Northbound funds reduced their holdings by nearly 15 billion in a single week! Buy these stocks against the trend
2024-08-11
한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina
Cailianshe reported on August 10 (Editor Li Chen) Wind data showed that northbound funds sold a large amount of 7.765 billion yuan on Friday. This week, northbound funds sold a total of 14.76 billion yuan. It is worth noting that since the beginning of the year, northbound funds have sold a total of 1.743 billion yuan.
Choice data updated today shows that on Friday (August 9), net northbound funds bought more than 100 million yuan in eight A-shares. Among them, BAIC Blue Valley's net purchase was 208 million yuan, ranking first, while Zijin Mining and Ping An Bank increased their holdings by 196 million yuan and 153 million yuan respectively. In addition, Vanke A, PetroChina, WuXi AppTec, Oriental Yuhong, and China Shipbuilding all bought more than 100 million yuan.
On the foreign selling side, Xinhecheng had a net sale of 255 million yuan, while Foxconn Industrial Internet and Gree Electric Appliances both had net sales of over 200 million yuan.
From the weekly performance (August 5 to August 9), the stocks with a cumulative net purchase amount of more than 300 million yuan by northbound funds are shown in the table below. Among them, Dongshan Precision, Kweichow Moutai, and Zijin Mining had net purchase amounts of 754 million yuan, 714 million yuan, and 674 million yuan, respectively.
In terms of selling, northbound funds sold 11 stocks with a net amount of more than 300 million yuan this week (see the table below). Midea Group and CATL sold 1.003 billion yuan and 968 million yuan respectively. Zhongji Innolight, Gree Electric Appliances, BYD, Will Semiconductor, and Haier Smart Home all sold more than 500 million yuan.
According to iFinD data from Tonghuashun, in terms of industry sectors, net purchases of food and beverage, pharmaceuticals and biology, and transportation exceeded 500 million yuan this week. In addition, net sales of household appliances, power equipment, non-bank financial, and computers and electronics exceeded 1.5 billion yuan.
In terms of market sectors, the overall net selling amount of Shanghai Main Board, Shenzhen Main Board and ChiNext was 5.725 billion yuan, 5.032 billion yuan and 4.444 billion yuan respectively this week. In terms of market value distribution, the reduction amount of CSI 100, CSI 200, CSI 500 and CSI 1000 index constituent stocks was 7.845 billion yuan, 3.252 billion yuan, 1.145 billion yuan and 2.57 billion yuan respectively.
Source: Cailianshe
