Morning Capital Flows: Banks, Food & Beverage Gain; Zhongji Innolight Tops Outflows with 3.9 Billion Yuan
Early morning major funds saw net inflows into banking, food and beverage, media, home appliances, utilities, and retail sectors, while net outflows were recorded in electronics, telecommunications, power equipment, machinery, defense, and non-ferrous metals.
In terms of individual stocks, Kweichow Moutai, Yanshan Technology, and Industrial and Commercial Bank of China (ICBC) received net inflows of 626 million yuan, 622 million yuan, and 597 million yuan, respectively. On the outflow side, Zhongji Innolight, Dongshan Precision, and GigaDevice saw net outflows of 3.902 billion yuan, 3.455 billion yuan, and 3.084 billion yuan, respectively.