The A-share market saw a divergence in performance among its main indices this morning,with the Shanghai Composite Index showing a noticeable strength during the session,while indices like the STAR 50 Index were relatively weak.

Several stocks that had been continuously hitting the upper limit in the previous period continued to surge this morning,prompting related companies to warn of risks.

In the Hong Kong market,the overall market further strengthened during the session this morning,with the Hang Seng Index reaching a three-month high.

However,a company mainly engaged in the business of seafood,marine leisure products,and frozen seafood saw a sudden collapse during the session,with its stock price plummeting by more than 78% at one point.

The Shanghai Composite Index strengthened during the session,and many stocks that had been continuously hitting the upper limit warned of risks.

The main indices of the A-share market showed a divergence in performance this morning,with the Shanghai Composite Index showing a noticeable strength,while indices like the STAR 50 Index were relatively weak.

In terms of industry sectors and tracks,sectors such as coal,communication services,and software led the gains.

The medical care and daily chemical sectors were the biggest losers.

In terms of concept sectors,CXO concept stocks surged,with many stocks such as Rui Zhi Pharmaceutical,Bai Hua Pharmaceutical,He Hua Shares,and Shuang Cheng Pharmaceutical hitting the upper limit during the session.

The grain concept and seed industry concepts were among the biggest losers during the session.

Many stocks that had been continuously hitting the upper limit in the previous period continued to surge this morning,prompting related companies to warn of risks.

Changshan Beiming once again hit the upper limit this morning,having previously achieved seven consecutive days of positive performance.

Changshan Beiming announced last night that there is no need to correct or supplement the information disclosed earlier; the company has not found any unpublicized significant information that may or has had a significant impact on the trading price of the company's stocks in recent public media reports; the company's recent business operations are normal,and there have been no significant changes in the internal and external business environment; upon self-examination and inquiry,there are no significant matters about the company that should be disclosed but have not been disclosed by the controlling shareholders and actual controllers; it has been verified that the controlling shareholders and actual controllers did not buy or sell the company's stocks during the abnormal fluctuation period of the company's stock trading.

Baobian Electric once again hit the upper limit during the session.

Baobian Electric issued a stock trading risk warning announcement on Friday night,stating that on September 2,2024,the company disclosed the "Prompting Announcement of Baoding Tianwei Baobian Electric Co.,Ltd.on the Controlling Shareholder's Planning of Major Matters".

The controlling shareholder,the Ordnance Equipment Group,is carrying out the integration of power transmission and transformation equipment business with China Electric Power Equipment,which may lead to a change in the company's controlling shareholder.

The relevant plan still needs to go through internal decision-making procedures and needs to be approved by the relevant authorities.

The announcement stated that the integration of power transmission and transformation equipment business between the Ordnance Equipment Group and China Electric Power Equipment has attracted high attention.

After further verification with the Ordnance Equipment Group,the main content of this integration involves the Ordnance Equipment Group transferring some of the company's shares to China Electric Power Equipment without compensation,which may lead to a change in the company's controlling shareholder.

At present,it does not involve matters such as asset injection,business restructuring,and major business cooperation.

The relevant plan still needs to go through relevant internal decision-making procedures and needs to be approved by the relevant authorities,which is uncertain.

This integration does not involve a significant change in the company's fundamentals and will not have a significant impact on the company's normal production and business activities.

The above announcement also stated that the company's stock price has increased by 150.45% since September,and the turnover rate has reached 118.17%.

As of the close on September 20,2024,the company's stock closing price-to-earnings (TTM) ratio is -142.74,and the price-to-book ratio is 38.73,which is much higher than the industry's price-to-book ratio.

The company's stock price has increased significantly in the short term,the turnover rate fluctuates greatly,and the price-to-book ratio is high,which may pose a risk of stock price speculation.

Investors are advised to pay attention to investment risks and invest rationally.

The Hang Seng Index reached a three-month high,and China Aoyuan's stock price surged nearly 150% during the session.

The Hong Kong stock market further strengthened during the session this morning,with the Hang Seng Index reaching a three-month high.

Among the constituent stocks of the Hang Seng Index,Xiaomi Group-W,China Resources Power,Lenovo Group,Geely Automobile,and other stocks led the gains.

There were many stocks in the Hong Kong stock market that surged significantly today,with China Aoyuan's stock price rising sharply,surging nearly 150% at one point during the session.

China Aoyuan announced on Friday night that the Middle East investment group Multi Gold Group Limited has become a new strategic investor of China Aoyuan and has entered the board of directors to obtain the position of chairman of the board.

For details,please refer to: Middle East tycoon takes over Guangzhou real estate company!

The stock price has fallen into "fairy stock" territory,and Gaodi shares have collapsed.

However,there were also individual stocks that collapsed during the morning session of the Hong Kong stock market today.

Gaodi shares' stock price once fell by more than 78%,and as of the time of writing,it still fell by nearly 70%.

In terms of news,Gaodi announced that it will hold a board meeting on September 30 to approve the annual performance.

The company's interim performance released in March showed that driven by the recovery of the group's food business,the group's revenue increased to about 196 million yuan during the reporting period,a year-on-year increase of 60.93%.

Public information shows that Gaodi was formerly known as China Shenghai Group and announced the change to the current stock name in March this year.

The company is a company that mainly sells dried seafood,algae,fungi,seafood snacks,and frozen seafood,with products covering major large chain supermarkets and convenience stores in 9 provinces and 3 municipalities in China.