Zheng Xing Xing Ye Ri Bao·2026-01-20 09:00Market Overview - The digital media sector experienced a decline of 2.47% on January 20, with People's Daily leading the drop [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] Stock Performance - Notable stock performances in the digital media sector included: - 365 Network (300295) closed at 13.39, up 1.13% with a trading volume of 106,000 shares and a turnover of 143 million yuan [1] - People's Daily (603000) closed at 23.51, down 5.88% with a trading volume of 1.8783 million shares and a turnover of 4.521 billion yuan [2] - Visual China (000681) closed at 26.80, down 5.77% with a trading volume of 1.6543 million shares and a turnover of 4.561 billion yuan [2] Capital Flow - The digital media sector saw a net outflow of 914 million yuan from institutional investors, while retail investors contributed a net inflow of 343 million yuan [2] - The capital flow for specific stocks included: -川网传媒 (300987) had a net inflow of 16.12 million yuan from institutional investors but a net outflow of 13.40 million yuan from retail investors [3] - 三六五网 (300295) saw a net inflow of 8.15 million yuan from institutional investors and a net outflow of 11.55 million yuan from retail investors [3] - *ST返利 (600228) experienced a significant net outflow of 16.80 million yuan from institutional investors, while retail investors had a net inflow of 9.53 million yuan [3]