This week, the net inflow of northbound funds was 10.607 billion yuan, of which the net inflow of Shanghai Stock Connect was 8.779 billion yuan and the net inflow of Shenzhen Stock Connect was 1.828 billion yuan.
The top three net purchases were Tianqi Materials, Ningde Times and Yili Shares, with net purchases of 2.371 billion yuan, 1.664 billion yuan and 1.660 billion yuan respectively.
The top three net sales were Ping An, Gree Electric Appliances and Midea Groups, with net sales of 2.912 billion yuan, 2.775 billion yuan and 1.769 billion yuan.
In terms of the broader market index, the Shanghai index fell 0.98% this week, the Shenzhen component index fell 0.29%, and the ChiNext index rose 2%.
Zhongyuan Securities pointed out that after three consecutive days of rapid exploration, the stock index began to show signs of stabilization on Friday, and whether it can continue to rise in the future still needs to be driven by policy and sustained leading hot spots. It is expected that the shanghai index short-term small fluctuations are more likely, and the short-term short-term consolidation of the ChiNext market is more likely. Investors are advised to pay careful attention to investment opportunities in industries such as aerospace and military industry, food and beverage, and new materials in the short term, and continue to pay attention to investment opportunities in undervalued blue-chip stocks in the medium term.
Haitong Securities Research Report said that this week, the market rushed higher and fell back, further adjustment. This wave of correction is mainly due to the decline of cyclical stocks with large gains in the previous period under the policy bearishness. At present, the cyclical stocks represented by coal have pulled back from the high level by nearly 25%, although there may be shocks in the short term, but the risks have been fully released. In addition, core assets represented by consumption and banking have recently come out of the bottom form. After nearly half a year of adjustment, the valuation of high-quality companies in the above industries tends to be reasonable. Some top-tier public offering managers also carried out additional positions in the third quarter. The agency believes that the pro-cyclical adjustment is coming to an end, high-quality core assets will form an effective support for the index, and the risk of the index continuing to decline is small.