Guided readingOn March 1, northbound funds: net inflows of non-ferrous metals and net sales of non-bank financials. The top five industries with net purchases are non-ferrous metals, public utilities, basic chemicals, transportation, and defense and military industries.
On the previous trading day, the net purchase of funds from the north was 2.047 billion throughout the day, of which the net purchase of Shanghai Stock Connect was 1.708 billion, and the net purchase of Shenzhen Stock Connect was 339 million. There was a significant decrease from the previous day, showing that northbound funds are relatively cautious about the recent market.
The industry with the most net purchases by Beishang funds is non-ferrous metals, with a net purchase of 615 million, and the industry with the largest net sales is non-bank finance, with a net sales of 866 million. The top five industries with net purchases are non-ferrous metals, public utilities, basic chemicals, transportation, and defense and military industries. The top net purchases in the non-ferrous sector include Western Mining, Jinhui, Tongling Nonferrous, and Yunnan Aluminum, etc. Northbound funds have continued to buy basic chemicals, transportation, and building decoration for several consecutive trading days. Focus on tracking.
Among the top 20 net purchases of stocks, Northbound funds have made net purchases of stocks such as COSCO SHIPPING Holdings, Three Gorges Energy, and Zhonghuan Co., Ltd. for nearly 5 consecutive trading days, which can be focused on tracking. For Ganfeng Lithium Industry, Industrial Bank, and Huatai Securities to change from net selling to net buying, we can continue to focus on observation.
Among the top 20 net sales, Northbound funds have net sales of China Ping An, Angel Yeast, Tianci Materials, and Northern Rare Earth for 5 consecutive trading days. Be cautious in the short term.
