Foreign capital is on holiday, domestic capital is smashed! "Ning Wang" rare drop of 8% lithium battery plate does not smell good?

Published: Dec 24, 2021 12:22

Two sharp falls in a week, the Ningde era in December is no longer the scene, the total market value lost 170 billion yuan a week.

Ningde era opened slightly higher today, and the stock price fluctuated lower after the opening, with the largest intraday drop of more than 8%, and the stock price lost the 600 yuan mark. The total market capitalization is less than 1.35 trillion yuan, compared with the total market capitalization of nearly 1.52 trillion that closed on Friday, Ningde Times lost more than 170 billion yuan this week.

image

It is worth noting that this is the second time that the share price of the Ningde era has suffered a sharp fall since this week. On Monday, the share price of the Ningde era showed a unilateral decline, and finally closed at 610.21 yuan, a drop of more than 6%. The stock price fluctuated slightly in the following days.

image

With the recent collapse of share prices in the Ningde era, especially today, the lithium battery sector has also suffered strong selling pressure. As of press time, the lithium battery index fell more than 2.6%, Longyi Technology, Zhongtian Technology fell more than 9%, German Nano, Tianhua Ultra Clean, Tiannai Technology and other shares have fallen sharply.

image

It is worth mentioning that northbound funds are closed today, which means that the main selling pressure of today's slump comes from domestic investment. In fact, northbound funds did not show any obvious position reduction in the Ningde era this week. After a small net sale on Monday and Tuesday, the net purchase amount exceeded 400 million yuan on Wednesday and Thursday.

However, in early December, it was revealed that the Ningde era had suffered a massive reduction in its holdings in October by Allianz China A-share Fund, the largest overseas equity fund. Allianz China A-share Fund increased its position in September after reducing its holdings in Ningde for three consecutive months in June, July and August, and reduced its holdings by 18.58% in October.

Then, on Dec. 10, the Ningde era encountered a net foreign sale of more than 2.3 billion, one of the largest one-day net sales of the stock since it was included in the Shanghai and Shenzhen Stock Connect.

image

Note: Ningde era Shenzhen Stock Exchange December trading list

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
SMM Attended 2026 Cobalt Institute Conference, Providing In-Depth Analysis of China's Cobalt Market Supply-Demand Restructuring and Price Trends
9 hours ago
SMM Attended 2026 Cobalt Institute Conference, Providing In-Depth Analysis of China's Cobalt Market Supply-Demand Restructuring and Price Trends
Read More
SMM Attended 2026 Cobalt Institute Conference, Providing In-Depth Analysis of China's Cobalt Market Supply-Demand Restructuring and Price Trends
SMM Attended 2026 Cobalt Institute Conference, Providing In-Depth Analysis of China's Cobalt Market Supply-Demand Restructuring and Price Trends
9 hours ago
[Automotive: 100,000 Units! BYD Secures Major New Energy Vehicle Order]
May 11, 2026 16:50
[Automotive: 100,000 Units! BYD Secures Major New Energy Vehicle Order]
Read More
[Automotive: 100,000 Units! BYD Secures Major New Energy Vehicle Order]
[Automotive: 100,000 Units! BYD Secures Major New Energy Vehicle Order]
On May 9, BYD signed a strategic cooperation agreement for Flash Charging China with CAR Inc., along with a framework agreement for the procurement of 100,000 vehicles. According to the agreement, BYD and CAR Inc. will conduct in-depth cooperation around the "Flash Charging China Strategy," planning to install BYD flash charging piles at eligible CAR Inc. service locations nationwide. This will establish an extensive, efficient, and convenient charging service network, jointly enhancing the user travel experience. At the same time, the framework agreement for the procurement of 100,000 vehicles signed by the two parties will further consolidate BYD's core position in the new energy vehicle fleet of CAR Inc. and assist CAR Inc. in continuously expanding its scale of green mobility capacity.
May 11, 2026 16:50
[Cobalt & Lithium: Huayou Cobalt Advances Acquisition Of Atlantic Lithium]
May 11, 2026 16:49
[Cobalt & Lithium: Huayou Cobalt Advances Acquisition Of Atlantic Lithium]
Read More
[Cobalt & Lithium: Huayou Cobalt Advances Acquisition Of Atlantic Lithium]
[Cobalt & Lithium: Huayou Cobalt Advances Acquisition Of Atlantic Lithium]
On May 10, Huayou Cobalt disclosed the latest developments regarding its subsidiary's transfer of related rights and obligations and the acquisition of equity in Atlantic Lithium Limited. The core content of this rights and obligations transfer includes obtaining the right to acquire a 22.5% stake in Atlantic Lithium's Singapore subsidiary. It also involves securing an offtake right for no less than 50% of the products from the Ewoyaa Lithium Project and assuming related obligations for project development. If both the "Contract Novation Agreement" and the transaction to acquire 100% of Atlantic Lithium are completed, Huayou Cobalt will indirectly hold an 87% interest in the Ewoyaa Lithium Project.
May 11, 2026 16:49