Zheng Quan Shi Bao Wang·2025-11-11 09:14Market Overview - The Shanghai Composite Index fell by 0.39% on November 11, with 15 industries rising, led by retail and real estate, which increased by 1.43% and 0.81% respectively. The telecommunications and electronics sectors experienced the largest declines, down by 2.20% and 1.74% respectively [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 56.242 billion yuan, with five industries seeing net inflows. The banking sector led with a net inflow of 808 million yuan and a 0.35% increase, followed by the steel industry, which rose by 0.62% with a net inflow of 391 million yuan [1] - A total of 26 industries experienced net capital outflows, with the electronics sector seeing the largest outflow of 13.026 billion yuan, followed by the computer sector with an outflow of 7.028 billion yuan. Other sectors with significant outflows included power equipment, non-bank financials, and telecommunications [1] Telecommunications Sector Performance - The telecommunications sector declined by 2.20%, with a total net capital outflow of 3.991 billion yuan. Out of 124 stocks in this sector, 36 rose, including one that hit the daily limit, while 83 fell [2] - Within the telecommunications sector, 42 stocks saw net capital inflows, with six stocks receiving over 50 million yuan. The top inflow was for Yongding Co., which had a net inflow of 426 million yuan, followed by Changxin Bochuang and Online Offline with inflows of 391 million yuan and 141 million yuan respectively [2] - The stocks with the largest capital outflows included ZTE Corporation, with an outflow of 1.064 billion yuan, followed by New Yisheng and Tianfu Communication with outflows of 777 million yuan and 528 million yuan respectively [4]