381 million funds rush to buy Hanlan Cable Co., Ltd., institutions heavily buy South Asia New Material | Dragon and Tiger List

What is the logic behind institutional investors significantly buying into Nanya New Material?

On March 24, the Shanghai Composite Index rose by 1.78%, the Shenzhen Component Index increased by 1.43%, and the ChiNext Index climbed by 0.5%. According to post-market data from the Dragon and Tiger List, a total of 56 stocks were listed due to unusual movements that day, with the highest net inflow of funds being Hanlan Co., Ltd. (002498.SZ), reaching 381 million yuan.

According to 21 Investment’s intelligent monitoring, 38 stocks on the Dragon and Tiger List showed the presence of institutions, with northbound funds participating in 34 of the stocks listed.

381 million yuan in funds rush to buy Hanlan Co., Ltd., while 468 million yuan escapes from Wolong Electric Drive

Among the 56 stocks on the Dragon and Tiger List, 33 stocks were net bought, and 23 stocks were net sold. The stock with the highest net inflow was Hanlan Co., Ltd., reaching 381 million yuan, accounting for 14.46% of the total trading volume. Hanlan Co., Ltd. closed up by 10%, with a turnover rate of 9.1%.

Conversely, the stock with the highest net outflow on the Dragon and Tiger List was Wolong Electric Drive (600580.SH), with a net sell of 468 million yuan, accounting for 11.02% of the total trading volume. Wolong Electric Drive closed down by 5.84%, with a turnover rate of 7.14%.

Institutions net bought 15 stocks and net sold 23 stocks

On March 24, 38 stocks on the Dragon and Tiger List featured institutions, which collectively net sold 211 million yuan. Specifically, institutions net bought 15 stocks and net sold 23 stocks.

Among them, the stock with the highest net buying amount was Nanya New Material (688519.SH), which closed up by 18.03%, with a turnover rate of 3.64%.

The stock with the highest net selling amount among those sold by institutions was Sanan Optoelectronics (600703.SH), which closed down by 6.98%, with a turnover rate of 9.39%.

Northbound funds net bought 11 stocks and net sold 23 stocks

On March 24, a total of 34 stocks on the Dragon and Tiger List saw participation from northbound funds, with a total net sell of 399 million yuan. Among them, the Shanghai Stock Connect had net buys of 7 stocks and net sells of 8 stocks, with a total net buy of 63.6153 million yuan; the Shenzhen Stock Connect had net buys of 4 stocks and net sells of 15 stocks, with a total net sell of 463 million yuan.

The stock with the highest net buying amount among northbound funds was Sanan Optoelectronics (600703.SH), with a net buy of 128 million yuan, accounting for 2% of the total trading volume. The stock with the highest net selling amount was Wolong Electric Drive (600580.SH), with a net sell of 185 million yuan, accounting for 4.36% of the total trading volume, which closed down by 5.84%, with a turnover rate of 7.14%.

It is noteworthy that institutions and northbound funds jointly net bought four stocks: Dazhong Mining, Dongtian Micro, Fuxiang Pharmaceuticals, and Shanda Power; they collectively net sold nine stocks: Huadian Energy, Yinxing Energy, Hangyang Co., Ltd., Nabai Chuan, Hanlan Co., Ltd., Shouhang New Energy, Shunhao Co., Ltd., Meili Cloud, and Wolong Electric Drive; there was divergence in Sanan Optoelectronics, Yuntianhua, Huada Technology, Zhejiang New Energy, Zhaoxin Co., Ltd., Xinya Cable, Nanya New Material, Lvfadian Power, Mingpu Optical Magnetic, Wanrun Technology, and Yunnan Geology, with institutions net selling Sanan Optoelectronics 188 million yuan while northbound funds net bought 128 million yuan; institutions net sold Yuntianhua 34.3584 million yuan while northbound funds net bought 33.461 million yuan; institutions net sold Huada Technology 47.385 million yuan while northbound funds net bought 10.2978 million yuan; institutions net sold Zhejiang New Energy 27.0934 million yuan while northbound funds net bought 1.1212 million yuan; institutions net bought Zhaoxin Co., Ltd. 7.1993 million yuan while northbound funds net sold 1.1611 million yuan; institutions net bought Xinya Cable 8.3454 million yuan while northbound funds net sold 1.8746 million yuan; institutions net bought Nanya New Material 122 million yuan while northbound funds net sold 10.6718 million yuan; institutions net bought Lvfadian Power 48.5319 million yuan while northbound funds net sold 12.5113 million yuan; institutions net bought Mingpu Optical Magnetic 24.4637 million yuan while northbound funds net sold 48.5875 million yuan; institutions net bought Wanrun Technology 48.8932 million yuan while northbound funds net sold 108 million yuan; institutions net bought Yunnan Geology 76.2041 million yuan while northbound funds net sold 113 million yuan.

(Statement: The content of the article is for reference only and does not constitute investment advice. Investors operate based on this at their own risk.)