Against the Market! 3 Stocks Receive Net Inflows Exceeding 1.1 Billion

Only two industries experienced net inflows of major funds.

The three major A-share indices declined collectively today (March 23), with the Shanghai Composite Index retreating below the 3,800-point mark. Almost all industry sectors fell, with only the coal sector rising against the trend; sectors such as precious metals, hotels and catering, components, tourist attractions, optical electronics, medical beauty, home goods, and social services saw the largest declines.

From today’s major fund flow data, net outflows of 79.483 billion yuan were recorded across the Shanghai and Shenzhen markets throughout the day. Only the light industry manufacturing and coal sectors experienced net inflows of major funds, amounting to 544 million yuan and 473 million yuan respectively.

Among the 29 sectors with net outflows, the electronics sector saw the largest net outflow of over 19.9 billion yuan; the computer, electric power equipment, and machinery sectors each experienced net outflows exceeding 6 billion yuan; communication, non-ferrous metals, pharmaceuticals and biologicals, and defense military industries each saw net outflows over 4 billion yuan.

Four stocks experienced net outflows of major funds exceeding 1.1 billion yuan each

Looking at individual stocks, 42 stocks had net inflows of over 10 million yuan, and 8 stocks had net inflows exceeding 40 million yuan.

GCL System Integration led with a net inflow of 1.366 billion yuan. The photovoltaic equipment sector is currently one of the market hotspots; the company stated that its main business has not undergone significant changes, focusing on ground photovoltaic cells, modules, and energy storage systems.

BYD had a net inflow of 1.36 billion yuan, ranking second. Due to rising crude oil prices and other factors, BYD (002594) directly benefits from the substitution effect caused by soaring fuel vehicle costs, amplifying the advantage of new energy vehicles being cheaper to use, which has sharply boosted terminal orders and market optimism for the new energy sector.

Shunhao Co., Ltd. hit the daily limit, with a net inflow of 1.171 billion yuan. The company previously announced that it currently only holds a stake as an investor in Tracklight, whose “Tian Shu Tian Suan” business may only have clear commercial value in the next five years; the “Earth Data Center” business of space data may only gradually gain the ability to compete with ground data centers in the next 5-10 years.

According to data from Data Treasure, today 76 stocks experienced net outflows of major funds exceeding 200 million yuan, with Shenghong Technology (300476), Sungrow Power Supply (300274), Huagong Tech (000988), and CATL (300750) leading with outflows over 1.1 billion yuan each.

Stocks with net inflows of major funds reversing the trend at the close

Data from Data Treasure shows that at the close, net outflows of major funds across Shanghai and Shenzhen markets totaled 13.843 billion yuan. Only the steel and petrochemical sectors experienced net inflows of major funds at the close, amounting to 35.07 million yuan and 8.99 million yuan respectively.

Among individual stocks, Zijin Mining (601899), Shunhao Co., Ltd. (002565), Galaxy Cloud Network (300383), and Silver Jay (300085) saw net inflows of over 50 million yuan from major funds at the close.

Today, Zijin Mining announced it will acquire control of Chifeng Gold (600988), with a total transaction price exceeding 18.2 billion yuan. The actual controller of Chifeng Gold, Li Jinyang, will no longer hold any shares.

From the net outflows at the close, CATL experienced the largest net outflow of over 300 million yuan; BYD, Sungrow Power Supply, Inovance (002837), East Money Information (300059), ZTE Corporation (000063), and Sanhua Intelligent Controls (002050) each experienced net outflows exceeding 100 million yuan.

?Disclaimer: All information from Data Treasure does not constitute investment advice. The stock market involves risks; please invest cautiously.

(Edited by: Zhang Yang HN080)

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