Zheng Xing Xing Ye Ri Bao·2025-11-04 08:48Market Overview - The military electronics sector experienced a decline of 1.55% on November 4, with Guobo Electronics leading the drop [1] - The Shanghai Composite Index closed at 3960.19, down 0.41%, while the Shenzhen Component Index closed at 13175.22, down 1.71% [1] Stock Performance - Notable gainers in the military electronics sector included: - ST Wanfang (000638) with a closing price of 7.90, up 4.77% on a trading volume of 587,800 shares and a turnover of 443 million [1] - Aerospace Development (000547) closed at 8.98, up 4.42% with a trading volume of 1,365,800 shares and a turnover of 1.21 billion [1] - Significant losers included: - Yuanbo Electronics (688375) which closed at 70.53, down 4.20% with a trading volume of 28,200 shares and a turnover of 200 million [2] - Xicet Testing (301306) closed at 58.55, down 3.86% with a trading volume of 55,100 shares and a turnover of 325 million [2] Capital Flow - The military electronics sector saw a net outflow of 900 million from institutional investors, while retail investors contributed a net inflow of 352 million [2][3] - Key stocks with notable capital flows included: - Aerospace Development (000547) with a net inflow of 16.1 million from institutional investors, but a net outflow of 78.95 million from retail investors [3] - Guobo Electronics (688375) had a net inflow of 25.2 million from institutional investors, but also saw outflows from both retail and speculative investors [3]