The impact of the stock sell-off on titanium dioxide and coatings companies

CHINA Paint Network
: In the past month, the CSI 300 (4068.880, -43.27, -1.05%) has fallen 1,690.71 points, or 31.58 percent. The Shanghai Composite Index fell 1,624.69 points, or 31.66 per cent. The Shenzhen Composite Index fell 6,411 points, or 36.74 percent. Influenced by the large fluctuations of A-shares, the sharp decline of the large-cap index has had a great impact on the development of
coatings
and
tumium dioxide
listed enterprises. It is understood that in the past month, coatings and titanium dioxide industry listed enterprises lost market value of 24.452 billion yuan.
in the past month's changes in the market value of listed companies, the market value of China Nuclear Titanium White (13.55, 0.00, 0.00%) fell by 7.563 billion yuan, ranking first, the decline in the market value of China Nuclear Titanium White accounted for 30.9% of the total decline in market value. Based on the share prices of listed companies that opened on the morning of July 14, in just one month, China's nuclear titanium equivalent has evaporated two gold Litais (7.780, -0.28, -3.47%) and 3.2 Anadas (11.00, 0.08, 0.73%).
industry, the market value of the seven listed companies fell more than that of titanium dioxide companies. Based on the data in the table above, we can calculate that the market value of four
coatings enterprises
has declined by 14.353 billion yuan, the market value of three titanium dioxide listed enterprises has declined by 10,099 million yuan, and Jinpu Titanium (21.34, 0.00, 0.00%) has been suspended since June.
Paint industry as a more serious pollution of traditional production-oriented enterprises, for many years, there have been many paint enterprises to strive to market, but because of environmental protection and other issues were forced to suspend, coupled with the recent domestic stock market volatility is more serious, paint enterprises planning to go public still need to be cautious.