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Tongwei Co., Ltd. and 16 other stocks received over 100 million yuan in net buying from northbound funds
The Securities Times online reported that, according to Wind statistics, as of December 31, a total of 878 individual stocks had an increase in their holdings by Northbound funds compared with the previous trading day. Based on the number of shares added and that day’s closing price for calculations, among the stocks that were increased, there are 17 with an added market value of more than 100 million yuan. The stock with the largest added market value is Tongwei Co., Ltd. (600438). Its latest shareholding stands at 258 million shares, up 3.99% month-over-month, with an added market value of 445 million yuan. Other stocks with relatively larger added market values include Hqr Technology (002625), Vanke A (000002), New Hope, Jiangsu Hengrui Medicine (600276), and East Rising Sun (300118), among others.
Judging from institutional activity, Northbound funds’ added market value among the top holdings includes stocks that have received institutional research over the past month—there are 6 such stocks. Those with relatively frequent institutional research include BYD (002594) and Jingce Electronic (300567), which respectively received 3 and 2 rounds of institutional research during the period. In terms of the number of institutional research participants, the institutions are more concentrated in Jingce Electronic, Dofarna Nano (300769), and Yunnan Baiyao (000538).
(Editor: HN666)
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