Sou Hu Cai Jing·2026-02-06 12:09Core Viewpoint - The trading volumes of the Shanghai and Shenzhen Stock Connects indicate significant investor activity, with notable inflows and outflows in various sectors and stocks, reflecting market sentiment and investment trends. Trading Volume Summary - The total trading amount for the Shanghai Stock Connect was 134.14 billion, while the Shenzhen Stock Connect reached 153.30 billion [1]. Top Stocks by Trading Volume Shanghai Stock Connect - The top traded stocks included: - Kweichow Moutai (28.75 billion) - Zijin Mining (26.79 billion) - Industrial Fulian (20.01 billion) [2]. Shenzhen Stock Connect - The leading stocks were: - CATL (59.16 billion) - Tianfu Communication (43.66 billion) - Zhongji Xuchuang (36.11 billion) [3]. Sector Performance - Sectors such as oil and gas, batteries, and chemicals showed strong performance, while consumer sectors experienced declines [4]. Major Fund Inflows and Outflows Fund Inflows - The top sectors with net inflows included: - New Energy (51.65 billion, 1.97%) - Basic Chemicals (37.74 billion, 3.09%) [5]. Fund Outflows - The sectors with the highest net outflows were: - Defense and Military (50.28 billion, -5.27%) - Cultural Media (42.94 billion, -4.62%) [6]. Individual Stock Fund Monitoring Net Inflows - The stocks with the highest net inflows included: - Wuzhou Xinchun (11.85 billion, 30.31%) - Daji Shares (10.68 billion, 35.91%) [7]. Net Outflows - The stocks with the highest net outflows included: - Xinyi Sheng (29.11 billion, -17.14%) - Zhongbiao Xuchuang (15.56 billion, -8.69%) [8]. ETF Trading Summary Top ETFs by Trading Volume - The leading ETFs by trading amount included: - Gold ETF (19.03 billion, -5.10%) - A500 ETF Fund (14.96 billion, -4.58%) [9]. ETFs with Highest Growth in Trading Volume - The ETFs with the highest growth in trading volume included: - Brazil ETF (19.82 billion, 298.93%) - Hang Seng Dividend Low Volatility ETF (4.25 billion, 178.74%) [10]. Futures Positioning - Among the four major futures contracts, both long and short positions were reduced, with the IM futures contract seeing a significant increase in short positions, indicating heightened bearish sentiment [11]. Institutional Activity Buying Activity - Notable institutional buying included: - Enjie Shares (10.00%, 180 million) - Red Treasure (1.94%, 113 million) [12]. Selling Activity - Significant selling activity was observed in: - Jieli Suojun (2.79 billion) [13]. Retail and Quantitative Fund Activity Retail Activity - Retail investors showed reduced activity, with notable purchases in: - Jieli Suojun (1.63 billion) [14]. Quantitative Fund Activity - Quantitative funds were active, with significant purchases in: - Enjie Shares (1.07 billion) [15].