews Editorial Desk

Zijin Mining Group completed a block trade on September 2 involving 416,200 shares worth RMB12.65 million, priced at RMB30.40 per share, a 7.74% discount to the closing price. The stock closed at RMB32.95, down 2.31%, with net main capital outflow of RMB532 million. Over the past three months, 22 block trades totaling RMB667 million were executed. Margin financing balance stood at RMB10.461 billion, down 4.24% in five days.

On September 2, Zijin Mining Group executed a block trade involving 416,200 shares at a total value of RMB12.65 million, with a transaction price of RMB30.40 per share, representing a 7.74% discount to the day's closing price. The buying broker was GF Securities' Xiamen Huandao East Road branch, while the selling broker was SDIC Securities' Fujian branch. Over the past three months, the stock has seen 22 block trades with a combined value of RMB667 million.

On the same day, Zijin Mining closed at RMB32.95, down 2.31%, with a daily turnover rate of 1.15% and trading volume of RMB7.762 billion. Main capital saw a net outflow of RMB532 million. Over the past five trading days, the stock has declined 4.41%, with cumulative net capital outflows reaching RMB1.893 billion.

Margin trading data showed that the stock's latest margin financing balance stood at RMB10.461 billion, down RMB463 million, or 4.24%, over the past five days.