投资者温度计第20期：自媒体热度飙升，杠杆资金大幅流出

Market Impact - On April 7, the Shanghai Composite Index dropped by 7% due to U.S. tariff policies, leading to a surge in social media activity to the highest level since October 8[3] - Retail investors' net inflow in A-shares reached 228.58 billion CNY in the past week, an increase of 119.16 billion CNY from the previous value, placing it in the 97th percentile over the past five years[3] Fund Trends - Public funds are shifting towards value stocks, with a focus on electronics and consumer sectors; 20% of public fund heavyweights have outperformed since September 18, 2024[3] - The trend of public fund concentration is weakening, with a notable shift towards value-oriented investments[16] Social Media Engagement - Douyin (TikTok) saw a significant increase in viewership of A-share content, with a rise in the proportion of users from lower-tier cities and younger demographics[7] - The number of A-share related works on Kuaishou increased by 293, with total views rising by 29.287 million in the past week[11] Leverage and Participation - Margin financing balance decreased to 1.80 trillion CNY, with a net outflow of 93.67 billion CNY in the past week, an increase of 74.32 billion CNY from the previous week[34] - The number of individual investors participating in margin trading reached 7.377 million, with a slight increase in daily trading participants[34]