On December 29, the three major indexes of A-Shares closed down. The Shanghai index fell 0.91%, the Shenzhen composite index fell 1.24% and the gem index fell 1.4%. The turnover of the two cities was 997.3 billion, a decrease of 5.4 billion compared with the previous trading day, and the trading volume fell below trillion again. On the disk, China shipbuilding, airport shipping, COVID-19 testing, Saline Lake lithium extraction, intelligent logistics and other plate sales rose, planting industry and forestry, Baijiu, Yuan universe, dairy industry and other plate top down.
On December 29, the net purchase of northbound funds was 661 million yuan, including 186 million yuan for Shanghai Stock connect and 475 million yuan for Shenzhen Stock connect. Northbound funds have bought net for three consecutive trading days.
Yuesheng financial management pointed out that although the market trend is relatively weak due to the tight liquidity in China at the end of the year and the cashing of institutions at the end of the year, the inflow of northward funds also reflects the low possibility of a sharp decline in the market to a certain extent. The inflow of Shanghai Stock connect is dominated by banks and insurance, and the purchase of Shenzhen Stock connect is dominated by lithium batteries, which reflects that northbound funds prefer the banking sector with high safety margin and the lithium battery sector in the future development direction.
In terms of the top ten active stocks of northbound funds, Contemporary Amperex Technology Co.Limited(300750) , Luzhou Laojiao Co.Ltd(000568) , Wingtech Technology Co.Ltd(600745) net purchases ranked among the top three, with net purchases of 617 million yuan, 358 million yuan and 198 million yuan respectively. It is worth noting that Contemporary Amperex Technology Co.Limited(300750) has been net purchased by northbound funds for four consecutive trading days, with a cumulative net purchase of more than 2 billion yuan.
The top three stocks with net sales were China Merchants Bank Co.Ltd(600036) , Wuxi Apptec Co.Ltd(603259) , East Money Information Co.Ltd(300059) , with net sales of 860 million yuan, 479 million yuan and 314 million yuan respectively.
(21st Century Business Herald)
