Core Viewpoint - The skepticism surrounding the future profitability of Zhongji Xuchuang has led to a mixed market response, with recent stock price movements indicating a lack of confidence despite increased financing activity [1][2][3]. Financing Activity - In August, Zhongji Xuchuang experienced a significant increase in net financing purchases, which was a key driver for its stock price rise. However, in September, while financing continued to grow, the stock price stagnated, suggesting that selling pressure has emerged [5][6]. - The net financing purchases for Zhongji Xuchuang showed fluctuations, with notable figures such as a net purchase of 371,977.60 thousand yuan on September 5, followed by a decline in net purchases in subsequent weeks [6]. Market Sentiment - The stock price of Zhongji Xuchuang has only increased by 1.65% over the past month, which is negligible given its typical volatility of around 5% [3]. - The commentary from analysts and market participants reflects a divided sentiment, with some urging caution regarding the sustainability of profit margins in the face of future capacity expansions [1][3]. Broader Industry Context - Other companies in similar sectors, such as Xinyi Technology and Shenghong Technology, have also seen increased financing but have struggled to maintain upward stock momentum, indicating a potential trend across the industry [5][7]. - The overall market has accumulated a significant amount of speculative financing, particularly in sectors like telecommunications and AI, which could pose risks if market conditions shift [10].
融资涨股价不涨!资金开始偷偷减仓通信了
Sou Hu Cai Jing·2025-09-26 13:44