2 1 Shi Ji Jing Ji Bao Dao·2026-01-26 10:55Core Viewpoint - On January 26, the Shanghai Composite Index fell by 0.09%, the Shenzhen Component Index decreased by 0.85%, and the ChiNext Index dropped by 0.91%. Notably, Wangsong Technology (300017.SZ) saw a significant net inflow of 614 million yuan, while Baiyin Nonferrous Metals (601212.SH) experienced a net outflow of 685 million yuan [1][5]. Group 1: Stock Performance - Wangsong Technology closed up by 20.03% with a turnover rate of 22.89%, and it had the highest net buying amount of 614 million yuan, accounting for 8.86% of the total trading volume [1][5]. - Baiyin Nonferrous Metals, despite a net selling of 685 million yuan, closed up by 10.03% with a turnover rate of 8.5% [1][4]. Group 2: Institutional Activity - A total of 42 stocks appeared on the institutional trading list, with institutions net buying 31.75 million yuan across 22 stocks and net selling 20 stocks [5][10]. - The highest net buying by institutions was also in Wangsong Technology, which saw a net purchase of 218 million yuan [6][14]. Group 3: Northbound Capital - Northbound capital participated in 32 stocks, with a total net outflow of 948 million yuan. The highest net buying was in Jili Squeeze (002342.SZ) at 139 million yuan, while Baiyin Nonferrous Metals had the largest net selling at 369 million yuan [10][12]. - Northbound capital net bought 13 stocks and net sold 19 stocks on the same day [10][13]. Group 4: Institutional and Northbound Divergence - There were notable divergences between institutional and northbound capital activities, with institutions selling Jili Squeeze while northbound capital bought it, indicating differing market sentiments [13][14].