It is the so-called "review the old and know the new". Although today is Saturday, Niu Yanjun is still resuming the strange trend of some stocks yesterday, one of which is Ningbo Tuopu Group Co.Ltd(601689) (601689, SH).
Ningbo Tuopu Group Co.Ltd(601689) the sudden sharp decline in yesterday afternoon caught 3.2 shareholders unprepared, and this trend may be related to Tesla's vehicle recall announcement.
In addition, the data show that the Shanghai Stock connect just increased its holdings of 3.54 million shares Ningbo Tuopu Group Co.Ltd(601689) yesterday, the highest one-day increase in nearly a week. Will the Shanghai Stock connect be covered this time?
sudden diving at the end
Yesterday, the market fluctuated upward, and individual stocks generally rose. Near the closing, the Shanghai index also stood at 3600 points. Investors have a sense of "warm winter sun". However, the trend of Ningbo Tuopu Group Co.Ltd(601689) has become a "bolt from the blue", which is a bit "bad scenery".
Ningbo Tuopu Group Co.Ltd(601689) yesterday's time sharing chart
Yesterday, Ningbo Tuopu Group Co.Ltd(601689) opened slightly lower, and then remained at the position of slightly rising by about 1%. The time-sharing chart almost walked a flat straight line, as if waiting for something to happen. There was an atmosphere of tension and suspense inexplicably
Sure enough, at about 14:20, the big sale order was quickly thrown out, and the share price of Ningbo Tuopu Group Co.Ltd(601689) began to decline sharply. After more than 10 minutes, the decline was more than 8%. It touched the limit five minutes before the closing, with a cumulative maximum decline of about 11%. Fortunately, the final payment is awesome, and at last, the stock price is not stopped, and the closing price is still down to 8.86%.
According to the data of East Money Information Co.Ltd(300059) Tong, Niu Yanjun roughly estimated that the first wave of decline lasted more than 10 minutes, and the cumulative amount of large sales orders was nearly 480 million yuan, while the second wave of large sales orders that killed the limit exceeded 480 million yuan. Yesterday's Ningbo Tuopu Group Co.Ltd(601689) turnover was 2 billion yuan. Under the pressure of two waves of sales orders totaling nearly 1 billion yuan, the stock price naturally didn't get better.
In fact, yesterday's Ningbo Tuopu Group Co.Ltd(601689) diving may have some omens in the previous trading day: on December 2, Ningbo Tuopu Group Co.Ltd(601689) fell more than 8% and closed more than 5% within one minute after opening.
Recent daily K-line map of Ningbo Tuopu Group Co.Ltd(601689)
From the performance of the daily K-line chart, Ningbo Tuopu Group Co.Ltd(601689) almost made a "dead end kill" yesterday: the stock price almost fell below the 30 day moving average, and the trading volume also expanded to a new high since October 25.
Therefore, the strong rise of Ningbo Tuopu Group Co.Ltd(601689) since October 8 may be temporarily suspended. In the past two months, Ningbo Tuopu Group Co.Ltd(601689) has increased by more than 84%, and has reached an all-time high since it was listed for six and a half years since November. Since August 2019, the stock price of Ningbo Tuopu Group Co.Ltd(601689) has increased by more than 6 times in more than 2 years!
or affected by Tesla recall
Niu Yanjun noted that yesterday's sudden diving of Ningbo Tuopu Group Co.Ltd(601689) may be related to an important recall announcement issued by the state market supervision and administration about half an hour before the diving.
Source: Official Website of state market supervision and Administration
At 13:47 yesterday, the state market supervision and Administration issued a recall announcement - Tesla (Shanghai) Co., Ltd. recalled some domestic model y electric vehicles. The announcement said: "from now on, a total of 21599 domestic model y electric vehicles with a production date of February 4, 2021 to October 30, 2021 will be recalled."
