Zheng Xing Xing Ye Ri Bao·2026-01-19 08:58Core Viewpoint - The digital media sector experienced a significant decline of 4.86% on January 19, with Visual China leading the drop, while the overall market indices showed slight increases [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4114.0, up 0.29%, and the Shenzhen Component Index closed at 14294.05, up 0.09% [1]. - Visual China saw a drastic decline of 10.00%, closing at 28.44, with a trading volume of 1,001,400 shares and a transaction value of 2.859 billion [2]. Group 2: Stock Performance - Notable stocks in the digital media sector included: - Zhi De Mai (300785) closed at 63.71, up 1.35% with a transaction value of 1.287 billion [1]. - Zhangyue Technology (603533) remained unchanged at 25.54, with a transaction value of 591 million [1]. - Mango Super Media (300413) closed at 26.31, down 0.11%, with a transaction value of 562 million [1]. - Other stocks like *ST Fanli (600228) and Guomai Culture (600640) also experienced declines of 2.09% and 2.02%, respectively [1]. Group 3: Capital Flow - The digital media sector saw a net outflow of 478 million from institutional investors, while retail investors contributed a net inflow of 326 million [2]. - The capital flow for specific stocks indicated: - Zhangyue Technology had a net outflow of 37.44 million from institutional investors [3]. - Visual China faced a significant net outflow of 173.45 million, representing a 26.46% decrease [3]. - Guomai Culture also experienced a net outflow of 17.34 million, with a 2.02% decline [3].