Core Viewpoint - The stock of Pingtan Development experienced a significant drop in the last trading minutes on December 19, with a decline of nearly 7.5% after reaching a peak of 6.4% earlier in the day, indicating high volatility in its trading performance [3][14][21]. Group 1: Stock Performance - Pingtan Development's stock price fluctuated dramatically, with a daily high of 15.66 CNY, just shy of its historical peak of 15.97 CNY recorded on December 16 [3][14]. - The stock's intraday volatility reached 14.63%, showcasing a "sliding" drop in the final moments of trading [12][21]. - The stock erased most of its weekly gains, closing at 13.60 CNY [3][14]. Group 2: Trading Volume and Investor Activity - The total trading volume for Pingtan Development on December 19 was approximately 1.09 billion CNY, with 414 million CNY attributed to selling activities [5][17]. - The "Lhasa team" dominated the selling list, contributing significantly to the net selling amount of 14.88 million CNY, while the Shenzhen Stock Connect recorded a net buying of 84.58 million CNY [5][17]. - The financing balance for Pingtan Development decreased to approximately 967 million CNY, down 15.1% from the beginning of the week [19][24]. Group 3: Market Sentiment and Discussion - The abrupt decline in Pingtan Development's stock has sparked discussions among investors regarding whether the drop is a genuine market correction or a temporary fluctuation [21][24]. - The stock has been characterized by extreme volatility, with 16 instances of hitting the daily limit up and 4 instances of hitting the limit down since October, making it the most active stock in terms of limit changes in the A-share market [21][22].
5分钟闪崩12个点！“高标牛”尾盘直线跳水，四季度热股盘点，融资客加减仓这些