70,000 stockholders dumbfounded: institutions fled in a big way 60 billion big white horse Meridian Health flash crash fell to a halt

Without a hint of defense, for good reason, the $60 billion white horse stock and medical checkup leader, Meinian Health (14.20+0.71%, clinic shares), suddenly flash crash down.

The company is a top-flowing fund manager Zhang Kun, Dong Chengfei, Xie Zhiyu and other love shares, managed by a number of funds at the end of 2020 heavy holdings of Meridian Health.

Since this year, the share price of Meinian Health has frequently moved, down and up frequently, down today, and institutional seats are fleeing in a big way.

60 billion large white horse stock suddenly fell to a halt

The first trading day after the Qingming holiday, the A-share market narrowly oscillating, and there is no obvious shortcomings. However, this afternoon (No. 6), the beauty of the health but suddenly flash crash down. It fell 10.02% with a turnover of 1.33 billion yuan, closing at 14.1 yuan, with a total market value of 55.2 billion yuan. Before today’s drop, the stock market value was as high as 61.3 billion yuan.

A shares of the two cities more than 4,000 stocks, only 5 of today’s drop, the health care sector fell 1.33%, the health care sector, in addition to the beauty of the health of other stocks fell by the largest are not more than 6%. The sudden fall of Meridian Health and the news did not see any shortcomings, which was really surprising.

Investors were confused: they didn’t know what was going on and were guessing.

As of the end of March this year, the number of shareholders of Meridian Health was 68,600.

Among the trading software, for the American year health of the drop, some software also said that the recent no obvious bearish news, the drop belongs to the funds profit taking.

Many investors in the stock bar asked why the suspension, do not know what happened. Some people also speculate whether the performance may be a problem? Some market participants speculated that some funds might be worried about the first quarter performance.

At the end of January this year, Meridian Health issued a performance revision announcement. Among the three quarterly reports last year, originally expected to 2020 earnings of only 10 million yuan – 30 million yuan, but in the fourth quarter of last year, the disposal of subsidiary equity to generate investment income is expected to increase net profit of 1.04 billion yuan, while another 450 million yuan of impairment. The net profit attributable to the listed company jumped to 550 million yuan – 650 million yuan after the amendment.

Many top stream fund managers hold heavy positions

It is worth noting that Meinian Health is a favorite stock of many funds such as top-stream fund managers Zhang Kun, Dong Chengfei and Xie Zhiyu.

From the end of 2020 holdings, the two funds with the largest positions in Meinian Health, eFonda Small and Mid Cap and eFonda Blue Chip Select, are Zhang Kun’s funds, with a distribution of 188 million shares and 101 million shares. If the position remains unchanged, at today’s closing price of 14.1 yuan, the market value of the 2 funds’ holdings is about 4 billion yuan.

Midian Health is the 6th largest long position of E-Fonda Small & Mid Cap and the 16th largest long position of E-Fonda Blue Chip Select.

Midian Health is the 9th largest long position of Dong Chengfei’s Xingquan Trend and the 12th largest long position of Dong Chengfei’s other fund Xingxin Vision.

Frequent variation: institutions down board run

Today’s LW seat shows that although there are 4 institutional seats bought 75.58 million yuan, but 3 institutional seats are wildly sold 166 million yuan, far more than the amount of institutional buying.

It is worth noting that, although it is a white horse stock, but the share price of the last six months of the United States of America health frequent movements, many times down, as well as up. At the end of October and beginning of November in 2020, there was a continuous down stop.

So far this year, it has also fallen on February 24 and March 8, and rose on March 26. Today it is down again.

Previously, among the stop and stop seats, there are also institutional seats to sell a large number of figures.