Focus Stocks》Taiwan Glass: Nittobo surged, and the volume went straight to the daily limit

As the opening share price of Nittobo, a major global fiberglass cloth manufacturer, surged 7% today, the glass stock Taiwan Glass (1802) also surged to the daily limit of 69.8 yuan in early trading today. As of 10:29, the trading volume exceeded 98,000 contracts, and the number of orders for buying on the daily limit exceeded 17,800.

High-end fiberglass cloth is in short supply. Taiwan Glass recently announced that the fourth phase of its production expansion plan has been fully launched. Chairman Lin Bofeng even pointed out that once customer certification is passed, Taiwan Glass's products will be difficult to replace. In order to speed up catching up with customer demand, Taiwan Glass has spent more than 9 billion yuan to expand production on both sides of the Taiwan Strait.

Observing the dynamics of the three major legal persons, foreign investors bought more than 24,800 Taiwanese shares for two consecutive trading days, investment banks bought more than 890 shares yesterday, and self-operated traders sold more than 4,117 shares for three consecutive trading days. The main force bought more than 21,000 shares yesterday, buying more than 100 shares. The main traders are Nomura, Yuanta, and Uni-President; legal person analysis shows that the number of Taiwanese borrowed bonds sold is about 74,000, which is still at a low level. The short side is not strong. With foreign investors and main players continuing to buy backhand, Taiwanese bulls are in full swing, and there is still a chance to rise again.