Main Capital Inflows Hit RMB48.5 billion on July 27; Electronics Lead, Changxin Tech Surges 465% on Debut
On July 27, main capital inflows across Shanghai and Shenzhen markets totaled RMB48.51 billion, with the CSI 300 constituent stocks attracting RMB1.55 billion. Among Shenwan first-level industries, 19 saw net inflows, led by electronics at RMB36.78 billion. Changxin Technology (N Changxin) debuted on the STAR Market, drawing RMB33.84 billion in net inflows and closing up 465.82% at RMB49 per share, with a market value of about RMB3.28 trillion, becoming the largest A-share company by market cap.
On July 27, main capital inflows across the Shanghai and Shenzhen markets totaled RMB48.51 billion, with CSI 300 constituent stocks attracting RMB1.55 billion in net inflows.
Among Shenwan first-level industries, 19 recorded net main capital inflows. The electronics sector led with RMB36.78 billion in net inflows, followed by strong inflows into power equipment, machinery, building materials, and non-ferrous metals. Twelve industries saw net outflows, with the computer and petrochemical sectors posting net outflows of RMB1.63 billion and RMB1.03 billion, respectively. Banking, national defense, and textiles and apparel each saw net outflows exceeding RMB200 million.
At the individual stock level, 80 stocks recorded net main capital inflows exceeding RMB100 million, with five surpassing RMB1 billion. Changxin Technology (N Changxin) led with RMB33.84 billion in net inflows. The company listed on the Shanghai Stock Exchange's STAR Market that day, with its share price surging 465.82% to close at RMB49 per share, giving it an A-share market value of approximately RMB3.28 trillion and making it the largest A-share company by market capitalization. Dongshan Precision saw net inflows of RMB1.25 billion, while Yoke Technology and Sinoma Science & Technology each recorded net inflows exceeding RMB1 billion. Forty-four stocks posted net outflows exceeding RMB100 million, with three surpassing RMB1 billion. Tongfu Microelectronics saw net outflows of RMB2.15 billion, with its share price up 0.04%. GigaDevice recorded net outflows of RMB1.15 billion. Hikvision, Lens Technology, and Demingli each saw net outflows exceeding RMB500 million.
In late trading, main capital inflows across the two markets totaled RMB16.31 billion, with CSI 300 constituents attracting RMB6.47 billion. Thirty-nine stocks saw late-session net inflows exceeding RMB100 million, led by Changxin Technology at RMB1.79 billion, followed by Dongshan Precision at RMB866 million. Only one stock, Hikvision, recorded late-session net outflows exceeding RMB100 million, at RMB191 million. GigaDevice, CNOOC, TELD, and SG Micro were among the stocks with the largest late-session net outflows.