Data Review | Insurance, Banking and Other Sectors Rally as 54 Stocks Receive Net Capital Inflows Exceeding 100 Million Yuan from Major Players

On March 17, the Shanghai Composite Index surged early but then pulled back, drifting lower in the afternoon; the Shenzhen Component Index and the ChiNext Index also rose early and then declined, fluctuating downward in the afternoon. The STAR Market 50 Index dropped sharply at the start, then rebounded, but fell again near midday, and continued to fluctuate lower in the afternoon. By the close, the Shanghai Composite Index was at 4,049.91 points, down 0.85%, with a trading volume of 951.2 billion yuan; the Shenzhen Component Index was at 14,039.73 points, down 1.87%, with a trading volume of 1.2566 trillion yuan; the ChiNext Index was at 3,280.06 points, down 2.29%, with a trading volume of 563.8 billion yuan; the STAR Market 50 Index was at 1,354.15 points, down 2.23%, with a trading volume of 58.4 billion yuan. The combined trading volume of the Shanghai and Shenzhen markets was 2.2078 trillion yuan, a decrease of 117.5 billion yuan from the previous trading day.

*Insurance, banking, and other sectors strengthen; ST Jin Hong and ST Panda hit 6 consecutive limit-ups

Market sectors and concepts mostly declined, with some sectors like insurance, banking, securities, and food & beverages showing gains. Active concepts included low-carbon metallurgy, rent and sale rights, and brokerage firms. Sectors such as telecommunications, electronics, defense and military, chemicals, machinery, power equipment, computers, and environmental protection led declines; concepts like CPO, optical communication modules, composite flow fluids, cultivated diamonds, glass substrates, helium, PCBs, and liquid cooling performed weaker. Stocks hitting the daily limit-up were mainly in chemicals, power equipment, construction and decoration, utilities, and real estate.

As of the close, 822 stocks in Shanghai and Shenzhen rose, 4,289 declined, 71 remained unchanged, and 9 were suspended. Excluding newly listed stocks today, 52 stocks hit the daily limit-up, and 15 stocks hit the daily limit-down.

Among the limit-up stocks, 19 had been on limit-up for two or more consecutive days. Notably, ST Jin Hong and *ST Panda both hit six consecutive limit-ups, the most among all; *ST Jingfeng and *ST Zhengping each hit five; Farsun and Sanfangxiang each hit four; Xihua Technology, Jingtou Development, Chitianhua, and Yaxiang Integration each hit three; and Shunnao, Shenhua Development, Guosheng Technology, Huadian Liaoning, and Zhulang Intelligent each hit two.

Main funds net outflow of 60.37 billion yuan in Shanghai and Shenzhen; 7 sectors show net inflow

Wind data shows that the main funds in Shanghai and Shenzhen net sold 603.7 billion yuan today; among them, the main funds in the ChiNext net sold 28.582 billion yuan; the main funds in the CSI 300 index components net sold 14.207 billion yuan; while the main funds in the STAR Market net bought 1.51 billion yuan.

Looking at sectors, out of 31 primary sectors classified by Shenwan, 7 sectors experienced net inflows of main funds today. The non-bank financial sector saw the largest net inflow, with 1.2 billion yuan; other sectors with significant inflows included automotive and steel, with 751 million and 316 million yuan respectively. The remaining 24 sectors experienced net outflows, with the communication sector seeing the largest net outflow of 10.09 billion yuan; other sectors with notable outflows included electronics, power equipment, machinery, computers, defense and military, and chemicals, with net outflows of 9.666 billion, 8.556 billion, 6.155 billion, 5.087 billion, 4.303 billion, and 3.715 billion yuan respectively.

54 stocks see net inflow of over 100 million yuan from main funds

In individual stocks, 2,052 stocks received net inflows from main funds today, with 54 stocks experiencing net inflows exceeding 100 million yuan. GCL System Integration received the largest net inflow, totaling 2.069 billion yuan; other stocks with significant inflows included Shanxi High-tech, East Money, Shunhao Shares, Lixun Precision, and Tonghuashun, with net inflows of 1.339 billion, 743 million, 686 million, 645 million, and 603 million yuan respectively.

211 stocks see net outflow of over 100 million yuan from main funds

Today, 3,128 stocks experienced net outflows from main funds, with 211 stocks seeing net outflows exceeding 100 million yuan. The stock with the largest net outflow was China Hi-Tech Group, with 2.154 billion yuan; other stocks with significant outflows included Tianfu Communications, Sunshine Power, Easpring, Zhongji Xuchuang, and Goldwind Technology, with net outflows of 2.098 billion, 1.715 billion, 1.173 billion, 1.056 billion, and 952 million yuan respectively.

Top 10 stocks with net buy by institutional investors on the龙虎榜; Xinghuan Technology ranks first

Post-market龙虎榜 data shows that institutional funds sold approximately 84.91 million yuan today. There were 10 stocks with net institutional buy-ins and 13 with net sell-offs. The stock with the highest net institutional buy was Xinghuan Technology, with about 119 million yuan; other stocks with notable net buy-ins included Xiangming Intelligent, Shunnao Shares, and Gude Electric Materials. The stock with the largest net sell was Zhaoyan New Drug, with about 202 million yuan; others with significant net sell-offs included Zhongci Electronics, Zhongfu Shenying, and Farsun.