Zheng Quan Shi Bao Wang·2026-01-20 09:34Market Performance - The Sci-Tech Innovation Board Index fell by 1.58%, closing at 1482.99 points, with a total trading volume of 5.652 billion shares and a turnover of 299.275 billion yuan, resulting in an average turnover rate of 2.88% [1] - Among the tradable stocks on the Sci-Tech Innovation Board, 168 stocks closed higher, with 5 stocks rising over 10% and 14 stocks rising between 5% and 10%. Conversely, 425 stocks closed lower, with 5 stocks declining over 10% [1] Turnover Rate Analysis - The turnover rate distribution shows that 3 stocks had a turnover rate exceeding 20%, 28 stocks had a turnover rate between 10% and 20%, and 105 stocks had a turnover rate between 5% and 10% [1] - The highest turnover rate was recorded by Qizhong Technology, which closed up by 16.32% with a turnover rate of 22.82% and a transaction amount of 1.312 billion yuan [1] - Other notable stocks with high turnover rates include Huahai Chengke (22.52% turnover rate, 4.24% increase) and Youxun Co. (20.31% turnover rate, 2.48% increase) [1] Sector Performance - In terms of sector performance, the electronics sector had the highest number of stocks with a turnover rate exceeding 5%, totaling 48 stocks. The computer and machinery equipment sectors followed with 18 and 17 stocks, respectively [2] - Among the stocks with a turnover rate over 5%, 54 stocks increased, with the highest increases seen in Zhongwei Semiconductor (19.99%), Qizhong Technology (16.32%), and Sains (13.80%). Conversely, the largest declines were in Pinggao Co. (-11.63%), Aerospace Hongtu (-11.22%), and Haohan Depth (-10.55%) [2] Capital Flow - In terms of capital flow, 55 stocks with high turnover rates experienced net inflows from main funds, with the largest inflows seen in Lankai Technology (345 million yuan), Baiwei Storage (276 million yuan), and Zhongwei Semiconductor (258 million yuan) [2] - Conversely, the stocks with the largest net outflows included Zhenlei Technology (-557 million yuan), Huafeng Technology (-319 million yuan), and Moer Thread (-303 million yuan) [2] Leverage Fund Movements - A total of 77 stocks with high turnover rates received net purchases from leveraged funds, with significant increases in financing balances observed in Baiwei Storage (1.152 billion yuan), Lankai Technology (777 million yuan), and Jinpan Technology (278 million yuan) [2] - Stocks with the largest decreases in financing balances included Moer Thread (-180 million yuan), Changguang Huaxin (-163 million yuan), and Muxi Co. (-97.7694 million yuan) [2]