Zheng Xing Xing Ye Ri Bao·2025-11-12 08:49Market Overview - The software development sector experienced a decline of 1.4% on November 12, with Fangzhi Technology leading the drop [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Top Performers - Anke Technology (600654) saw a significant increase of 10.00%, closing at 4.29, with a trading volume of 1.643 million shares and a transaction value of 690 million [1] - Yingfang Software (688435) rose by 8.61%, closing at 57.65, with a transaction value of 531 million [1] - Gaoweida (300465) increased by 6.49%, closing at 22.65, with a transaction value of 953 million [1] Underperformers - Fangzhi Technology (300235) experienced a sharp decline of 14.25%, closing at 14.20, with a trading volume of 374,200 shares and a transaction value of 553 million [2] - Caishi Information (688631) fell by 12.20%, closing at 66.80, with a transaction value of 409 million [2] - Lingzhi Software (688588) decreased by 10.27%, closing at 16.08, with a transaction value of 26.66 million [2] Capital Flow - The software development sector saw a net outflow of 4.136 billion from institutional investors, while retail investors contributed a net inflow of 3.6 billion [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Anke Technology had a net inflow of 206 million from institutional investors, while retail investors saw a net outflow of 103 million [3] - Gaoweida experienced a net inflow of 10.9 million from institutional investors, with retail investors also seeing a net outflow of 98.15 million [3] - Yingfang Software had a net inflow of 85.036 million from institutional investors, while retail investors faced a net outflow of 42.87 million [3]