Market Liquidity Overview - R007 increased from 1.79% to 2.03%, a rise of 24.65 basis points; DR007 rose from 1.76% to 1.94%, an increase of 17.83 basis points. The spread between R007 and DR007 widened by 6.82 basis points. Additionally, the China-US interest rate spread decreased by 6.83 basis points [2][15]. - The net inflow of funds this week was -48.886 billion yuan, a decrease of 74.815 billion yuan from the previous week. Fund supply was -2.811 billion yuan, while fund demand was 46.075 billion yuan. Specifically, fund supply decreased by 44.876 billion yuan, with ETF net subscriptions down by 30.171 billion yuan and financing net purchases down by 13.269 billion yuan; fund demand increased by 29.939 billion yuan [2][19]. Industry Sector Liquidity Tracking - Most industries showed an upward trend in returns this week, with the media and computer sectors experiencing significant gains of 9.87% and 7.81%, respectively. In contrast, the coal and defense industries saw declines of 1.36% and 0.76% [3][27]. - The banking and food & beverage sectors had negative net purchases of leveraged funds, while other industries experienced net inflows. The main stocks in the food & beverage, machinery, and communication sectors saw net inflows, while the electronic sector experienced significant outflows [3][32]. Style Sector Liquidity Tracking - The daily trading volume share of consumer and stable styles increased, while other styles saw a decrease. Specifically, the daily trading volume share of consumer and stable styles rose by 1.37% and 0.58%, respectively, while cyclical, growth, and financial styles decreased by 0.88%, 0.93%, and 0.14% [4]. - All style indices experienced gains, with consumer and growth styles showing the largest increases of 2.19% and 2.09%, respectively. The daily trading volume share of the growth style has increased compared to the past month, three months, and six months [4].
麦高证券策略周报-20250319
Mai Gao Zheng Quan·2025-02-19 06:21