NORTHKING TECH(SZ:002987) Xin Lang Cai Jing·2025-07-10 09:58Summary of Key Points Core Viewpoint - The trading volume of the Shanghai and Shenzhen Stock Connect reached a total of 202.64 billion, with Kweichow Moutai and CATL leading in individual stock trading volume. The non-bank financial sector saw the highest net inflow of funds, while the coal ETF experienced a significant increase in trading volume. Trading Volume - The total trading amount for the Shanghai Stock Connect was 1009.52 billion, and for the Shenzhen Stock Connect, it was 923.12 billion [2]. Top Trading Stocks - In the Shanghai Stock Connect, Kweichow Moutai ranked first with a trading volume of 24.86 billion, followed by Hengrui Medicine at 24.07 billion and China Merchants Bank at 20.13 billion [3]. - In the Shenzhen Stock Connect, CATL led with a trading volume of 29.88 billion, followed by Shenghong Technology at 17.52 billion and Xinyi Technology at 14.97 billion [4]. Sector Performance - The sectors with the highest net inflow of funds included: - Non-bank financial: 34.07 billion (3.97% net inflow rate) - Real estate: 22.61 billion (8.36% net inflow rate) - Securities: 22.28 billion (4.67% net inflow rate) [5]. - The sectors with the highest net outflow of funds included: - Electronics: -63.45 billion (-3.76% net outflow rate) - Computers: -40.40 billion (-2.58% net outflow rate) [6]. ETF Trading - The top ETF by trading volume was the Hong Kong Securities ETF with 207.00 billion, followed by the Hong Kong Innovative Drug ETF at 56.60 billion [8]. - The coal ETF saw a remarkable increase in trading volume, growing by 318% [9]. Futures Positioning - In the futures market, both long and short positions increased significantly, with the IF and IC contracts seeing a greater increase in long positions [10]. Institutional Activity - Institutional buying was notable in stocks like JA Solar, which saw a purchase of 1.32 billion, while New City faced a sell-off exceeding 500 million [11]. - The overall activity of institutional investors was relatively low, with significant selling in stocks like Honghe Technology [12]. Retail and Quantitative Trading - Retail investors showed a decline in activity, with significant buying in Xiexin Integration exceeding 1.2 billion, while stocks like BYD faced substantial selling [12]. - Quantitative trading was active, with notable purchases in Xinya Technology exceeding 1.2 billion [13].