LED packaging manufacturer Guangding (6226) is favored by disposal stocks and short-term funds, and its stock price has reached its daily limit.

LED packaging manufacturer Guangding (6226) has recently been favored by disposal stocks and short-term funds, and its stock price has maintained a strong trend. (Picture taken from Guangding official website)

[Financial Channel/Comprehensive Report] LED packaging manufacturer Guangding (6226) has recently been favored by disposal stocks and short-term funds, and its stock price has maintained a strong trend. Today (14th) Guangding opened at 29.5 yuan, down 0.5 yuan. Buying orders poured in quickly after the opening, driving the stock price all the way up. At around 10:23 a.m., the price limit was turned on, reaching 33 yuan. Buy orders at the limit price continued to pile up, and the market performance was quite strong.

As of 12:30 noon, the trading volume of Guangding has exceeded 33,000 contracts, and the number of orders to buy at the upper limit price has exceeded 11,000, showing that short-term funds are still willing to chase prices, and market sentiment continues to increase.

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Market analysis pointed out that Guangding was previously included in the attention and disposal stocks due to the large short-term increase in its stock price. With the theme of disposal stocks fermented, it still attracted market funds to enter the market. In particular, the popularity of short-term spread trading has not diminished, becoming one of the important driving forces for the recent strong stock price performance.

In terms of fundamentals, Guangding's recent monthly revenue growth rate has continued to maintain double digits, providing some fundamental support for the stock price's strength. However, from the perspective of chips, the recent movements of main players and legal persons have shown signs of bearishness, indicating that the current market funds are still mainly short-term operations. Although the price chasing momentum is strong, as the stock price rises rapidly, investors are also paying more attention to the risk of subsequent fluctuations.

Guangding's daily limit light turned on today, which also triggered a heated discussion in the investor community. Many investors left messages such as "It's soaring into the sky," "Come on! Hit the daily limit," and "It's starting to blow up." Some investors also laughed and said, "It's really a monster stock. The more the market falls, the more the stock price rises." The market's price-chasing sentiment has obviously heated up.

However, as the stock price expands in the short-term, whether Guangding can continue its strong market in the future still needs to be observed in terms of trading volume, changes in main chips and legal person trends. If the short-term rally continues, you will also need to pay attention to whether the profit-taking selling pressure in the previous wave has intensified. Investors should still be cautious about volatility risks while chasing prices.

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