The net inflow of funds going north this week was 445 million yuan, with a cumulative net inflow of 1611436 billion yuan. In the last 30 trading days, the net outflow of funds from Beishang was 46.124 billion yuan.
The proportion of foreign capital holding in the circulating eight shares was 3.46%, a decrease of 0.69% compared with June 2021.
The top five industries that received net purchases of northbound funds this week were power equipment, public utilities, coal, real estate and building decoration, with net purchases of 3.521 billion yuan, 1.222 billion yuan, 841 million yuan, 745 million yuan and 540 million yuan respectively. The top five industries that obtained net sales of northbound funds were steel, banking, automobile, non bank finance and electronics, with net sales of 767 million yuan, 950 million yuan, 997 million yuan, 1488 million yuan and 2579 million yuan respectively.
The market fell this week, and foreign capital continued to buy power equipment in the decline. Observing the foreign capital allocation in recent three months, the market performance of the industries that have obtained the net capital from the north is significantly better than that of the industries that have sold, such as banking and real estate. From the distribution of the top 50 stocks net purchased by foreign investors this week, power equipment, medicine, biology and coal are favored.
