After the renminbi continued, China property stocks were the first to hit the hardest hit. Sunac China (1918) plunged 5.7%; KWG (1813) also hit a new low this year, closing at 8.3 yuan; mainland aviation stocks also smashed, Air China (753) tumbled 4.9%, becoming the worst performing country Component stocks.
Hong Kong stocks fell back below yesterday, once fell below 28,000 points, low at 27,998 points, and finally closed at 28,010 points, down 106 points, or 0.38%, falling for 3 days, the state-owned stock index fell 55 points, or 0.52%, to close at 10,523 points. The total turnover of Hong Kong stocks was 77.86 billion yuan. The fourth consecutive day of turnover was less than 80 billion yuan.
Fosun Pharma’s share placement price fell 7%
Fosun Pharma (2196) plans to allocate 68 million H shares at a price of 38.2 yuan per share, raising nearly 2.6 billion yuan, a 9% discount to the closing price of 42 yuan on Wednesday. The Placing Shares accounted for approximately 2.65% of the enlarged H shares. Capital raising is used for purposes such as debt repayment, working capital and acquisition. The stock closed at 39.05 yuan yesterday, down 7%, with a turnover of nearly 1.4 billion yuan. Other pharmaceutical stocks were also dragged down. China Traditional Chinese Medicine (570) fell 5.5% to close at 6.32 yuan, and Dongyang Sunshine (1558) also plunged more than half to 39.7 yuan. Kangchen Pharmaceutical (1681) and China Biopharmaceutical (1177) Fell more than 3.2%.
Mobile phone equipment stocks were generally under pressure. Xiaomi (1810) once fell to 19.82 yuan, closing at 20.1 yuan, down 6.7%, with a turnover of 3.14 billion yuan; Sunny Optical (2382) and AAC (2018) fell 2.1% and 1.6% respectively. Tencent Holdings (700) closed at 375.6 yuan, down 0.63%.
In terms of insurance stocks, Xinhua Insurance (1336) issued a positive profit alert, which led the stock to rise 4.1% to 33.95 yuan; it also led other insurance stocks to rise, China Ping An Insurance (2318) rose 0.07%; China Life Insurance (2628) increased 1.02%, the best performing blue chip.
The entrance fee for songs is 16.1 million. The most expensive in history.
The first biotech stock, Koji Pharmaceutical (1672), which has not yet had revenue and profit, will officially debut. It will issue about 224 million shares, with an offer price ranging from 12 to 16 yuan, and an entrance fee of about 1.61 million yuan per lot. The highest, raised funds of up to about 3.58 billion yuan, public subscription today. Chairman and Chief Executive Officer Wu Jinxi said that valuation is indeed a big challenge. Different opinions are being collected to arrive at a reasonable valuation. Global investors are welcome to participate in the IPO and become long-term shareholders.
Yiju Enterprise (2048) was the first to open today, but the bottom of the market broke down, closing at 13.9 yuan, 3.3% lower than the price of 14.38 yuan, 144 yuan per 300 shares of the account fabric; as for the first two new stocks yesterday, the results are different, Kay Fushan Group (8512) closed at 0.55 yuan, up more than 86% from the price of 0.295 yuan, and the profit per share of 10,000 shares was 2,550 yuan; Qilu Expressway (1576) closed at 2.3 yuan, down 8% from the offer price of 2.5 yuan. 1,000 shares are eclipsed by 200 yuan.
China Unicom (762) announced that the number of mobile customers increased by 2.584 million last month, up 166,000 customers per month to 302 million; among them, 4G customers increased by 2.775 million to 203 million; as for local telephone users Then it lost 231,000 to 579.73 million.