China Fund News Amman
The flag bearer of the bull market ceased, and Hillhouse concept stocks triggered the best part of the market!
Hillhouse Capital bought a 6 per cent stake in Longji for 15.8 billion, the company said in an announcement on the afternoon of December 20th. In early trading on the 21st, Longji shares jumped 8% higher, standing at a market capitalization of 3000.
As of the midday close, Longji shares rose by the daily limit, with a total market capitalization of 322.1 billion yuan, up 29.2 billion yuan from the previous trading day.
At the price of 70 yuan per share obtained by Zhang Lei, the 226 million Longji shares acquired by Zhang Lei have already earned 3.5 billion yuan.
The Ningde era, which was also favored by Zhang Lei, soared by more than 6% today, with a total market capitalization of more than 700 billion.
Zhang Lei has his eye on photovoltaic industry.
Hillhouse Capital's star effect has spread from the primary market to the secondary market.
Since the beginning of this year, the pharmaceutical sector of Hillhouse has ushered in a bull market that has not been seen for many years, and then Hillhouse has frequently launched new energy sectors, successively invested in Ning Times, Enjie shares, NIO Inc. Automobile and other new energy leading enterprises. Recently, Hillhouse has taken a fancy to the photovoltaic plate.
In addition to 15.8 billion becoming the second-largest shareholder in Longji shares, Tongwei shares announced on the evening of December 9 that it had subscribed for about 500m yuan from Hillhouse Capital's China value fund, which announced the results of a nearly 6 billion increase in orders.
Data show that Tongwei has become a vertically integrated photovoltaic enterprise with the production of high-purity silicon in the upstream, the production of high-efficiency solar cells in the middle reaches, and the construction of terminal photovoltaic power stations, and has formed a complete photovoltaic new energy industry chain with independent intellectual property rights.
Tongwei shares rose 8.65% on the 10th after the disclosure of the private offering of shares on December 9, and the cumulative increase of nearly 30% as of December 18, according to the report that Hillhouse Capital bought shares.
After Xinyi Energy, a Hong Kong stock, announced on the morning of September 14 that its rights issue was subscribed by Hillhouse, its share price rose 11.03% to an all-time high. Since then, the share price has risen for many days in a row. On October 8, Xinyi Energy closed at 4.93 yuan, up 81.25% from September 14.
Hillhouse continues to increase the news of the photovoltaic industry, stimulating Xinyi Energy to hit a new high on the 21st. Today, the stock rose more than 11% in intraday trading, and the stock rose more than 8% as of press time.
Several plates were active, the market recovered 3400 points, and northward funds increased their positions by 5.3 billion in half a day.
On December 21, the stock indexes of the two cities fluctuated and rose in early trading, subject stocks blossomed, photovoltaic, seed industry and semiconductors led the market, and Longji shares were once closed. Ningde era rose more than 6%, golden arowana rose more than 5%, both set an all-time high, pushing up the gem.
Liquor stocks continue to be strong, Wuliangye, Luzhou laojiao, Yanghe shares are refreshing new highs. Auto stocks continue to be active, Dongfeng Motor 5 boards on the 6th, Great Wall Motor, Jiangling Motor rose sharply. The Shanghai Composite Index rose 0.58% at midday, while the gem Index rose 2.23%. The net purchase of northbound funds is over 5.3 billion yuan.
The first photovoltaic ETF soared nearly 8% after two days on the market.
Just launched on the 18th, photovoltaic ETF listed only two trading days, an increase of nearly 8 per cent. The turnover on the first day of listing reached 775 million yuan, while today, only half a day, the turnover of the ETF has reached 830 million yuan.
The China Securities Photovoltaic Industry Index tracked by photovoltaic ETF takes the stocks of listed companies whose main business is related to the upper, middle and lower reaches of the photovoltaic industry chain as sample stocks, and selects no more than 50 most representative companies as sample stocks to reflect the overall performance of photovoltaic industry companies. The total market capitalization of the top 10 components of the China Securities Photovoltaic Industry Index reached 927.7 billion, with a combined weight ratio of 62.64%, including Tongwei shares, Longji shares, Sunshine Power and other stocks.
Half a year later, Jimin Pharmaceutical once again fell to the limit.
Fall by the limit for four days in a row!
Since its sudden collapse on December 16, Jimin Pharmaceuticals has fallen by its daily limit for four consecutive trading days, with its share price down nearly 35% and its total market capitalization lost 4.6 billion. Nearly 450000 orders are pressed on the falling limit board, which means that 1.2 billion of the funds want to escape.
For investors who have owned Jimin Pharmaceutical for a long time, this half-year is undoubtedly too unlucky. Because the company's stock price is always falling by the limit all of a sudden.
First, on June 12, June 15, and June 16, 2020, Jimin Pharmaceutical suddenly closed three consecutive one-word limit, and its share price flashed.
Half a year later, on December 16, December 17, December 18, and December 21, the company's share price suddenly closed four times in a row.
The share price of Jimin Pharmaceutical has also fallen from 57.45 yuan six months ago to 27.42 yuan now, which has halved.
When the company plummeted in June, the company said that recently, it had received reports from a number of investors that there were people in the market who used WeChat group, QQ group and studio to recommend to investors to buy our shares. The company has also been concerned about the media coverage of the incident on the Internet. After self-examination by the company, controlling shareholders, actual controllers, directors, supervisors and senior managers, none of the parties planned or participated in the event, nor authorized others to plan or participate in the incident, which had nothing to do with the incident.
The continuous fall of the limit in December made many investors exclaim, "another Rendong?"
Hong Kong stocks "kill pig plate", flash collapse more than 86%
The A-share most powerful meat grinder Rendong Holdings spent more than 10 trading days, the share price halved. But Hong Kong stocks and leisurely International did it in one day.
As soon as the morning trading opened on the 21st, Kuangyi International suddenly collapsed, falling more than 86% at one point. As of press time, the stock fell nearly 80%, an all-time low.
The fund gentleman noticed that it was revealed that because someone leaked the Jiancang layout of the stock, the main force fled quickly.
Others said that a teacher suggested to buy HK $0.25, and now he can earn 50%. Others said that the teacher suggested that the opponent's order would be smashed during the collective bidding this morning, so don't panic.
Various signs show that this is obviously thousands of shares. I don't know how much hard-earned money of mainland investors was buried under China Ding Yifeng last year.
Edit / Ray