Benefiting from the shale gas concept, Jiang Diamond shares doubled in share price this year. However, just after the announcement of the company’s successful overseas investment yesterday, the company’s share price fell by 2.09 percentage points. In this regard, market participants analyzed that the actual benefits of shale gas will take time. At present, the stock is dominated by the theme speculation. As the gross profit margin of the stock continues to decline, the stock price has already reacted positively. Millions of overseas investment Chengxing Jiang Diamond shares announced yesterday that the company reviewed and approved the company’s acquisition of 40% equity of PDC Logic LLC (hereinafter referred to as “PDCLâ€) and the establishment of a joint venture with Hijet Bit Co., Ltd. of the United States. The motion. At the same time, the project has received the “Report on the Report of Overseas Investment Projects†issued by the National Development and Reform Commission on April 9. Jiang Diamond Co., Ltd. plans to invest a total of about 10 million yuan in cash and physical assets. The reporter noted that PDCL is registered in Midland, Texas, and is mainly engaged in the production and sales of diamond drill bits with a registered capital of only $1,000. In this regard, a long-time researcher in the machinery industry also said that the acquisition company is small in scale and will not have a major impact on the performance of Jiang Diamond Co., Ltd., mainly to enhance the brand effect and expand the channels of overseas markets. The shale gas concept provides a strong upward momentum for the stock in the secondary market for hot money speculation . In three months, the share price of Jiang Diamond shares doubled. Along with the rise in stock prices, the stock has suddenly increased in volume since March 15th, with a single-day transaction of around 400 million. The reporter consulted the Shenzhen Stock Exchange's public trading information. Jiang Diamond Co., Ltd. has been on the list for 5 months in the past month. The business departments of CITIC Jiantou Hangzhou Jiefang Road Sales Department and Guangfa Securities Suzhou Ganjiang East Road Sales Department are all “residentsâ€. Take the sales department of Suzhou Cadre East Road of GF Securities as an example. On March 20, the purchase amount was 7.318 million, and it sold 71.17 million yuan on March 21, while the CITIC Jiantou Hangzhou Jiefang Road business department was more obvious. On April 9th, the purchase and sale amount was 2.604 million and 2.864 million respectively. Market participants pointed out that the same business department frequently enters and exits the stock, does not rule out the possibility of hot money speculation, and even has the suspicion of pulling up shipments. The source pointed out that the shale gas plan has just been introduced, and the related concepts are difficult to have substantial benefits in this year and next. The current market is mostly subject matter speculation. The stock price of Jiang Diamond has shown a large increase. It is recommended that investors be cautious. Of course, the stock also has the concept of asset injection, and the market outlook can also be concerned.
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