After gradually stabilizing, the A-share market suddenly fell into shock today.
In the forenoon, over 3600 stocks fell, and the track of semiconductor, Baijiu and lithium dropped, and coal, medicine and petroleum were supporting the big market. After the index once opened low, the main index still fell across the board. At the morning closing, the Shanghai Composite Index fell 0.54%, the Shenzhen composite index fell 0.93%, and the gem index fell 0.82%. The turnover between the two cities was 569.8 billion yuan, 3610 individual stocks fell and 970 rose.
More than 60 billion white horse stocks Shanghai Pharmaceuticals Holding Co.Ltd(601607) surged to the daily limit after opening, and there have been continuous daily limits recently; The Yango Group Co.Ltd(000671) of the defaulting real estate sector also rose the limit, which has risen for six consecutive times. The sports sector, which rose sharply in the past few days, was smashed early in the morning.
In the morning, the funds going north were also sold all the way, with a net outflow of 1.7 billion yuan.
60 billion white horse stocks suddenly hit the daily limit
The white horse stock Shanghai Pharmaceuticals Holding Co.Ltd(601607) , which is worth more than 60 billion yuan, went straight to the limit in the morning. In the morning, it closed at 26.4 yuan, an increase of 10.00%, with a total market value of 62.7 billion yuan.
Shanghai Pharmaceuticals Holding Co.Ltd(601607) due to the rumor of cooperation with covid-19 of yanyeyi company, the price limit has been continuously raised before. After the clarification of the company, the stock price fluctuated for two days, and today opened again.
On March 21, Shanghai Pharmaceuticals Holding Co.Ltd(601607) issued a change announcement, noting the recent rumors in the market about the cooperation between the company and yanyeyi Pharmaceutical Co., Ltd. in covid-19 virus treatment drugs. After verification by the company, the company has not carried out such cooperation at present. The company’s production and operation activities are normal.
On March 22, the company also issued an announcement on the approval of fixed increase.
bond default
real estate stocks Yango Group Co.Ltd(000671) six consecutive trading limits
Interestingly, Yango Group Co.Ltd(000671) , which triggered bond default recently, rose again this morning, and the stock has been trading for six consecutive times.
Yango Group Co.Ltd(000671) 3 announced on March 23 that some bills of the company failed to pay interest and part of the principal, which constituted an event of default under the contract for the management of bills. As of the date of announcement, neither the issuer nor the company has received any notice of accelerated repayment of bonds.
The company has applied to the HKEx on March 23, 2022 to suspend the trading of relevant bills. The trading of bills will be suspended from 9 a.m. on March 24, 2022 until further notice.
On March 16, CCB announced that the medium-term note “20 Yango Group Co.Ltd(000671) mtn001” with a Yango Group Co.Ltd(000671) scale of 600 million was due and payable on March 15, but the issuer failed to pay the interest or cash the principal on schedule, which constituted a material breach of contract. On the same day, Guangdonghectechnologyholdingco.Ltd(600673) group, the holding stock of the company, announced that the principal and interest of the overseas bond “yangog 12.5 02 / 20 / 22” with a duration of US $106 million was in material breach, the interest of “yangog 12.5 01 / 04 / 24” with a duration of US $300 million was in material breach, and the amount of interest payable was US $18.75 million.
In the next year, Yango Group Co.Ltd(000671) almost every month, the bonds will expire, and the situation of the holding stock Guangdonghectechnologyholdingco.Ltd(600673) group is similar, and the maturity date is more concentrated. As the default of the above-mentioned two overseas bonds is likely to trigger the accelerated repayment of other offshore financing projects, sunshine group said on March 11 that it was evaluating its assets and expected cash flow and formulating an overall restructuring plan.
Earlier, Yango Group Co.Ltd(000671) in reply to the inquiry letter of Shenzhen Stock Exchange, said that the company’s available funds accounted for less than 1% of the book funds, and the cash had dried up.
good not rising but falling
sports stocks that rose sharply in advance were smashed in the morning
Today, the opinions on building a higher level public service system for national fitness were released. However, many sports stocks that should have been good were smashed, plummeted and even fell by the limit Jiangsu Jinling Sports Equipment Co.Ltd(300651) fell 15%, Shuhua Sports Co.Ltd(605299) fell to the limit, and China Sports Industry Group Co.Ltd(600158) approached the limit.
Recently, the general office of the CPC Central Committee and the general office of the State Council issued the opinions on building a higher level public service system for national fitness, and issued a notice requiring all regions and departments to earnestly implement it in combination with reality.
A few days ago, these sports stocks have risen sharply in advance.
China’s coal industry has bucked the trend
culture and education semiconductor Baijiu and other
Coal, medicine, oil and other sectors rose sharply against the trend.
Culture, education, leisure, semiconductor, Baijiu and other sectors are falling.
