Lixiang New Energy hit the daily limit up again today, securing its sixth consecutive limit-up and a cumulative gain of 77% over the period. After the close, the dragon-tiger list showed that two institutional seats bought a combined 54.75 million yuan, accounting for 4.31% of the day's total turnover. Meanwhile, Sinolink Securities Shenzhen Branch and CITIC Securities Shanghai Branch bought 27.15 million yuan and 25.16 million yuan respectively. The company disclosed an abnormal movement announcement stating that the recent share price volatility was mainly driven by market capital speculation, power industry themes, and sentiment factors such as expectations of peak summer electricity demand, with no material change in fundamentals, and it flagged secondary market trading risks. The power sector strengthened overall, with the Shenwan Power Equipment Index surging 4.08% at the close. Multiple stocks including Jinguan Electric and Shuangjie Electric hit the daily limit up, with Jinguan Electric seeing four institutional seats buy a combined 28.81 million yuan. In terms of news, the peak summer demand season combined with record-high electricity loads in many regions, and the National Development and Reform Commission pointed out that industrial and service sector electricity consumption growth along with high temperatures are jointly driving electricity demand.
Jilin Jinguan Electric Co Ltd Class AMentioned as hitting limit-up amid power sector strength driven by peak summer electricity demand expectations.
Xinjiang Lixin Energy Co. Ltd. A
Beijing Sojo Electric Co Ltd