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August 9Th In The Whirlpool Of Huafang Textile Stock Price Reversal

2012/8/10 9:47:00 35

Huafang TextileTextile Share Price


In the whirlpool of insider trading.

Huafang textile

(600273) yesterday's surprise reversal.


After three consecutive trading restrictions in the front, Huafang textile opened sharply lower yesterday. After two minutes, it was broken into a stop board. However, 1 hours later, Huafang textile was suddenly enlarged at 11:13. The turnover of more than 10 thousand hands appeared 3 times, prompting Huafang textile to break down.

With the help of the big list, the price of Huafang textile rose rapidly, and it turned red at 11:19.

The Bulls did not stop, Huafang textile touched 8.49 yuan, or nearly 8%.

However, Huafang textile industry subsequently fell to a higher level and eventually fell 3.07%.


Last year, Huafang textile lost 290 million yuan, and continued to lose about 20000000 in the first quarter of this year.

If the main business is not good enough, the government's compensation for land expropriation will have a significant impact on the company's performance.

However, insiders said that at present, Huafang textile and the local government had not signed the memorandum of intent, memorandum and other documents, and signed the relevant documents.

"At present, due to the fact that the details of the negotiations are unknown, there is still greater uncertainty."

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