Xin Lang Cai Jing·2025-12-04 11:42Core Viewpoint - The Shanghai Composite Index fell by 0.06% on December 4, with nine industries rising, led by machinery and electronics, while the social services sector experienced a significant decline [1][5]. Market Performance - The machinery and equipment industry rose by 0.90%, with a net inflow of 2.911 billion yuan, while the electronics sector increased by 0.78% with a net inflow of 2.444 billion yuan [1][5]. - The social services industry dropped by 1.62%, with a net outflow of 771 million yuan, and only 10 out of 79 stocks in this sector rose [2][6]. Fund Flow Analysis - Overall, the main market saw a net outflow of 24.304 billion yuan, with 26 industries experiencing outflows, the largest being in the electric power equipment sector at 4.114 billion yuan, followed by electronics at 3.866 billion yuan [1][5]. - In the social services sector, the top three stocks with the highest net outflows included Tongqinglou, Zhonggong Education, and Guomai Technology, with outflows of 1.03 billion yuan, 900.469 million yuan, and 749.612 million yuan respectively [2][6]. Notable Stocks - The top stock with net inflow in the social services sector was China High-Tech, with an inflow of 1.07 billion yuan, followed by Zhongti Industry and Su Shi Testing with inflows of 26.497 million yuan and 14.333 million yuan respectively [2][6]. - The stocks with the largest declines included Tongqinglou at -10.01%, Zhonggong Education at -4.02%, and Guomai Technology at -3.56% [2][6].