Kunlun(SZ:300418) Xin Lang Cai Jing·2026-01-16 01:42Core Viewpoint - Kunlun Wanwei's stock performance shows a slight decline, with significant trading activity and high financing levels, indicating potential investor interest and market volatility [1][2]. Financing and Trading Activity - On January 15, Kunlun Wanwei's stock fell by 0.46%, with a trading volume of 9.233 billion yuan. The financing buy amount was 896 million yuan, while the financing repayment was 952 million yuan, resulting in a net financing outflow of 56.22 million yuan [1]. - As of January 15, the total financing and securities lending balance for Kunlun Wanwei was 3.832 billion yuan, with the financing balance accounting for 4.88% of the circulating market value, indicating a high level compared to the past year [1]. - The company repaid 21,000 shares in securities lending and sold 21,700 shares on the same day, with a selling amount of 1.3521 million yuan, while the securities lending balance was 10.7141 million yuan, also at a high level compared to the past year [1]. Business Performance - As of September 30, the number of Kunlun Wanwei's shareholders reached 162,800, an increase of 9.26%, while the average circulating shares per person decreased by 8.47% to 7,705 shares [2]. - For the period from January to September 2025, Kunlun Wanwei reported a revenue of 5.805 billion yuan, representing a year-on-year growth of 51.63%. However, the net profit attributable to shareholders was -666.5 million yuan, a decrease of 6.19% year-on-year [2]. Shareholder and Dividend Information - Since its A-share listing, Kunlun Wanwei has distributed a total of 778 million yuan in dividends, with 60.75 million yuan distributed over the past three years [3]. - As of September 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited, which increased its holdings by 2.3961 million shares to 24.1742 million shares. Other notable changes included a decrease in holdings by several ETFs [3].