收盘丨沪指震荡调整跌0.46%，福建本地股掀涨停潮

Market Overview - The A-share market experienced a decline with the Shanghai Composite Index falling by 0.46%, the Shenzhen Component down by 0.11%, and the ChiNext Index decreasing by 0.20% [1][2] - The total trading volume in the Shanghai and Shenzhen markets was 1.91 trillion yuan, a decrease of 47.3 billion yuan compared to the previous trading day [1][2] Sector Performance - The sectors that saw the largest declines included non-ferrous metals, pharmaceuticals, electric power grid, photovoltaic, and banking [2] - Conversely, lithium mining, aquaculture, and AI application concept stocks showed strength, with local stocks in Fujian experiencing a surge [2] - The lithium mining sector was particularly strong, with Tianhua New Energy hitting a 20% limit up, and several other stocks also reaching their daily limit [2] Fund Flow - There was a net inflow of funds into the computer, energy metals, and media sectors, while there was a net outflow from photovoltaic equipment, securities, and chemical pharmaceuticals [4] - Specific stocks that saw significant net inflows included 360 Security Technology, Huasheng Tiancheng, and Great Wall Military Industry, with inflows of 1.439 billion yuan, 1.226 billion yuan, and 866 million yuan respectively [5] - On the other hand, stocks like CATL, Sungrow Power Supply, and Century Huatong faced net outflows of 1.713 billion yuan, 1.175 billion yuan, and 1.088 billion yuan respectively [5] Institutional Insights - Huatai Securities noted that short-term uncertainties remain, suggesting that the market may continue to experience fluctuations [6] - Galaxy Securities anticipates that the year-end market will likely maintain a fluctuating structure, with a focus on "anti-involution" and dividend themes during sector rotations [6] - Xiangcai Securities believes the market is in a "slow bull" phase, predicting that November will likely continue to show wide fluctuations with a gradual upward trend [6]