Shuanghui Share Price Drop Led To A Rush To Raise &Nbsp By Financing Customers, And 5 Days For Margin Traders 1 Million 70 Thousand.

Holding 54 thousand shares

Yesterday (April 27th)

It is understood that the market value of the food processing industry, which had a total market value of nearly 60 billion yuan

And its turnover rate after opening the limit plate also increased significantly, 21 days as high as 9.2%, 25 days 7.37%, but yesterday has dropped to 1.57%.

In the market, the old institutional funds fled in a hurry, and there were new institutional funds coming into the market to pick up the goods.

In the face of the market forecast of 65 yuan to 55 yuan in the "bottom" price range, many financial customers have begun to rush in to raise funds.

Insiders said that the incident may be the first time that a broker has suffered a gambling failure since the introduction of margin trading.

Margin accounts exceed 5 million days

Shuanghui development experienced a resumption of the first limit after the resumption of trading, the second trading day again limit down, and then opened on the 21 day limit, down 0.38% on the same day, which verified many previous agencies two forecast of the limit.

Then on Friday, another trading day was suspended.

On the day of resumption of trading in April 19th, the balance of margin trading in Shuanghui was 3 million 710 thousand yuan, and the number of margin trading stocks on the 53 thousand day was 410 thousand yuan.

On the 20 day, the 53 thousand stocks sold by the margin trading company remained unchanged, and the margin balance was 3 million 340 thousand yuan. On that day, the margin holders earned 370 thousand yuan, and the two consecutive limit days made the margin holders account for more than 78 million yuan.

It is understood that Shuanghui development margin in April 22nd increased by 1000 shares, so that the number of margin trading increased to 54 thousand shares, and its profits increased by more than 5 yuan, the overall profit of 834580 yuan.

On that day, the margin balance was 50180 yuan more than in April 21st, reaching 33 billion 966 million yuan.

After Shuanghui development resumed again on Monday, the stock price continued to fall, although it did not stop again. The stock fell 6.96% on the same day, closing at 58.52 yuan, which has been lower than the 65 yuan forecast of the previous institution.

And the only winner in the storm, the investors who sold 54000 shares in margin trading, continued to make money. The margin balance reached 3 million 160 thousand yuan on that day, earning more than 23 yuan on that day. In the 4 trading days, a total of more than 107 yuan has been recorded.

Yesterday, Shuanghui opened up to a low level and maintained a trend of turbulence. The lowest price was hit at 56.92 yuan, which has already been lower than the previous market participants - 55 yuan approaching.

Statistics show that although Shuanghui development is one of the 90 targets of margin trading, its financing and margin trading has not been active until March 14th, when the margin margin was only 400 shares.

But in March 15th, on the last day of Shuanghui's pre suspension trading, investors sold 53 thousand and 100 shares of Shuanghui development on margin trading platform with a market capitalization of more than 4 million yuan.

At the closing time, the margin margin of Shuanghui development was 53 thousand shares, with a market value of about 4 million 130 thousand yuan.

Some securities analysts believe that after the "lean meat essence" incident occurred in Shuanghui development, it is not possible to exclude brokers from selling their own businesses through their own financial institutions. Even though the general investors even think about it, they will have no coupons to melt.

Shuanghui share price falls, attracting financing guests to rush in

In April 25th, Shuanghui development financing increased by 7 million 90 thousand yuan, making the stock's financing balance reaching 26 million 770 thousand yuan, a significant increase of 5 million 730 thousand yuan compared to April 22nd.

Analysts said that the lowest price of the stock Monday was 56.61 yuan, which is very close to the lowest forecast of 55 yuan in the previous market, and from the chart, the lowest price is almost the same as the 60 day moving average, and has touched the underlying support position, so the securities dealers have to rush in to raise funds.

Shuanghui develops more than 10 million yuan in 19 days' financing, and the stock balance is 12 million 740 thousand yuan on the same day, which is 5 million 40 thousand yuan less than that of 17 million 790 thousand yuan in March 15th.

On the 20 day, the stock purchase amount was 110 thousand yuan, and the financing balance was 12 million 850 thousand yuan.

On the 21 day, Shuanghui development closed at 62.9 yuan. Although the K-line rebounded on the same day, it still fell 0.38%.

On that day, the amount of financing purchased by the stock market increased significantly to 9 million 880 thousand yuan, and the balance of the day's financing reached 21 million 290 thousand yuan, which exceeds 3 million 490 thousand yuan on the suspension date of March 15th.

Analysts here believe that the stock price has closed below the previous institutional forecast of less than 65 yuan, indicating that some of the financing customers have been eager to enter the arena to rebound.

Then in April 22nd, Shuanghui developed an urgent suspension.

On the 23 day, Shuanghui development issued a notice acknowledges that the company did promise to return 100% to dealers, with losses borne by Shuanghui.

However, Shuanghui did not explain the reasons for hiding the information and did not know whether it would take legal responsibility to mislead investors.

On the 23 day, the stock financing balance was reduced to 21 million 30 thousand yuan, which was reduced by 250 thousand yuan compared with the 21 day financing balance. Analysts believe that due to the urgent suspension of Shuanghui development, the uncertainty factor increased, and a small number of financial customers paid the 25 million yuan.