Following the Money Trail: Securities Firms Ditch 'Big Brother-Loved Stocks', Yang Ming Also Sold on the List

Reported 11 months ago

According to the exchange's disclosed chip movements, the three major institutional investors collectively bought a net of 1309.85 billion yuan in May, with securities firms buying 1307.86 billion and selling 1063.98 billion, resulting in a total net purchase of 243.88 billion yuan. Securities firms aggressively dumped over 10,000 shares of Evergreen Marine Corp. (2618) in May, making it the top stock in terms of net sales by securities firms. Yang Ming (2609) was also on the selling list. Institutional investors bought a net of 817.86 billion yuan in the market this month, with securities firms net selling 25.72 billion yuan and investment trusts buying a net of 517.71 billion yuan. In total, the three major institutional investors bought a net of 1309.85 billion yuan this month, with Evergreen Marine Corp. (2618) being the top sold stock by securities firms, followed by other listed companies.

Source: YAHOO

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