Weekly Stock Movements: A Coal Stock Hits Five Consecutive Limit-ups, ZTE Gains Main Capital Inflows
This week (June 1 to 5), with the exception of the Beijing Stock Exchange 50 Index, all major A-share indices declined. The Shanghai Composite fell 1% for the week, the Shenzhen Component dropped 1.67%, the ChiNext fell 1.98%, and the Sci-Tech Innovation Composite Index fell 2.18%.
Bullish and Bearish Stocks: A Coal Stock Hits Five Consecutive Limit-ups, 18 Stocks Fall Over 20%
Wind data shows that 26 stocks rose more than 30% this week. The biggest gainer was Dayou Energy, up 61.19% for the week. In addition, Huifeng Diamond, Energy Conservation Tielong, Red Star Development, and six other stocks all rose more than 50% this week.
Coal stocks remained strong this week, with concept stock Dayou Energy hitting five consecutive limit-ups; synthetic diamond concept stocks performed actively, with Huifeng Diamond also rising over 50% last week.
On the decline list, among the stocks that fell this week, 18 stocks fell more than 20%. Apart from a few delisted stocks, Xin Tianli fell 32.57% for the week, leading the declines.
Main Capital: Six Sectors Attract Capital Inflows, ZTE Gains Over 3 Billion Yuan
According to Shenwan primary industry classification, six industries—retail, banking, oil and petrochemicals, steel, light manufacturing, and home appliances—saw net inflows of main capital this week, with retail and banking each receiving over 8 billion yuan.
In terms of net outflows, three industries saw net selling of over 100 billion yuan. Electronics, power equipment, and public utilities led the net outflows, at 413.23 billion yuan, 301.46 billion yuan, and 127.59 billion yuan, respectively.
On individual stocks, ZTE, BOE A, and Accelink Technologies saw the largest net inflows of main capital this week, at 31.76 billion yuan, 30.67 billion yuan, and 18.05 billion yuan, respectively. In terms of net outflows, Zhongji Innolight, Shenghong Technology, and Sungrow Power led net outflows, at 59.3 billion yuan, 58.31 billion yuan, and 49.95 billion yuan, respectively.
Institutional Research Stocks: TCL Technology Attracts 169 Institutions
Wind data shows that institutions surveyed 309 listed companies this week, with TCL Technology the most popular, attracting 169 institutions. In addition, Orbbec-W was surveyed by more than 71 institutions, and Yuegui Co., Ltd. was surveyed by 59 institutions.
In terms of total survey frequency, Qiaofeng Intelligent and Tayho New Materials were surveyed 4 times, while Wolong Electric Power and Qifeng New Materials were surveyed 3 times.
In terms of survey industry, institutions continue to focus on sectors such as electrical equipment, electronic components, industrial machinery, and integrated circuits.
Institutions Favor 64 Stocks for the First Time This Week
Wind data shows that institutions paid attention to 64 stocks for the first time this week, with 9 stocks given target prices.
- Green Union Technology was given an "Overweight" rating by Guoxin Securities with a target price of 87.80 to 93.9 yuan. The stock's latest closing price was 65.38 yuan.
- Jiangsu Jiao Cheng Ultrasound was favored by Guojin Securities with a target price of 210.58 yuan. As of the latest closing, the stock was at 161.01 yuan.
- Other stocks included Lianxun Instrument, Muxi Co., Ltd.-U, BeiGene, and Insteon Innovation.
(This article is sourced from China Business News)
