Zijin mining can appear so rare, like the daily limit of three conjectures

Caught in the pollution of zijin mining (601899) yesterday unexpectedly to limit up closing, capital inflow 5.78 billion, ranking both a net inflow in the first place. But analysts generally expressed, zijin mining bad far out, but the company's stock suddenly increase greater is the dealer of self-help.

Rare capacity increase

Yesterday, zijin mining a share to $ 5.20 in opening, nearly 1 hour walk, 10 point 23 points suddenly increase rapidly, 15 minutes daily limit, after the 10 point 41 trading Board short open from 11: 00 pm 22 minutes up again sealed limit up until closing, sink 5.73 element.

It is important to note that although most of the time, the letter to the daily limit, zijin mining 14.52 billion turnover in remained, second only to the top share of ABC (2.71, 0.00, 0.00%) (601288.SH) 22.79 billion. At the same time, this also is zijin mining three months maximum turnover since, accumulative exchange rate 4.1%.

But before that, zijin mining 12 July suspension and notice the purple mountain copper contamination after the accident, its stock price, the number of consecutive trading day declines, July 19, A unit was dropped from the low $ 4.97, but after yesterday's daily limit, current stock price is $ 5.73 is very close to the levels before the announcement.

In fact, zijin mining industry is facing its most severe punishment, the Ministry of environmental protection and the securities sector staff is the company for further investigation, such rare observed daily limit, to recover the previous few days decline, much of the attention and speculation investors.

Guess a: elevating the share price reduction claims pressure

Some industry insiders told reporters that yesterday's daily limit did not rule out the possibility that is associated with the mining company's funds to deliberately in order to alleviate the zijin mining claims pressure may encounter.

3 July, zijin mining belongs zijin copper hydrometallurgical plant leak accident occurs, but the company until 12 may only apply for suspension and notice, all delays in 9 days. On 5 July to 9 July the five trading days, stock transactions and with the market rebound in prices, the average price is approximately $ 7.75.

In the next few trading days, zijin mining stock prices fell, many investors for this loss.

July 19, zijin mining received notice of the Commission investigation, company arrested for information disclosure violation case is investigated.