宏观市场周报

Market Performance - The Shanghai Composite Index closed at 2949.93 points, down 0.59% for the week[43] - The Shenzhen Component Index fell 1.73%, closing at 8695.55 points[43] - Average daily trading volume was 6107.60 billion RMB, a decrease of 8.31% from the previous week[43] Capital Flow - Net outflow of northbound funds was 139.47 billion RMB, with Shanghai Stock Connect seeing a net outflow of 44.92 billion RMB and Shenzhen Stock Connect 94.55 billion RMB[43] - Total net outflow of main funds was 593.66 billion RMB, slightly down from 703.86 billion RMB the previous week[25] Regulatory Developments - New regulations on financial fraud in the capital market were issued, emphasizing a combination of punishment and prevention[2] - The regulations aim to enhance corporate governance and increase accountability for financial fraud[2] Sector Performance - The best-performing sectors included non-ferrous metals (up 2.61%) and retail (up 2.43%) while defense and military sectors saw the largest declines (down 3.75%)[23] - Only the retail and coal sectors experienced net inflows, while electronics and power equipment faced significant outflows[25] Economic Indicators - China's service trade grew by 16% year-on-year in the first five months, with total service trade amounting to 30,219.6 billion RMB[39]