The market rebounded on Monday. As of the close, the Shanghai index rose slightly by 0.04%, the Shenzhen Composite Index rose 0.37%, and the gem index rebounded to near the 5-day moving average, closing up 0.72%. The turnover of Shanghai and Shenzhen stock markets today was 864.2 billion, a decrease of 120.3 billion compared with the previous trading day, and the volume can shrink significantly.
On the disk, lithium battery industry chain (lithium ore, electrolyte, etc.), digital currency and hjt battery led the rise; Food and beverage, medicine and other consumption and large financial performance were weak.
Northbound funds continued the net buying trend. On January 24, northbound funds bought a net 3.453 billion yuan throughout the day, including 2.114 billion yuan for Shanghai Stock connect and 1.339 billion yuan for Shenzhen Stock connect.
Up to now, northbound capital has maintained a net buying trend for seven consecutive trading days, with a cumulative net buying amount of 32.932 billion yuan. Yuesheng financial management noted that the recent A-share index fluctuated repeatedly, and both the Shanghai stock index and the gem index hit a new low in the last trading day, indicating that northbound funds were not panic about this shock adjustment, but took the opportunity to absorb funds on a large scale.
Last week, northbound funds madly bought large financial sectors and significantly increased positions in bank stocks and insurance stocks. The top three sectors in the net increase of northbound funds last week were banking, insurance and battery, with a net increase of 9.285 billion yuan, 3.518 billion yuan and 2.704 billion yuan respectively; Only the home appliance sector was reduced by more than 1 billion yuan.
In terms of the top ten active stocks, northbound funds are now divided in the large financial sector, with net purchases of China Merchants Bank Co.Ltd(600036) taking the lead, with a net purchase of 1.187 billion yuan. So far, it has increased its holdings of China Merchants Bank Co.Ltd(600036) for six consecutive trading days, with a cumulative net purchase of nearly 6 billion yuan. In addition, brokerage stocks Huatai Securities Co.Ltd(601688) received a net purchase of 464 million yuan.
Insurance stocks Ping An Insurance (Group) Company Of China Ltd(601318) were reduced by 36 million yuan today, ending the net buying trend for four consecutive trading days.
Baijiu shares, Kweichow Moutai Co.Ltd(600519) today increased by 371 million yuan, has been bought for nine consecutive trading days. Wuliangye Yibin Co.Ltd(000858) obtained a net purchase of 425 million yuan and has increased its holdings for three consecutive trading days.
In terms of pharmaceutical stocks, Jiangsu Hengrui Medicine Co.Ltd(600276) ranked first in net sales, with an amount of 664 million yuan, which has been reduced for four consecutive days; Wuxi Apptec Co.Ltd(603259) was net sold by 327 million yuan.
(statement: the contents of the article are for reference only and do not constitute investment suggestions. Investors operate accordingly at their own risk.)
