Zheng Xing Xing Ye Ri Bao·2026-01-20 08:56Market Overview - On January 20, the securities sector rose by 0.42% compared to the previous trading day, with Dongwu Securities leading the gains [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] Individual Stock Performance - Dongwu Securities (601555) closed at 9.29, up 2.31% with a trading volume of 945,100 shares and a transaction value of 873 million [1] - Huatai Securities (601688) closed at 23.26, up 1.88% with a trading volume of 860,000 shares and a transaction value of 1.9957 billion [1] - GF Securities (000776) closed at 22.77, up 1.52% with a trading volume of 588,800 shares and a transaction value of 1.337 billion [1] - Other notable performers include Xiangcai Co. (600095) up 1.15%, Huazheng Securities (600909) up 0.99%, and Guohai Securities (000750) up 0.94% [1] Fund Flow Analysis - The securities sector saw a net inflow of 480 million from institutional investors, while retail investors experienced a net outflow of 354 million [2] - The overall fund flow indicates a mixed sentiment, with institutional buying contrasting with retail selling [2] Detailed Fund Flow for Selected Stocks - Zhaoyuan Group (601211) had a net inflow of 281 million from institutional investors, while retail investors saw a net outflow of 184 million [3] - CITIC Securities (600030) experienced a net inflow of 197 million from institutional investors, with retail investors having a net outflow of 1.746 million [3] - Huatai Securities (601688) recorded a net inflow of 123 million from institutional investors, while retail investors had a net outflow of 1.39 million [3] - Other stocks like Zhongjin Company (566109) and China Merchants Securities (600999) also showed significant net inflows from institutional investors [3]