The Shanghai Composite Index experienced some fluctuations on February 1, with the Shenzhen Component Index and the ChiNext Index also fluctuating and rising during the session. By the end of the trading day, the Shanghai Stock Exchange Index fell 0.64% to 2770.74 points, the Shenzhen Component Index rose 0.34% to 8240.48 points, the GEM Index rose 1% to 1589.04 points, and the Beixin 50 Index fell more than 3%. The combined turnover of the two cities was reported to be 703 billion yuan.
According to Wind data, there was a noticeable inflow trend of northbound funds throughout the day. At one point, net buying exceeded 4 billion yuan, with a total net buying of 2.726 billion yuan by the end of the day. In the past three days, the cumulative increase in positions exceeded 8 billion yuan, with the Shanghai Stock Connect net buying reaching 1.126 billion yuan and the net purchase of Shenzhen-Hong Kong Stock Connect reaching 1.6 billion yuan.
The source of this article is from Securities Times Network, and the author of the article is Wu Yongfang. The original title of the article is “On the 1st, northbound funds purchased a net amount of 2.726 billion yuan, with a cumulative increase of over 8 billion yuan in the past three days.”
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