Mainland China Markets Record Net Capital Outflow of 710 Billion Yuan on July 28
On July 28, main force funds in Shanghai and Shenzhen markets recorded a net outflow of 710.01 billion yuan, while CSI 300 constituents saw a net inflow of 420.31 billion yuan. Among sectors, electronics and telecommunications led outflows with 346.05 billion yuan and 176.52 billion yuan respectively. In individual stocks, Zhongji Innolight saw the largest net outflow of 57.09 billion yuan and its share price fell 15.69%. Yanshan Technology led net inflows with 5.24 billion yuan. A total of 33 stocks had net inflows over 1 billion yuan, while 136 stocks had net outflows over 1 billion yuan.
On July 28, main force funds in the Shanghai and Shenzhen stock markets recorded a net outflow of 710.01 billion yuan, while CSI 300 constituent stocks saw a net inflow of 420.31 billion yuan. Among the Shenwan first-level industries, four sectors recorded net inflows, with real estate leading at 1.06 billion yuan, followed by building decoration, comprehensive, and coal industries. Twenty-seven sectors recorded net outflows, with electronics and telecommunications leading at 346.05 billion yuan and 176.52 billion yuan respectively. Power equipment, nonferrous metals, and machinery each saw net outflows exceeding 20 billion yuan.
In individual stocks, 33 stocks had main force net inflows exceeding 1 billion yuan. Yanshan Technology led with a net inflow of 5.24 billion yuan, reaching a new high since March 5, 2026, and marking a second consecutive day of net inflows with a cumulative total of 7.27 billion yuan. Fujing Technology, a lithography machine concept stock, ranked second with a net inflow of 4.43 billion yuan. Cambricon, Zhangjiang Hi-Tech, BYD, and Gongjin Electronics each had net inflows exceeding 2 billion yuan.
A total of 136 stocks had main force net outflows exceeding 1 billion yuan, with five stocks exceeding 20 billion yuan. Zhongji Innolight led with a net outflow of 57.09 billion yuan, and its share price fell 15.69%. Xinyisheng ranked second with a net outflow of 49.33 billion yuan. Dongshan Precision, Tongfu Microelectronics, BOE A, and Tianfu Communication were among the top net outflows.
In late trading, main force funds in the two markets recorded a net outflow of 121.86 billion yuan, while CSI 300 constituent stocks saw a net outflow of 60.85 billion yuan. Zijin Mining led late-trading net inflows with 0.89 billion yuan, followed by China Merchants Bank with 0.77 billion yuan. Nineteen stocks had late-trading net outflows exceeding 1 billion yuan, with Zhongji Innolight recording a net outflow of 10.93 billion yuan, while Xinyisheng, BOE A, C Changxin, and Ziguang also had large net outflows.