Dragon and Tiger List Highlights: Xinneng Taishan hits 7 out of 9 limit-ups in 9 days, Foshan Group withdraws en masse, YunSai ZhiLian becomes the new favorite among retail investors

China’s Shanghai and Shenzhen markets fell into a lower, choppy trading session today. The Shanghai Composite Index closed at 3,880 points, down 1%. The Shenzhen Component Index fell 0.99%, and the ChiNext Index dropped 0.73%. Total market turnover for the day was 1.67 trillion yuan. More than 4,700 stocks closed lower. Lithography machine and CPO concept stocks surged against the trend, while coal, oil & gas, and breeding industry sectors led the declines. On the trading board, the performance of consecutive-limit-up stocks diverged: Xintiantaishan rose to the top with 7 boards in 9 days. Jinyao Pharmaceutical achieved a 6-day winning streak of consecutive limit-ups, while Chongyao Holding, Huiyuan Communications, and more than 20 other stocks notched 2 consecutive limit-ups.

The data from the龙虎榜 shows fierce games among institutional funds. Fukuang Technology recorded the largest net buy with 403 million yuan. Tengjing Technology and Yunsai Zhili, respectively, received net buys of 273 million yuan and 234 million yuan. In the sell-backs, Sinchao Holding faced a net sell of 577 million yuan. Zhongli Group and Xintiantaishan were respectively dumped for 325 million yuan and 311 million yuan. In trades involving institutional-only seats, Fukuang Technology, Tongyu Communications, and Zhongci Electronics received net buys of more than 50 million yuan from institutions, while Dekoli, Tengjing Technology, and Tuori New Energy were net sold by institutions for more than 70 million yuan.

Hot-theme stocks were active. As a key core upstream supplier in optical communications and also the global leading player in optical crystals with a background tied to the Chinese Academy of Sciences, Fukuang Technology hit its daily limit-up today, attracting institutions’ net buying of 98.95 million yuan. The company provides key components such as diffraction gratings for ROADM nodes in optical communication networks, and its controlling shareholder is the Fujian Institute of Material Structure, Chinese Academy of Sciences. Yunsai Zhili continued to push forward steadily in the AI computing rental market. The company’s investment in a ten-thousand-card-scale intelligent computing center is nearing delivery. Combined with its background in Shanghai state-owned assets, it received coordinated buying from both institutions and retail funds exceeding 150 million yuan today.

Retail fund trends showed clear divergence. Zhang Mengzhu spent a hefty 81.31 million yuan to pile into Dekoli, while selling Zhongli Group for 73.45 million yuan. “T Wang” bought Shijia Technology for 41.97 million yuan, while selling Tongyu Communications for 29.23 million yuan. Ningbo Sancaitang added to Zhongli Group with 57.26 million yuan, while the Foshan faction wildly dumped Xintiantaishan for 254 million yuan. Worth noting is that although Dekoli received large purchases from Zhang Mengzhu, the institutional seats simultaneously recorded net selling of 234 million yuan, indicating an intense game between bulls and bears.

On the technical pattern front, multiple limit-up stocks showed characteristics of high turnover. Tongyu Communications’ turnover rate reached 18.75%, with trading volume of 16.7k yuan. Its 800G optical module has already achieved small-batch shipments, and its satellite communication products received overseas orders. Zhongci Electronics’ turnover rate was 5.56%, with institutions net buying 53.46 million yuan. The company’s electronic ceramic enclosure products are widely used in the optical communications field. On the decliners’ board, Tuori New Energy closed at a daily limit-down; institutions net sold 79.65 million yuan. Other 20CM limit-up stocks, such as Weiteng Electric and China Shipbuilding Hi-Tech (CSIC) Special Gas, also saw large net selling by institutions.