Capital Flows To Exposure Institutions Intent On &Nbsp; 4 Major Industries Shock Market Busy Sucking Gold.

Since April 18th, the Shanghai Composite Index has quickly turned downward after hitting 3067 points.

Under the background of continuous market adjustment, innovation is high and innovation is low.

High innovation and low innovation

The recent announcement of CPI continued to be high in April.

Under the influence of the above factors, the Shanghai Composite Index has rapidly turned to a low level since hitting the 3067 point high level since April 18th, and so far the cumulative decline has reached 6.60%.

Under the background of continuous market adjustment, some stocks have set a new low in history, while others have been making a new high in history.

Statistics show that nearly three trading days, the United States Xinda, Luoyang glass and Shenzhen national merchants and other 46 A shares have hit a record high, so that investors who are deeply involved in the adjustment of the mire are envious.

Among them, it has surged 75.06% in April 18th to the top of all A shares in the same period, and finally hit a record high of 28.78 yuan in May 16th.

In contrast, 89 stocks, such as HP, Hanwang Technology and Anju Bao, have been embarrassed to create a new low in nearly three trading days. Their cumulative decline since April 18th has reached 44.83%, 35.98% and 32.08% respectively, which has unfortunately become the biggest victim of the recent market adjustment.

It is worth noting that some of these stocks have gone against the tide of innovation, and have driven the concept of various themes into full play.

But the most common problem is that the continuity of these themes is generally poor, resulting in relatively messy hot spots, and the market does not seem clear enough.

Some analysts pointed out that for most investors, the current A share market is the same as chicken and tasteless.

Because of the continuous adjustment of the market, on the one hand, some investors feel miserable; on the other hand, the split of stocks makes some investors feel the existence of structural opportunities at all times.

When this happens, investors' views on the A share market trend suddenly become very subtle.

Intention of capital flow exposure agency

In fact, the divergence between the two sides of the market is not only reflected in the stock market, but also at the plate level.

Yi Meng software statistics show that, for the industry sector, since April 18th, the defensive industries such as alcoholic beverages and electric power continued to be strong against the market, with a cumulative increase of 5.46% and 5.29% respectively, making it the hottest industry in the A share market.

In addition, the strong cyclical industries such as nonferrous metal mining, nonferrous metals, shipbuilding and construction machinery, respectively, fell 15.09%, 12.44%, 11.41% and 11.19% respectively, showing the most weak performance.

In terms of theme plates, the theme plates have been abandoned since April 18th, and none of them has gone up against the market. Among them, gold stocks, recycling economy, the concept of broker dealers and scarce resources have fallen to 13.10%, 11.45%, 11.24% and 11.23% respectively in April 18th.

In terms of the above industry and theme plate performance, institutional capital seems to be rapidly away from the strong cyclical industry and scarce resources.

In fact, capital flow data further confirm this speculation.

According to Yi Meng software statistics, there has been no net inflow of funds in the theme plate since April 18th. The gold stocks and scarce resources in the same period also showed a large net outflow of funds, indicating that the market is showing a "light theme" trend in the near future.

In terms of industry sectors, non-ferrous metals, construction machinery, coal and real estate have been net outflows of 11 billion 200 million yuan, 10 billion 800 million yuan, 9 billion 300 million yuan and 8 billion 200 million yuan since April 18th respectively, which has become the industry with the largest net capital outflow in the same period, indicating that institutional funds are suspected of escaping from strong cyclical industries.

Unlike the above strong cyclical industries, net inflow of liquor, air pportation, rail pport and airport industry reached 807 million yuan, 322 million yuan, 78 million yuan and 44 million yuan respectively, becoming the only 4 capital net inflow industries in the same period, indicating that institutional funds are relatively favored by the defensive industry.