Shennan Circuit attracts multiple rounds of funding, with oil and gas stocks leading the rally as speculative funds flock in

Shanghai and Shenzhen Stock Connects are highly active today, with a total transaction volume of 317.161 billion yuan. Among them, Zijin Mining leads in trading volume through Shanghai Stock Connect, while CATL ranks first in Shenzhen Stock Connect. In terms of sector capital flows, the non-ferrous metals sector is the top net inflow of major funds, whereas the computer sector experiences significant net outflows.

Specifically, the total trading volume for Shanghai Stock Connect today is 145.275 billion yuan, with Zijin Mining, GigaDevice, and Kweichow Moutai ranking the top three in trading volume. For Shenzhen Stock Connect, the total trading volume is 171.886 billion yuan, with CATL, Zhongji Xuchuang, and Tianfutong Communications in the top three. Sector performance shows gains in oil and gas, precious metals, cultivated diamonds, and chemicals, while film and television theaters and AI applications sectors decline.

Regarding major fund movements, the non-ferrous metals sector has the largest net inflow of major funds, while the computer sector faces the largest net outflows. On individual stocks, Zhongji Xuchuang receives the highest net inflow of major funds, while Huasheng Tiancheng experiences the largest net outflow. The top ten stocks by net inflow and outflow of major funds are spread across various sectors, indicating diversified market fund flows.

The ETF market is also active. A500 ETF (512050) and Gold ETF (518880) rank first and second in trading volume. Notably, the S&P Oil & Gas ETF (159518) has a 367% month-over-month increase in trading volume, leading the growth list, while the S&P Oil & Gas ETF (513350) follows with a 322% increase.

In the futures market, among the four major futures contracts, IH, IF, and IC contracts see both long and short positions reducing their holdings, while IM contracts see both sides increasing their positions, with shorts adding more. This indicates growing market divergence on future trends.

Data from the龙虎榜 (Top Investors List) shows high activity among institutional investors. South China Circuit’s stock surged to the daily limit, with two institutions buying a total of 96.32 million yuan, and Shenzhen Stock Connect also bought 413 million yuan. Huagong Technology and Sanbian Technology are also favored by institutions, with three and four institutions respectively buying 189 million yuan and 155 million yuan. Among retail funds, top-tier traders are active, with South China Circuit and Tongyuan Petroleum being major targets. Tongyuan Petroleum hit the daily limit with a 20-cent increase, with three top traders collectively buying 154 million yuan.

Quantitative funds show a significant decline in activity. Dayuan Technology becomes a focal point for quant strategies, with Guotai Haitong Securities headquarters buying 65.07 million yuan, while Goldman Sachs Shanghai Century Avenue branch sold 128 million yuan. This data reflects adjustments in quantitative trading strategies amid market volatility.