On February 18, the leading stock of civil explosion Poly Union Chemical Holding Group Co.Ltd(002037) fell by the intraday limit and closed down 9.45%. Previously, due to the favorable policy of a digital electronic detonator, Poly Union Chemical Holding Group Co.Ltd(002037) shares jumped more than 1.5 times out of 10 boards in 14 days.
After the Poly Union Chemical Holding Group Co.Ltd(002037) share price continued to rise sharply, a large number of institutional funds have been withdrawn, but the disk shows that there are still a large number of retail investors and hot money buying madly. After two limit falls, the newly purchased funds have faced the embarrassing situation of being covered.
share price fell sharply
In the morning trading on February 18, Poly Union Chemical Holding Group Co.Ltd(002037) fell to the limit only one minute after opening. Subsequently, a large number of bottom reading funds emerged, once opened the limit and rebounded strongly, but fell sharply in the afternoon and fell again in the late trading. As of the closing, Poly Union Chemical Holding Group Co.Ltd(002037) was reported at 15.71 yuan, down 9.45%, with a turnover of 1.711 billion yuan, a turnover rate of 32.91%, and the latest market value of 7.661 billion yuan.
The previous trading day, Poly Union Chemical Holding Group Co.Ltd(002037) has staged a similar diving market. After the opening of the day, the share price quickly fell to the limit. The limit was once opened in the session, but it was closed again in the afternoon until the closing. It is worth noting that after triggering the limit, it also attracted a large number of bottom reading funds to buy.
Although the share price has fallen sharply for two consecutive days, this year Poly Union Chemical Holding Group Co.Ltd(002037) is a real bull stock.
According to the data of China Securities Taurus app, from 7.62 yuan / share on January 20, Poly Union Chemical Holding Group Co.Ltd(002037) soared all the way, and 10 trading limits were harvested in 14 trading days, with a cumulative increase of more than 1.5 times, up to 19.28 yuan / share, becoming the leading stock of popular explosive concept stocks with the strongest performance in the near future.
In terms of sectors, the recent trend of popular explosive concept stocks continued to differentiate and adjust. Yesterday's limit Tibet Gaozheng Explosive Co.Ltd(002827) fell by 1.96%, Shanxi Huhua Group Co.Ltd(003002) fell slightly, Sichuan Yahua Industrial Group Co.Ltd(002497) rose against the market.
bottom reading funds continue to buy
Due to the continuous sharp rise and fall of share prices, Poly Union Chemical Holding Group Co.Ltd(002037) has frequently appeared on the dragon and tiger list recently.
According to the dragon and tiger list data on February 18, the top five business departments with the largest sales amount sold a total of 146 million yuan, accounting for 10.07% of the total turnover. The top five business departments with the largest purchase amount bought 137 million yuan in total, accounting for 8.01% of the total turnover, and the net difference between sales and purchase was 35.2627 million yuan.
During the decline in recent days, a large number of profit-making funds continued to flow out, and institutional funds have been withdrawn one step ahead. Among them, institutions appeared on the dragon and tiger list on February 16 and 17, of which 35.2422 million yuan was sold on February 16 and 20.67 million yuan was sold on February 17.
However, in recent days, there are still a large number of retail investors and hot money buying madly. On the dragon and tiger list on February 18, three of the top five seats were still from the business departments of China stock market news securities Lhasa East Ring Road and Tuanjie Road, known as the "retail base". On February 17, four seats were from the above business departments, and three seats were also occupied on February 16.
The dragon and tiger list data also showed that in the past three trading days, the top five business departments with the largest sales amount sold 223 million yuan, but the top five business departments with the largest purchase amount also bought 226 million yuan.
industry development ushers in opportunities
In terms of news, the Ministry of industry and information technology recently issued the safety development plan for the civil explosives industry in the 14th five year plan, which further defines the time node for the full use of digital electronic detonators, that is, stop production before the end of June 2022 and stop sales of other industrial detonators except industrial digital electronic detonators before the end of August 2022.
Industry insiders said that compared with traditional industrial detonators, digital electronic detonators have more advantages in safety and convenience, and are gradually replacing traditional industrial detonators. In contrast, the unit price of electronic detonators is more than 5 times that of ordinary detonators, which means that its market space will be several times that of the existing industrial detonator market.
According to the research report, assuming that the penetration rate of electronic detonators reaches 100% in the future, the market space of electronic detonators will reach 15-18 billion yuan at 15 yuan.
