Hangjin Technology Co LtdHangjin Technology has upper guidance limits exceeding 300% in first-half earnings forecast.
The market opened lower today, with the STAR 50 Index pulling back into positive territory. The gaming sector surged on news that 171 online games received publishing licenses in June, while semiconductor silicon wafer and lab-grown diamond concepts also led the gains. Twenty-five companies disclosed their first-half earnings forecasts, among which Yahua Group expects net profit to grow by 710.17 percent to 857.48 percent year-on-year, and Shiyuan Shares and Hangjin Technology have upper guidance limits exceeding 300 percent. Several stocks with strong earnings growth, such as Yahua Group, Shiyuan Shares, and Baodi Mining, hit their daily limit-up on opening. In addition, margin balances declined for three consecutive days, with Eoptolink Technology topping the list with net margin buying of 1.15 billion yuan, and the electronics sector was the most favored by margin traders. Another eight companies announced shareholder reduction plans.
Hangjin Technology Co LtdHangjin Technology has upper guidance limits exceeding 300% in first-half earnings forecast.
Sichuan Yahua Industrial Group Co LtdYahua Group expects net profit to grow 710-857% year-on-year, hitting limit-up.
Guangzhou Shiyuan Electronic Technology Co LtdShiyuan Shares has upper guidance limits exceeding 300% in first-half earnings forecast.
Xinjiang Baodi Mining Co. Ltd. ABaodi Mining hit limit-up on opening after strong earnings forecast.
Eoptolink Technology Inc Ltd