Weekly Stock Highlights: ChiNext Index Rises Nearly 3%, Top Gainer Surges 120%

Deep News12-14

This week (December 8–12), China's A-share indices showed mixed performance, with the Shanghai Composite Index down 0.34%, the Shenzhen Component Index up 0.84%, and the ChiNext Index gaining 2.74%.

► Top Gainers & Losers: 14 Stocks Soar Over 40%, Leading Stock Jumps 120% Wind data reveals 28 stocks surged more than 30% this week, including 14 that climbed over 40%. Tianli Composite led with a 117.21% weekly gain, followed by Zaisheng Technology (61.19%), Bona Film Group (51.70%), and Dapeng Industrial (51.12%). On the downside, seven stocks fell over 20%, with Guangdao Tui dropping 77.21% and Suzhou Wuzhong Delisting (66.94%) among the worst performers.

► Active Trading: 82 Stocks See Turnover Rates Exceeding 100% Dapeng Industrial topped the list with a 266.61% weekly turnover rate, trailed by Moore Threads-U (211.32%) and Haixin Foods (210.52%). High-turnover stocks were concentrated in electronics, computer, and defense industries. Notably, Dapeng Industrial, Western Metal Materials, and Feiwo Technology posted significant gains.

► Main Capital Flows: Banking & Steel Sectors Attract Funds, ZTE Faces Heavy Selling Banking led with a net inflow of ¥1.547 billion, while steel, transportation, and real estate also drew capital. Conversely, electronics (¥18 billion outflow), computers, and communications saw heavy selling. Dongshan Precision led inflows (¥1.508 billion, up 21.02%), followed by Shenghong Tech (¥1.379 billion) and BYD (¥1.217 billion). ZTE, Sungrow Power, and Tianfu Communications suffered outflows of ¥5.317 billion, ¥4.721 billion, and ¥3.843 billion, respectively.

► Margin Trading: Shenghong Tech Tops Buying List Shenghong Tech attracted ¥2.387 billion in net margin purchases (up 11.20%), while Ingenic, Foxconn Industrial, and Shannon Semiconductor also saw strong inflows. Cambricon-U and Xiamen Tungsten faced notable sell-offs.

► Institutional Research: Inspur & Hygon Draw 341 Institutions Among 195 companies surveyed, Inspur and Hygon were the most scrutinized (341 institutions each). Weichuang Electric and Shenghong Tech also garnered attention. Industrial machinery and electronics remained key focus areas.

► New Institutional Picks: 54 Stocks Receive First Coverage Thirteen stocks were assigned target prices, including Jiuzhou Pharma (¥24.50 target vs. ¥18.24 close), Yealink Network (¥43.70–51.80 vs. ¥35.95), and New Hope Dairy (¥23.52 vs. ¥17.30). Gan & Lee Pharmaceuticals and China Merchants Energy Shipping also debuted on watchlists.

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