AH shares suffered heavy losses.
On August 12, ZTE opened slightly lower at 22.95 yuan. However, the atmosphere changed suddenly in the second half of the morning session, and a large number of selling orders appeared one after another. In just 40 minutes, the stock price dropped from 3% to nearly 6%. Shortly after midday, the air side reorganized its offensive, and a wave of dives of 13 and 18 made ZTE fall by more than 8%! Since then, although many counter-attacks, but was quickly put out by the empty side, the biggest intraday decline once reached 9.4%! In the end, ZTE's daily turnover was 44.258 million shares, with a turnover of 966 million yuan, a new high since the listing of 13. In addition, on June 5438+02, ZTE also suffered heavy losses in the Hong Kong stock market, with a drop of 5.4 1% throughout the day, and continuously closed the fourth negative line.
Three times in four months, the market differences have increased.
It is worth noting that this kind of heavy volume slump on 12 has appeared on ZTE three times in the last four months. It fell by nearly 5% on April 2 this year; On April 30, the index plunged more than 8%.
For ZTE, which has always been stable, it is rare that the stock price fluctuates so violently, and it is even more surprising that it appears so frequently. 12 in the afternoon, the dialogue icon on MSN of the National Business Daily reporter kept flashing. Whether it's brokerage researcher, private placement, seller analyst or individual investor, they are all asking the same question-how did it fall like this?
The plunge on April 2 was because the company had just changed coaches and the new president was in charge of overseas markets. Therefore, it is expected that the company will focus on the international market this year, worrying about the increase of "quantity" and the decline of "quality" of performance indicators. It fell by more than 8% on April 30th, due to news from India that the country plans to ban the purchase of China telecom equipment, and the market is worried that the company's overseas expansion will be blocked. Compared with the previous two times, the decline on 12 makes it difficult for most holders of the stock to feel at ease, because there is no unified statement about why it plummeted!
Judging from what the reporter learned, there are at least five versions of why ZTE plunged yesterday, but none of them has been confirmed, and even many researchers are puzzled. ZTE is also quite at a loss, only saying that the company will communicate with various institutional investors to understand the reasons for their selling stocks; As for the fundamentals, nothing special has happened recently.
Some researchers who did not want to be named said that the industry environment faced by ZTE was not as good as last year. In the past year, the 3G investment of operators that promoted the company's performance growth was cut this year. Coupled with the long-term uncertainty in the Indian market, it is expected that the growth momentum of the company's performance will slow down this year.
However, Huang of Essence Securities said that he was optimistic about the company's situation in the second half of the year. The plunge of 5438+02 in June also provided buying opportunities in a sense. After all, the capital expenditure of the three major operators is slow in the first half of the year and will accelerate in the second half. China Telecom CDMA network expansion project negotiations have recently ended. Huang believes that ZTE should get a share of about 40%.