近4800只个股下跌

Market Performance - The three major A-share indices experienced a downward trend, with the Shanghai Composite Index falling by 1.95%, the Shenzhen Component Index down by 3.04%, and the ChiNext Index decreasing by 3.36% [2][4]. Sector Analysis - The new energy, semiconductor, and electronics sectors collectively declined, while the military, chemical, and automotive sectors also saw widespread losses. Conversely, the Hainan Free Trade Port concept surged, with stocks like Haixia Co. and Hainan Airport rising over 6% [1][4]. - The gas sector showed resilience, with Guo Xin Energy achieving a net inflow for four consecutive days, and stocks like Changchun Gas and Chengdu Gas rising over 5% [1][4]. Capital Flow - Main capital flows indicated a net inflow into sectors such as precious metals, gas, and textiles, while sectors like diversified finance, tourism, and education experienced net outflows. Notable individual stocks with net inflows included Zhongji Xuchuang and N Daosheng, while BYD and ZTE faced significant sell-offs [4][5]. Institutional Insights - Jianghai Securities noted a clear shift in capital flow and a gradual change in market style [4]. - Guocheng Investment Advisory emphasized a defensive stance prevailing in the market, while the technology sector's main logic remains intact [5]. - Dexun Securities pointed out a decrease in risk appetite for the fourth quarter, with bank stocks showing characteristics of a temporary main line [6].