Xin Lang Cai Jing·2025-10-21 10:00Summary of Key Points Core Viewpoint - The total trading volume of the Shanghai and Shenzhen Stock Connect reached 246.87 billion, with Industrial Fulian and Ningde Times leading in individual stock trading volume. The electronic sector saw the highest net inflow of funds, while the activity of institutional investors on the Dragon and Tiger list has decreased for two consecutive days [1][3]. Trading Volume - The total trading amount for the Shanghai Stock Connect was 120.83 billion, while the Shenzhen Stock Connect was 126.04 billion [1][2]. Top Trading Stocks - In the Shanghai Stock Connect, the top three stocks by trading volume were: 1. Industrial Fulian: 3.43 billion 2. Cambricon: 3.07 billion 3. Zijin Mining: 1.72 billion - In the Shenzhen Stock Connect, the top three stocks were: 1. Ningde Times: 4.77 billion 2. Zhongji Xuchuang: 4.55 billion 3. Luxshare Precision: 3.80 billion [2]. Sector Performance - The electronic sector led with a net inflow of 11.63 billion, followed by the communication sector with 5.89 billion. The banking sector experienced the highest net outflow of 1.84 billion [4][5]. ETF Trading - The top ETF by trading volume was the Hong Kong Securities ETF with 22.55 billion, followed by the Gold ETF with 9.47 billion. The Livestock ETF saw a significant increase in trading volume, up 231% compared to the previous trading day [7][8]. Futures Positions - In the futures market, both long and short positions increased across the main contracts, with the IC contract seeing a larger increase in short positions [9]. Institutional Activity - Institutional activity on the Dragon and Tiger list showed a decline, with the number of stocks bought and the net buying scale both decreasing. Notably, Yuanjie Technology was purchased by CITIC Securities for 292 million [10][12].