On June 6th, New China Life Insurance (601336) received a margin purchase of 70.4574 million yuan, accounting for 16.97% of the total purchase amount on that day. The current margin balance stands at 1.635 billion yuan, representing 1.47% of the circulating market value. This figure exceeds the historical 60% percentile level.
Margin Lending Details
On June 6th, New China Life Insurance repaid 11,600 shares through margin lending and sold 5,100 shares through margin lending. Based on the closing price of the day, the selling amount was 271,800 yuan, accounting for 0.07% of the outflow amount on that day. The margin lending balance was 7.386 million yuan, lower than the historical 50th percentile level.
Overall Margin Trading and Short Selling Balance
In summary, the current margin trading and short selling balance of New China Life Insurance is 1.642 billion yuan, a decline of 2.55% compared to yesterday. The margin trading and short selling balance exceeds the historical 60% percentile level.
Analysis
The significant margin purchase activity on June 6th indicates strong investor interest in New China Life Insurance. The current margin balance, exceeding the historical 60% percentile, suggests that investors are leveraging their positions to take advantage of potential price increases. However, the margin lending balance being lower than the historical 50th percentile indicates a relatively conservative approach to short – selling activity.
The overall decline in the margin trading and short selling balance suggests a slight cooling in market sentiment compared to the previous day, but the balance still remains above historical averages, indicating continued investor engagement.
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