Data Review | Strong performance in precious metals, building materials, and other industries; 80 stocks see net inflow of over 100 million yuan from major funds

On March 30, the Shanghai Composite Index hit a low early and then rebounded; in the afternoon it saw narrow-range consolidation. The Shenzhen Component Index, the ChiNext Index, and the STAR Market 50 Index also hit lows early and then rebounded; in the afternoon they saw narrow-range consolidation at low levels. By the close, the Shanghai Composite Index was at 3923.29 points, up 0.24%, with trading value of 8,398 billion yuan. The Shenzhen Component Index was at 13726.19 points, down 0.25%, with trading value of 10,760.71 billion yuan. The ChiNext Index was at 3273.36 points, down 0.68%, with trading value of 4,570.22 billion yuan. The STAR Market 50 Index was at 1289.78 points, down 0.84%, with trading value of 53.4 billion yuan. Combined, the two exchanges’ total trading value was 19,158.71 billion yuan, an increase of 62.594 billion yuan from the previous trading day.

Bullish performance across precious metals, building materials, and other sectors; ST Rui delivers a 6-day consecutive limit-up streak

From the market perspective, industry sector and concept sub-indices saw more gainers than losers. Among them, precious metals, building materials, non-ferrous metals, textiles and apparel, defense and military industry, communications, biopharmaceuticals, and petroleum and petrochemicals led the gains. Concepts such as grain, glyphosate, nano-silver, space stations, genetically modified organisms, agrochemicals and veterinary drugs, state-owned enterprise cloud, and 6G saw active trading. Sectors including public utilities, home appliances, power equipment, insurance, and real estate led the declines. Concepts such as ultra-supercritical power generation, green power, vanadium flow batteries, photovoltaics, and combustible ice were weaker in performance. Limit-up stocks were mainly concentrated in biopharmaceuticals, power equipment, chemicals, building decoration, and non-ferrous metals, among others.

Stock-wise performance: by the close, a total of 2,806 stocks on the two exchanges rose, 2,230 stocks fell, 140 stocks were flat, and 17 were suspended from trading. Excluding newly listed shares on the day, there were 77 stocks that hit the limit up, and 20 stocks that hit the limit down.

Among limit-up stocks, in terms of consecutive limit-up days, there were 17 stocks with streaks of 2 days or more. Of these, ST Rui had the most consecutive limit-up boards, with a 6-day streak. MinoVara had a 5-day streak. ST Jingfeng, Shunjian Co., and Lianxiang Co. all had 3-day streaks. Falsheng, Shuanglu Pharmaceutical, Jiu’an Medical, China Nonglian, Lionhead Co., Hangdian Co., and other 12 stocks had 2-day streaks.

Main fund net outflow of 17.081 billion yuan across the Shanghai and Shenzhen markets; main funds in 12 industries show net inflows

Data from Wind shows that main funds on the Shanghai and Shenzhen markets saw a net outflow of 17.081 billion yuan today. Of that, main funds in the ChiNext saw a net outflow of 9.156 billion yuan. Main funds in the CSI 300 constituent stocks saw a net outflow of 14.125 billion yuan. Main funds in the STAR Market saw a net inflow of 1.313 billion yuan.

By industry: of the 31 primary industries under Shenwan classification, 12 industries showed net inflows from main funds today. The agricultural and animal husbandry industry had the largest net inflow, at 2.443 billion yuan. Industries with net inflows among the top also included defense and military industry, building materials, communications, with net inflow amounts of 0.96 billion yuan, 0.704 billion yuan, and 0.667 billion yuan, respectively. Of the 19 industries that showed net outflows from main funds, power equipment had the largest net outflow, at 7.929 billion yuan. Among the industries with relatively higher net outflows were public utilities, electronics, computers, non-bank financials, and media, with net outflow amounts of 3.691 billion yuan, 2.96 billion yuan, 2.699 billion yuan, 1.473 billion yuan, and 0.879 billion yuan, respectively.

80 stocks received net inflows from main funds exceeding 1 billion yuan

For individual stocks: today, 2,182 stocks received net inflows from main funds, of which 80 stocks received net inflows exceeding 1 billion yuan. Pingtan Development had the largest net inflow, at 1.797 billion yuan. Other top net inflow stocks included Opto-Device, Zhongli Group, Fujing Technology, Demingli, and Changxinyaochuang, with net inflow amounts of 0.648 billion yuan, 0.637 billion yuan, 0.515 billion yuan, 0.491 billion yuan, and 0.491 billion yuan, respectively.

118 stocks were net sold by main funds exceeding 1 billion yuan

Today, 2,990 stocks were net sold by main funds, of which 118 stocks were net sold in excess of 1 billion yuan. The stock with the largest net outflow from main funds was Sungrow, with a net outflow of 1.676 billion yuan. Other stocks with top net outflows included Luxshare Precision, Ganfeng Lithium, Jinjiechuang, Goldwind Technology, and EVE Energy, with net outflow amounts of 1.324 billion yuan, 1.298 billion yuan, 1.197 billion yuan, 0.62 billion yuan, and 0.579 billion yuan, respectively.

Institutional net buy of 11 stocks on the trading board; Shunjian Co. leads

Post-market trading board data shows that today, institutional席位 combined saw a net sell of about 96.8364 million yuan. Among them, 11 stocks were net bought and 15 stocks were net sold. The stock with the largest institutional net buy was Shunjian Co., with an institutional net buy amount of about 135 million yuan. Other stocks with leading institutional net buys included Guanglian Aviation, Xuelang Environment, and Huitian Thermal Power, among others. The stock with the largest institutional net sell was Jiu’an Medical, with an institutional net sell amount of about 117 million yuan. Stocks with leading institutional net sells also included Guangxi Energy, Haike Xinyuan, and Mairway Shares, among others.