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Express News | The popular stock Golden Kirin dived to a halt and staged a “sky floor”
Shandong Gold Phoenix (603586.SH) has had five consecutive daily increases. Its revenue scale is relatively small, and its profitability is relatively limited.
On June 26, Gelon Hui reported that Shandong Gold Phoenix (603586.SH) released a risk warning statement on stock trading. Since June 20, 2024, the company's stocks have risen by 61.10% in 5 consecutive trading days, while the Shenwan auto parts index had a cumulative increase of -1.79% during the same period and the SSE Composite Index had a cumulative increase of -1.51%. The company's short-term increase in stock price exceeds that of the industry and SSE Composite Index in the same period, indicating a possible overheated market sentiment. It should be noted that the company's revenue scale is relatively small and its profitability is relatively limited.
Express News | Shandong Gold Phoenix rose for five consecutive days: the company's stock has a significant short-term increase, and there is an over-heated market sentiment.
A shares noon review: Chinext price index increased by 0.45%, with over 3,200 stocks rising. Applications of AI and lithium battery concept are leading the gains.
As of midday closing, the Shanghai Composite Index fell by 0.32% to 2940.59 points, the Shenzhen Component Index fell by 0.04%, and the Chinext Price Index rose by 0.45%.
The A-share auto parts sector has been active recently, and Shandong Gold Phoenix has had five consecutive trading limit ups.
On June 26th, Golonhui reported that Gold Phoenix rose for five consecutive days, Suzhou Cheersson Precision Metal Forming and Tianjin Motor Dies rose by the daily limit, and Hengbo shares, Jinzhong shares, Guangdong Hongtu and others surged. In terms of news, recently, the National Development and Reform Commission and other five departments jointly issued the Measures for Creating New Consumption Scenes and Cultivating New Consumption Growth Points, proposing to steadily promote the commercialization and operation of autonomous driving and create new high-level intelligent driving scenes.
Express News | Shandong Gold Phoenix has had four consecutive daily limit up movements: the short-term stock price increase is higher than the industry and the SSE composite index during the same period, and there is a situation of market sentiment overheating.
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