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another 100 billion white horse crash! stock prices are back to nearly half a year ago. more than 80 stocks hit new lows this year, with three major sectors accounting for a high proportion

2024-09-02

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cailianshe reported on september 2 (editor: zilong),today (september 2), many heavyweight stocks fell sharply. as of the close, china shipbuilding fell nearly 9% based on the market value of more than 50 billion yuan. kingsoft office, china communications construction, and shenwan hongyuan all fell more than 7%. china heavy industry, three gorges energy, china railway construction, and times electric also fell the most. among them, china shipbuilding once approached the limit during the session, and its stock price also hit a new low in the past six months.

note: today's stocks with the largest decline and a total market value of more than 50 billion yuan (as of the close of september 2)

the leading shipbuilding company hit a multi-month low, and many blue chip stocks have crashed recently

recently, china shipbuilding, a leading shipbuilding company, released its interim report. the company's revenue and net profit attributable to the parent company increased by 17.99% and 155.31% year-on-year in the first half of the year, respectively. among them, the net profit in the second quarter increased by 152% month-on-month. the announcement pointed out that the high performance increase was mainly due to the improvement of the company's order structure, the number of civilian ships delivered and the average price of each ship increased year-on-year, and the operating gross profit increased year-on-year. however, despite the outstanding performance, china shipbuilding's stock price suffered a sharp pullback today, and the year-to-date increase narrowed from 31% to 19.2%.

note: china shipbuilding's stock price performance this year (as of the close of september 2)

from the perspective of funds, the financing scale of china shipbuilding has increased slightly recently. as of august 30, it has received leveraged funds of 58 million yuan in the past four days, with a total increase of nearly 2.3%. however, from the statistics of the whole year, the financing balance of china shipbuilding has fluctuated greatly. it reached the highest peak of the year (3.11 billion yuan) on may 17, and the lowest data of the year (2.22 billion yuan) was recorded on february 6. at present, its financing balance is nearly 2.62 billion yuan, a slight increase from 2.54 billion yuan at the beginning of this year (january 2).

note: changes in china shipbuilding’s financing balance during the year (data as of august 30)

in the past month, many heavyweight stocks have suffered a sharp pullback and even experienced a flash crash during the trading session. as of today's (september 2) close, based on stocks with a market value of more than 50 billion yuan, a total of 33 stocks had a maximum single-day decline of more than 6%, accounting for nearly 14.5% of the total. among them, in addition to china shipbuilding's 9% plunge today, cpo leader xinyi sheng also fell by more than 9% on august 2. in addition, industrial foxconn, zhongji xuchuan, lingyi intelligent manufacturing, times electric, and changdian technology also experienced a single-day plunge in the past month.

note: stocks with a market value of more than 50 billion yuan with the largest single-day declines in the past month (august 1 to september 2)

today's new low target review, these directions account for a high proportion

for a long time, the high and low of stock prices have always been the focus of investors and are regarded as the "barometer" of the market. due to the recent poor overall market, many stocks have also frequently hit new lows for the year. as of today's close, excluding new stocks this year, more than 80 stocks hit new lows during the day. among these stocks, 30 have a market value of tens of billions, accounting for nearly one-third of the total. among them, saic group has a market value of hundreds of billions. in addition, there are other heavyweight leaders such as kingsoft office, china metallurgical group, sichuan road and bridge, and hainan airport.

by industry (shenwan level 1), among the stocks that hit new lows today, the number of pharmaceutical and biological, electronic, and power equipment stocks is relatively large, accounting for 14.5%, 10.8%, and 9.6% respectively. at the same time, mechanical equipment, computer, building decoration, steel, basic chemical, food and beverage stocks are also at the forefront. if the securities sector is counted, the main board stocks account for the largest proportion, reaching 54.2%, of which the shanghai main board and shenzhen main board stocks account for nearly 32.5% and 21.7% respectively. in addition, the science and technology innovation board, chinext, and beijing stock exchange account for 22.9%, 14.5%, and 8.4% respectively.

note: industry distribution of stocks that hit new lows this year (as of the close of september 2)

in addition to the above-mentioned stocks, many major market indices have also been falling recently and are constantly approaching the lows recorded this year. among them, the shanghai composite index recorded a low of 2810.37 points today, which is still 6.7% away from the lowest price of 2635.09 points recorded on february 5. the shenzhen component index and the chinext index are also 6.4% and 3.6% away respectively. among the scale indices, the csi 300, sse 50, and csi 500 indices are relatively closer to the lows of the year than the small-cap stock index. in addition, the dividend index is also approaching a new low.

note: the difference between today’s lowest price of the main market indices and the previous lowest price of the year (as of the close of september 2)

(cailianshe zilong)
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