GUOYUAN SECURITIES(SZ:000728) Guoyuan Securities·2025-04-21 14:50Market Performance - On April 21, 2025, the market opened low and closed high, with a total trading volume of 1,041.175 billion CNY, an increase of 126.657 billion CNY from the previous trading day[14] - The Shanghai Composite Index rose by 0.45%, the Shenzhen Component Index increased by 1.27%, and the ChiNext Index gained 1.59%[14] - A total of 4,399 stocks rose while 905 stocks fell across the market[14] Sector and Style Analysis - Among the 30 CITIC first-level industries, the top performers were Nonferrous Metals (3.79%), Comprehensive Finance (3.72%), and Computer (2.71%)[20] - The worst performers included Banking (-1.24%), Food and Beverage (-0.67%), and Real Estate (-0.38%)[20] - Growth stocks outperformed value stocks, with small-cap growth leading the performance[20] Capital Flow - On April 21, 2025, the net inflow of main funds was 14.801 billion CNY, with large orders contributing 13.455 billion CNY and small orders showing a continuous outflow of 4.370 billion CNY[25] - Major ETFs saw a decrease in trading volume compared to the previous day, with the largest drop in the Huatai-PB CSI 300 ETF, down by 2.564 billion CNY[30] Global Market Context - On April 21, 2025, major Asia-Pacific indices showed mixed results, with the Korean Composite Index up 0.20% and the Nikkei 225 down 1.30%[34] - European and US indices were closed on April 18 due to holidays[34]