SMM, Aug. 10 (Xinhua)-- Lithium mining giant Salt Lake shares resumed listing today after being suspended for more than 14 months. The opening price rose more than 343% and continued to rise, as the opening price increase of more than 10% triggered a temporary suspension, and its total market capitalization has exceeded 230 billion. By the end of the temporary suspension, Salt Lake shares rose 388.1% to 43.15 yuan per share.
As we all know, the recent performance of lithium mining concept stocks is hot, and the listing of Salt Lake shares has been highly concerned by the market. In the company's announcement on the evening of August 9, * ST Salt Lake said that its closing price on the first day of the resumption of listing was the closing price of the day before the suspension of its shares, that is, 8.84 yuan per share. Due to the resumption of no price limit on the first day of listing, the maximum rise or fall of 10% was limited on the next trading day. Therefore, after the opening of trading today, Salt Lake shares soared after the opening of trading. Finally, when the rise exceeded 388%, it rose by the limit. Shenzhen Stock Exchange temporarily suspended its trading and will resume trading at 10:31:12. Remind investors to pay attention to investment risks.
It is worth mentioning that in the current salt lake lithium fire, Citic Construction Investment Securities and China Galaxy Securities gave Salt Lake shares an optimistic target market capitalization of 200 billion yuan. Citic Securities also set the target price to 33 yuan in the profit forecast after Salt Lake shares resumed trading, while * ST Salt Lake closed at only 8.84 yuan before the suspension of listing. Citic Securities predicts that the total market capitalization of Salt Lake shares may reach 180 billion yuan.
However, although Salt Lake shares took the lead, the Salt Lake Lithium extraction Index showed a concussive trend. Zhaoxin shares rose with the daily limit of Salt Lake shares, and the lithium industry of Mount Qomolangma and Ganfeng in Tibet rose. BYD, Tibet Mining, Tibet City Investment and other stocks have fallen in varying degrees, showing a trend of differentiation as a whole.
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