Zheng Xing Xing Ye Ri Bao·2025-11-21 09:33Market Overview - The paper sector experienced a decline of 2.79% on November 21, with Qingshan Paper leading the drop [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Individual Stock Performance - Qingshan Paper (600103) saw a significant drop of 6.30%, closing at 3.42, with a trading volume of 1.74 million shares and a turnover of 609 million yuan [2] - Other notable declines included Minfeng Special Paper (600235) down 6.13% to 6.58, and Hengda New Materials (301469) down 5.74% to 28.25 [2] - Annie Co. (002235) was one of the few gainers, increasing by 1.29% to 8.62, with a trading volume of 2.09 million shares and a turnover of 1.82 billion yuan [1] Capital Flow Analysis - The paper sector saw a net outflow of 347 million yuan from institutional investors, while retail investors contributed a net inflow of 282 million yuan [2] - The main capital inflow was observed in stocks like Huawang Technology (605377) with a net inflow of 5.94 million yuan, while stocks like Qingshan Paper experienced a net outflow of 510,900 yuan [3]