Zheng Xing Xing Ye Ri Bao·2025-09-12 08:37Core Viewpoint - The publishing sector experienced a decline of 0.97% on September 12, with Chinese Online leading the drop, while the Shanghai Composite Index rose by 0.22% and the Shenzhen Component Index increased by 0.13% [1][2]. Group 1: Market Performance - The publishing sector's main stocks showed mixed performance, with notable declines in Chinese Online, which fell by 3.87% to a closing price of 27.81 [2]. - Key stocks in the sector included: - Yue Media: Closed at 10.11, up 6.09% - Longyuan Media: Closed at 15.50, up 4.03% - China Science Publishing: Closed at 21.57, up 0.94% [1]. Group 2: Trading Volume and Capital Flow - The total trading volume for the publishing sector was significant, with Chinese Online alone accounting for a trading volume of 726,900 shares and a transaction value of 2.019 billion [2]. - The sector saw a net outflow of 386 million from institutional investors, while retail investors contributed a net inflow of 346 million [2][3]. Group 3: Individual Stock Capital Flow - Notable capital flows for individual stocks included: - Zhongnan Media: Net inflow of 23.14 million from institutional investors, but a net outflow of 25.34 million from retail investors [3]. - Longyuan Media: Net inflow of 17.46 million from institutional investors, with a net outflow of 10.82 million from retail investors [3]. - The overall trend indicated a shift in capital dynamics, with retail investors showing resilience despite institutional outflows [3].