Nearly 230 stocks closed at the daily limit within the week! A rundown of high-concentration industry sectors—these 3 trillion-dollar-cap weighted stocks are on the list

This week (from March 30 to April 3), trading activity in the market declined somewhat. The average daily trading value during the week was 1.897 trillion, down nearly 10% from the previous week’s average daily figure (2.112 trillion) on a week-on-week basis. However, some individual stocks still attracted market funds. A total of 229 stocks recorded 273 limit-up (涨停) events.

By industry sector (Shenwan Level 1), among the stocks that hit limit-up this week, the numbers were relatively higher in biopharmaceuticals and medical, mechanical equipment, power equipment, basic chemical industry, and communication stocks, accounting for about 14.8%, 10.5%, 7.0%, 6.1%, and 6.1%, respectively. At the same time, construction and decoration, automobiles, electronics, light industry manufacturing, and computer stocks also had relatively large counts. If measured by the securities sector, excluding main-board stocks and ST stocks, ChiNext Board, STAR Market, and Beijing Stock Exchange stocks accounted for 7.9%, 3.1%, and 0.4%, respectively.

Note: Industry distribution of limit-up stocks this week (as of the close on April 5)

In terms of market-cap scale, the average total market cap of limit-up stocks this week was nearly 13.87 billion yuan. Among them, there were 79 stocks with market caps of 18.97k yuan or more, accounting for nearly 35.4% overall. There were 3 stocks with market caps of 21.12k yuan: Changfei Optic-Fiber, China Merchants Union Shipbuilding, and Hengtong Optic-Electric. In addition, weighty stocks such as Huaqin Technology, Yutong Bus, Tianshan Aluminum, Nanshan Aluminum, Giant Network, and Honghe Technology were also included. There were 60 micro-cap stocks below 5 billion yuan, accounting for nearly 26.2% overall.

Looking at specific stocks, a total of 37 stocks recorded 2 or more limit-up events during the week. Among them, Tianjin Pharmaceutical Industry had its only five trading days this week all hit limit-up; it has now advanced to a 6 consecutive limit-up (6连板) trading streak, and its share price hit the highest level in nearly 10 years since January 2016. Xinghui Composite Materials, Xinneng Taishan, Tongda Shares, and Zhonggang Xinzong also all achieved limit-up 3 times. Specifically, Xinghui Composite Materials and Tongda Shares saw relatively higher gains this week, while Xinneng Taishan and Zhonggang Xinzong experienced high pullbacks at one point during the week.

（Source: Eastmoney Securities News）