10 days 9 board! Local infrastructure stock Zhejiang Construction Investment Group Co.Ltd(002761) (002761) has walked out of the temperament of "demon stock".
On February 18, Zhejiang Construction Investment Group Co.Ltd(002761) closed at the limit price of 19.28 yuan, recording a 9 limit increase in 10 trading days, with a cumulative increase of 146%. Even so, the sentiment of funds chasing up is still strong. On Friday, the company closed the limit price and closed nearly 65000 orders.
The trend of "pulling the wind" has also attracted the attention of regulatory authorities. On the same day, Zhejiang Construction Investment Group Co.Ltd(002761) received a letter of concern from Shenzhen stock exchange due to continuous sharp rise. At the same time, the Shenzhen Stock Exchange said that self regulatory measures were taken for 43 abnormal securities transactions this week, involving abnormal transactions such as intraday lifting and suppression and false declaration; Focus on monitoring " Zhejiang Construction Investment Group Co.Ltd(002761) " and " Hangzhou Landscape Architecture Design Institute Co.Ltd(300649) " with abnormal recent growth.
From the trend, the company's share price opened 5.53% higher on Friday, with a turnover of 379 million yuan at the opening, with a turnover rate of 8.45%. Subsequently, the company's share price fluctuated and rose, and the trading was opened briefly after hitting the trading limit at 11 o'clock. Due to the full exchange of chips in early trading, the funds sealed the trading limit again until the closing.
Zhejiang construction sold 1.877 billion yuan throughout the day, with a turnover rate of 41.58%.
According to the data of the Dragon Tiger list, the two institutions bought a total of 70.9 million yuan in the buy one buy two position on Friday, and the seats on Huatai Securities Co.Ltd(601688) Mudanjiang Road in Shanghai sold a net of 58.45 million yuan in the sell one position.
The strong performance of Zhejiang Construction Investment Group Co.Ltd(002761) also led to the overall rise of the engineering construction sector. Among them, Hangzhou Landscape Architecture Design Institute Co.Ltd(300649) rose by 13.82%; Ningbo Construction Co.Ltd(601789) , Chengbang Eco-Environment Co.Ltd(603316) , Yuancheng Environment Co.Ltd(603388) , Tengda Construction Group Co.Ltd(600512) limit; Shaanxi Construction Engineering Group Corporation Limited(600248) , Anhui Construction Engineering Group Corporation Limited(600502) and so on rose sharply.
The "unreasonable" trend of Zhejiang construction forced the company to "expose its shortcomings" to cool the stock price.
On February 16, Zhejiang Construction Investment Group Co.Ltd(002761) announced the change of share price, saying that at present, the operation of the company is normal, and the internal and external business environment has not changed significantly. As of the closing on February 16, the latest P / E ratio of the company was 16.03 times and the latest P / B ratio was 2.64 times, which were significantly higher than those of Listed Companies in the same industry. The balance of the company's accounts receivable is large, and affected by the regulation of the real estate industry, the turnover speed of accounts receivable is slow, so there is a certain risk of recovery of accounts receivable. The company's construction industry has a high asset liability ratio.
Once the announcement of this change was made, it not only did not cool down, but added fuel to the fire. Funds poured in and Zhejiang Construction Investment Group Co.Ltd(002761) pulled two more limits.
On 18th, the Zhejiang Construction Investment Group Co.Ltd(002761) of the 10 day 9 board was finally monitored, and the company also received a letter of concern from the exchange.
Shenzhen stock exchange requires the company to confirm whether there is any major information that should be disclosed but not disclosed, and whether there is any major change in the fundamentals of the company; Describe in detail the recent research of reception institutions and individual investors, and whether there is any violation of fair disclosure of information; Check whether the controlling shareholders, actual controllers, directors, supervisors, senior executives and their immediate family members of the company have bought and sold the company's shares and whether they are suspected of insider trading.
In addition, it is worth mentioning that on April 24, Zhejiang Construction Investment Group Co.Ltd(002761) 249 million restricted shares will be listed and circulated. Based on the closing price of the company on April 18, the above restricted shares to be circulated are worth about 4.8 billion yuan.