Is Seazen Holdings coming back from the dead?
Ranked first in terms of transaction volume, but did not drop to the limit
Author丨City Circle Feng Chenchen Editor丨Lang Ming Six days after the scandal was exposed, the stock prices of three listed companies under the Xincheng Group showed signs of "resurrection".
On July 9, Seazen Holdings opened at the lower limit again, and has been fluctuating repeatedly around the lower limit line, with a huge amount of funds changing hands.
As of the close, Seazen Holdings still fell 8.90% to 28.35 yuan per share, with a total market value of 64 billion yuan.
However, in terms of transaction volume, Seazen Holdings changed hands as high as 2.8 million, with a turnover rate of 12.59%, involving a transaction value of 8.006 billion yuan, both breaking record highs, ranking first in the two cities in terms of transaction value, far surpassing the second place Ping An of China
of 4.89 billion yuan.
In addition, the share prices of two Hong Kong-listed companies under the Seazen Group, Seazen Development Holdings and Seazen Joy Services, also rose at the close of trading.
Among them, Xincheng Development Holdings rose 3.57% to HK$7.23 per share, with a total market value of HK$42.6 billion; Xincheng Yue Services rose 2.63% to HK$5.85 per share, with a total market value of HK$4.8 billion.
On the evening of July 8, Seazen Holdings issued an announcement stating that Wang Zhenhua applied to resign as a director of the company due to personal reasons.
On the same day, in response to the regulatory work letter from the Shanghai Stock Exchange, Seazen Holdings disclosed for the first time the entire process of relevant information disclosures issued by the company after Wang Zhenhua was detained, and disclosed the relevant debt situation.
This is a move by Seazen Holdings to further cut off from Wang Zhenhua after issuing an open letter to apologize.
According to Wind data, from July 4th to 8th, the top five business departments of Xincheng Holdings’ buying seats were Guotai Junan Securities Shunde Dongle Road, Shanghai Stock Connect Special, Sichuan Securities Shanghai Branch, and China Merchants Securities
Shenzhen Nanshan Nanyou Avenue and China Galaxy Securities Zhengzhou Nanyang Road had a total net purchase of 15.8379 million yuan.
The top five business departments selling seats are Huatai Securities Shenzhen Shennan Avenue Fund Building, Guojin Securities Chengdu Shuangyuan Street, Institutional Exclusive, Fortune Securities Hangzhou Qingchun Road and Guotai Junan Securities Headquarters, with a total net sales of 84.7664 million yuan.
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