Fiscal and Tax Digitalization Sector Falls 1.69% on Aug 7; Main Funds Net Out RMB 1.218 Billion
The fiscal and tax digitalization concept sector fell 1.69% on Aug 7, ranking among the worst-performing concept sectors that day. Main funds recorded a net outflow of RMB 1.218 billion, with 49 stocks seeing net outflows, including 12 exceeding RMB 50 million. Weaver Network led the decline, falling 7.17% with a turnover rate of 18.66%, and also saw the largest net outflow of RMB 280 million. Among gainers, Hongjing Technology, Zhidu Co. , and Jiechuang Intelligent rose 2.28%, 2.13%, and 1.89%, respectively, while Zhidu Co. and Hongjing Technology also led net inflows.
Fiscal and tax digitalization concept sector fell 1.69% as of the close on Aug 7, ranking among the top decliners in the day's concept sector performance. Within the sector, Zhiyuan Interconnect, Topsec, and Weaver Network were among the leading decliners. On that day, 14 stocks in the sector advanced, with Hongjing Technology, Zhidu Co. , and Jiechuang Intelligent leading the gains, rising 2.28%, 2.13%, and 1.89%, respectively.
In terms of capital flows, the sector saw a net main-fund outflow of RMB 1.218 billion on the day, with 49 stocks recording net outflows of main funds, of which 12 had net outflows exceeding RMB 50 million. The largest net outflow was from Weaver Network, which saw a net main-fund outflow of RMB 280 million; followed by Yonyou Network, Hande Information, and Shuiyou Co. , with net outflows of RMB 259 million, RMB 157 million, and RMB 107 million, respectively. Among the leading net inflows were Zhidu Co. , Hongjing Technology, and UCloud, with net main-fund inflows of RMB 288 million, RMB 249 million, and RMB 11.4544 million, respectively.
From the perspective of individual stock performance, Weaver Network fell 7.17% on the day with a turnover rate of 18.66%; Topsec fell 7.61% with a turnover rate of 14.59%; and Zhiyuan Interconnect fell 7.97% with a turnover rate of 12.77%. In addition, Yonyou Network fell 2.25%, Hande Information fell 2.68%, Shuiyou Co. fell 4.27%, iSoftStone fell 1.11%, Hehe Information fell 0.20%, Pulian Software fell 3.20%, Sichuan Changhong fell 1.01%, Yuxin Technology fell 2.46%, Guotou Intelligent fell 7.07%, China Software fell 1.83%, and Bosi Software fell 4.25%. Stocks that rose on the day also included Jiechuang Intelligent, up 1.89%, Zhongchuang Co. , up 1.29%, Guoke Hengtai, up 1.15%, Dipu Technology, down 2.76%, and UCloud, up 0.57%.