Zheng Quan Shi Bao Wang·2025-09-04 10:38Market Performance - The ChiNext Index fell by 4.25%, closing at 2776.25 points, with a total trading volume of 716.32 billion yuan, an increase of 58.75 billion yuan compared to the previous trading day [1] - Among the tradable ChiNext stocks, 506 stocks closed higher, with 7 stocks rising over 10%, including Huanlejia, Zhengye Technology, and Hangzhou Gaoxin, which hit the daily limit [1] - A total of 863 stocks closed lower, with 17 stocks declining over 10%, including Beifang Changlong, which hit the daily limit down [1] Turnover Rate - The average turnover rate for ChiNext stocks today was 4.93%, with 29 stocks having a turnover rate exceeding 20% [1] - The highest turnover rate was for Beifang Changlong at 44.12%, followed by Haoen Qidian at 40.72% [1][2] - The distribution of turnover rates showed that 148 stocks had a turnover rate between 10% and 20%, while 398 stocks had a turnover rate between 5% and 10% [1] Institutional Activity - Six high-turnover ChiNext stocks appeared on the Dragon and Tiger List, with institutional participation noted in several stocks [3] - Kexin Machinery had 4 institutional seats with a total net purchase of 104 million yuan, while Beifang Changlong had 1 institutional seat with a net purchase of 962,410 yuan [3] - The top net purchases by brokerage firms were for Shangneng Electric, Lian Te Technology, and Beifang Changlong, with net purchases of 53.57 million yuan, 25.73 million yuan, and 17.29 million yuan, respectively [3] Capital Flow - Among high-turnover stocks, 12 stocks saw net inflows from main funds, with Shangneng Electric, Kexin Machinery, and Zhongyi Technology receiving the most significant inflows of 133 million yuan, 49.99 million yuan, and 31.51 million yuan, respectively [4] - The stocks with the highest net outflows included Jiejiacreat, Xuanji Information, and Taihe Technology, with outflows of 780 million yuan, 27 million yuan, and 11.5 million yuan, respectively [4] - The detailed list of high-turnover stocks included Beifang Changlong, which closed at 118.73 yuan with a daily decline of 20% and a turnover rate of 44.12% [4][5]