Source: Tesla official website
As for the reasons for the recall, The announcement said: "For some vehicles within the scope of this recall, the strength of the front and rear steering knuckles may not meet the design requirements due to the manufacturing reasons of the supplier. The steering knuckle may be deformed or broken during the use of the vehicle. Under extreme stress, it may cause the suspension link to disengage from the steering knuckle, affect the driving control of the vehicle, increase the risk of collision accidents, and there is a hidden danger of safety Suffering from. Tesla (Shanghai) Co., Ltd. will inspect the front and rear steering knuckles of vehicles within the recall scope free of charge, and replace the steering knuckles whose strength does not meet the requirements, so as to eliminate potential safety hazards. "
K-line diagram of Tesla in the near future
Affected by this news, Tesla's share price also fell sharply, down 6.42%, approaching the low point before November 15.
According to the securities times, Ningbo Tuopu Group Co.Ltd(601689) supplies Tesla with steering knuckle and other products, and is the core supplier of Tesla. According to the data, Ningbo Tuopu Group Co.Ltd(601689) is mainly engaged in the R & D, production and sales of rubber damping products and sound insulation products in the field of automotive NVH (i.e. shock absorption, noise reduction and comfort control).
Image source: Ningbo Tuopu Group Co.Ltd(601689) announcement
Ningbo Tuopu Group Co.Ltd(601689) announced on August 24, 2016 that the company received the supplier designation letter (agreement) issued by Tesla, the company was recognized to provide products to Tesla, and the company officially became a supplier of Tesla.
Now we suddenly encounter Tesla's recall announcement, and the problem leading to the recall happens to be in the steering knuckle. What kind of negative impact will it have on Ningbo Tuopu Group Co.Ltd(601689) ? Under the pressure of bad clouds, it naturally triggered the rapid flight of funds.
Shanghai Stock connect deeply involved or covered
Niu Yanjun noted that according to the statistics of China Securities Journal, excluding the new shares listed in November, there are 127 A-Shares (including individual shares of the Beijing stock exchange), with a monthly increase of more than 50%, of which 17 stocks have a monthly increase of more than 100%.
Among the 17 stocks doubled in November, from the perspective of industry attributes, the auto parts sector contains the most stocks, including Zhongjie (Jiangsu) Technology Co.Ltd(301072) , Suzhou Sonavox Electronics Co.Ltd(688533) , Kunshan Huguang Auto Harness Co.Ltd(605333) , Ningbo Heli Technology Co.Ltd(603917) . In fact, in addition to these four stocks, there are Jiangsu Olive Sensors High-Tech Co.Ltd(300507) , Shanghai Baolong Automotive Corporation(603197) , Hainan Drinda Automotive Trim Co.Ltd(002865) and other stocks, which increased by more than 80% in November. This proves that under the wave of new energy vehicles, individual stocks in relevant industrial chains have benefited a lot, and naturally they have also ushered in the pursuit of multiple funds.
Image source:
Statistics show that since early November, the Shanghai Stock connect has continuously increased its holdings of Ningbo Tuopu Group Co.Ltd(601689) . With the rising share price, the increase in holdings has also been increasing in the past week. Just yesterday, the Shanghai Stock connect increased its holdings of Ningbo Tuopu Group Co.Ltd(601689) 354 million shares on a single day, which was also the highest one-day increase in recent weeks. The total number of shares was as high as 39.76 million shares, a new high of more than one month, accounting for 3.61% of the company's total share capital.
However, after the release of Tesla's recall announcement, Ningbo Tuopu Group Co.Ltd(601689) is estimated to be difficult to stabilize, and even drag down the whole auto parts sector. There is a great chance that the Shanghai Stock connect will be covered in the short term.
Niu Yanjun noticed that the latest news today shows that, Ningbo Tuopu Group Co.Ltd(601689) Secretary Wang Mingzhen responded to media reporters on the morning of Tesla recall on the 4th, saying: "the recall happened suddenly, and the company did not get any information in advance. The company has started to understand the details of the matter and evaluate the corresponding consequences. The company will make a detailed explanation to investors in the afternoon of Sunday. Please wait patiently."
32000 shareholders in the quarterly report must be sweating for tomorrow afternoon.
(Daily Economic News)
