At the opening of todays trading, Rongda photosensitive opened flat, and then maintained a narrow range of consolidation. After 10:30, the stock price fell by 5% rapidly by the big sales list. After a little trimming, the stock price was hit to the position close to the limit of decline by a more violent wave of selling. In a short period of 8 minutes, the stock price fell 19%. Then the stock price rebounded. As of noon, the transaction amount was 758 million yuan, and the turnover rate was 15.62%. The total market value returned to within 10 billion yuan again from 10.7 billion yuan.
According to the official website, Rongda is a company dedicated to the research and development of PCB photosensitive ink, photoresist and supporting chemicals, special ink and other electronic chemicals. At present, the company has gradually formed PCB photosensitive ink, photoresist and supporting chemicals, special ink three series of various specifications of electronic chemical products. Recognized by the Ministry of industry and information technology of China, it has been rated as top 100 enterprises in Chinas printed circuit industry by China Printed Circuit Industry Association for many times. The reason why it is popular in the capital market is mainly due to the companys property of photoresist concept. The companys photoresist products mainly include UV positive and UV negative photoresists, as well as diluent, developer, stripper and other supporting chemicals, which are mainly used in flat panel display, light-emitting diodes and integrated circuits. In addition, the company has superimposed the popular concept of flexible screen. The companys photoresist and flexible circuit board ink can be used in the field of folding screen mobile phones (including circuit boards, screens and chips).
The stock price has risen more than 7 times in two years, becoming the short-term leader of the chip board
As of todays midday trading, the cumulative increase of Rongda photosensitive is still 220%. Not long ago, it reached a record high of 73.39 yuan on October 14, which was an astonishing 337% increase compared with the opening price on February 4.
It is worth noting that Rongda has become the short-term leader of the chip board for many times. Only in this year or more, Rongda has gone out of the strong trend of three times or more of the board. In December of last year and February of this year, the performance of Rongda photosensitive stock price is very bright. At the end of June this year, before the index was pushed up by trillions of trading volume, Rongda photosensitive, as a big chip stock, started a wave of rapid upward attack early, and its stock price leaped from 30 yuan to above 60 yuan. Since then, it has maintained horizontal volatility for a long time, and has taken advantage of the momentum to create a new high after the national day.
The data also shows that funds have been very keen on Rongda photosensitive since this year. According to the second quarter report released by the company, the number of institutions holding listed companies has increased from 8 to 12, and the number of positions still has 3.35 million shares, accounting for 2.15% of the circulating shares.
As for the reasons for the limit, there are mainly the following views in the market. First, as a symbol of smart money, northbound funds have maintained a net outflow in the near future, with a total outflow of more than 10 billion yuan in the past seven trading days, indicating a cautious attitude towards the current market, which will inhibit the long confidence of investors on the floor. Second, public funds have the phenomenon of income protection at the end of the year. In order to keep the victory fruit, on the one hand, institutions will drop bags in advance, on the other hand, their style is more conservative. With the three quarterly reports disclosed by listed companies, capital will pay more attention to the performance fundamentals, and the stable performance of undervalued blue chips is more favored by funds.
Investors blow the wool
Todays high platform diving, the most collapsed of course is shareholders. Data shows that as of September 18, this year, the number of shareholders of Rongda photosensitive reached 38500. Since May 29 this year, after the stock price rose to above 60 yuan, the number of shareholders has remained at a high level, and the lowest value during the period also has 33900 households, which is in sharp contrast to the few thousand shareholders before the companys big rise.
For todays flash crash limit, investors in the stock bar also thoroughly blown hair, some investors said the butchers knife has been lit, and investors are glad that yesterday did not buy.
Coincidentally, todays collapse is not only Rongda photosensitive, but also NANDA optoelectronics, Zhongqian shares, gibbet, Fuling pickle, Honglu steel structure and other early big bull stocks have joined the collapse army. In addition, earlier this week, there were China Resources micro and Ziguang Guowei in turn. Before that, Baima stocks such as Sanqi mutual entertainment, Xinwei communication, Shengbang, Wentai technology, Baoxin software, Longji, anche testing, Chengmai technology and other Baima stocks dived in turn. This frequent event has aroused the strong attention of the market. Source: Science and technology innovation board daily editor: Yang Bin_ NF4368
Coincidentally, todays collapse is not only Rongda photosensitive, but also NANDA optoelectronics, Zhongqian shares, gibbet, Fuling pickle, Honglu steel structure and other early big bull stocks have joined the collapse army.