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Uncovering the Daily Limit Rise | Consecutive Major Deals Signed, This Popular Stock's Sealed Orders Exceed 600 Million Yuan
As of today’s (March 13) market close, the Shanghai Composite Index closed at 4,095.45 points, down 0.81%; the Shenzhen Component Index closed at 14,280.78 points, down 0.65%. The ChiNext Index fell by 0.22%; the STAR Market 50 Index declined by 0.72%.
Excluding newly listed stocks that haven’t opened trading yet, among tradable A-shares today, 1,502 stocks rose, accounting for over 27%, while 3,828 stocks declined. Among them, 68 stocks hit the daily limit-up, and 24 stocks hit the limit-down. Additionally, 27 stocks attempted to hit the limit-up but failed. The overall limit-up success rate was 71.58%.
According to Securities Times and Data Treasure, among stocks that hit the limit-up, the top industries by number are basic chemicals, construction decoration, and electrical equipment, with 12, 9, and 9 stocks respectively.
Among the limit-up stocks, *ST Guohua, ST Jinhong, and others, totaling 9 stocks, are ST (Special Treatment) stocks. In terms of consecutive limit-up days, Zhongnan Culture has hit five consecutive limit-ups, the most among all.
Based on the order book amount, China Power Construction, Zhongnan Culture, and Southern Road & Bridge have the largest funds committed to their limit-up orders, with 682 million yuan, 487 million yuan, and 336 million yuan respectively. Notably, China Power Construction issued two announcements in two days, securing two major contracts: over 13.9 billion yuan for overseas photovoltaic EPC projects and over 5.6 billion yuan for overseas infrastructure projects.
Disclaimer: All information from Data Treasure does not constitute investment advice. The stock market carries risks; invest cautiously.
Proofreader: Wang Wei