Capital Outflow Accelerated Small Net Outflows Sharply Increased

Shanghai and Shenzhen two cities have a total of 23 billion 947 million yuan to leave.

While funds continue to withdraw weight shares, small and medium-sized boards and

The net outflow has increased sharply.

Yesterday, the industry sector also showed the characteristics of capital stampede to escape small cap stocks, but it is worth noting that many white horse growth stocks ushered in an opportunity for the layout yesterday.

On Monday, the Shanghai composite index plunged 7.70%, while the Shanghai and Shenzhen two cities once encountered 52 billion yuan of funds to stampede and fled. But since Tuesday, the funds have been flowing into the A share market for two consecutive trading days, and the stock index has begun to steadily increase the upper level. However, since Thursday, the Shanghai and Shenzhen two cities have once again returned to the net outflow pattern, and the net flow of this Friday has reached 23 billion 947 million yuan.

From industry sector capital flow data, yesterday, funds do more power relatively scattered, but fled the pace is very consistent.

The net outflow of funds in Shanghai and Shenzhen two cities increased significantly yesterday.

According to Wind information statistics, all A shares yesterday left 23 billion 947 million yuan, nearly 4 times as much as 6 billion 253 million yuan this Thursday.

As a result, only 651 stocks in the Shanghai and Shenzhen stock markets realized net inflow of funds yesterday, while at the same time, up to 1681 stocks were experiencing net outflow of funds. Two stocks in the Shanghai and Shenzhen stock markets experienced a net inflow of funds.

Yesterday, in the 28 Shen Yi industry sectors, only banks, leisure services and steel plates received net inflow of funds. The net inflow of funds was 476 million yuan, 61 million 969 thousand and 400 yuan and 36 million 431 thousand and 700 yuan respectively, while other sectors suffered the net outflow of funds. Among them, computers, machinery and equipment, national defense industry, non silver finance, non-ferrous metals, medicine and biology, media and electronics became the capital escaping plate, and yesterday's net outflow amount was more than 1 billion yuan.

It is worth noting that yesterday, the flow of industry funds also revealed that the current funds do more force relatively dispersed, but the pace of escape is more consistent.

On the one hand, yesterday's funds were not firm on the choice of sectors.

Early morning capital concentrated into the banking sector, and then entered into the leisure service sector. Late capital moved again to fight for steel, building materials and real estate plates. But on the other hand, funds were very firm for the withdrawal of the plate.

Yesterday, computers, machinery and equipment, national defense industry, non banking finance, non-ferrous metals and medical and biological sectors were all firmly withdrawn from the capital throughout the day.

Yesterday, the speed of withdrawal of funds from small and medium-sized shares suddenly accelerated, and computer, medical, biological, media, electronic and other small and medium-sized shares were relatively concentrated in the industry sector.

However, analysts pointed out that although small cap stocks appeared to be stampeding again on Friday, the white horse growth stocks that had been wrongly killed were therefore facing the opportunity of layout.

Sub sector, the sharp rise in net outflow of small cap stocks is the main driver of the significant net outflow of the two cities yesterday.

Yesterday, the net outflow of Shanghai and Shenzhen 300 was 8 billion 904 million yuan, an increase from 5 billion 996 million yuan on Thursday. At the same time, the net outflow of small and medium-sized boards increased from 907 million yuan on Thursday to 6 billion 538 million yuan, the highest since December 30, 2014.

Similar to the small and medium-sized boards, the net outflow of the gem yesterday also increased from 852 million yuan on Thursday to 3 billion 894 million yuan, the third highest since this year.

As a result, the net inflow of small and medium sized panels and gem has fallen from 268 and 166 on Thursday to 154 and 69 respectively.

No matter from the plate or industry capital flow distribution situation, this week five middle small cap stocks once again appeared stampede escape signs.

But Shenyang Wanguo Securities pointed out that in addition to retaining some stocks such as banks and real estate valuations which are not yet repaired, we should continue to reduce the allocation of strong cyclical assets.

As incremental funds will not easily leave, incremental funds from the blue chips will probably choose white horse growth stocks with relatively reasonable valuation and stable performance support.

Many white horse growth stocks that have been wrongly killed have welcomed the opportunity.