Di Yi Cai Jing·2025-06-13 07:20Market Overview - The three major stock indices collectively declined, with the Shanghai Composite Index down 0.75%, the Shenzhen Component down 1.1%, and the ChiNext Index down 1.13%, resulting in over 4,400 stocks falling [2][4]. Sector Performance - The IP economy, innovative pharmaceuticals, AI applications, new consumption, computing power, smart driving, robotics, photovoltaic, and new energy vehicle sectors experienced a pullback, while the oil, military, gold, and shipping sectors showed resilience [4][9]. - The oil and gas extraction and service sector rose by 8.89%, with significant inflows of 12.32 billion, while the beauty care sector fell by 4.69% with outflows of 4.08 billion [5]. - The precious metals sector remained strong, with companies like Xiaocheng Technology rising over 11% and several others gaining over 5% [6]. Capital Flow - Main capital flows showed net inflows into the oil and petrochemical, national defense and military, public utilities, transportation, basic chemicals, and social services sectors, while there were net outflows from the automotive, media, food and beverage, computer, pharmaceutical, and banking sectors [9]. - Specific stocks such as Hainengda, Hengxuan Technology, and Shanghai Rural Commercial Bank saw net inflows of 8.44 billion, 7.15 billion, and 6.93 billion respectively [10]. - Conversely, companies like BYD, Kweichow Moutai, and Wuliangye faced sell-offs amounting to 13.92 billion, 13.5 billion, and 7.5 billion respectively [11]. Institutional Insights - Guojin Securities noted that the oil and gas sector is experiencing rapid speculation, while the precious metals sector shows better sustainability [12]. - Jianghai Securities highlighted that high-dividend oil and petrochemical sectors are likely to see rotation opportunities [12]. - The current market is under pressure at the 3,400-point technical level, with short-term adjustment pressures increasing due to external factors and resistance levels [12].