财达证券每日市场观察-20250623

Market Overview - On June 20, the market experienced a downward trend, with the Shanghai Composite Index falling by 0.07%, the Shenzhen Component Index by 0.47%, and the ChiNext Index by 0.84%[2] - Last Friday, 60 out of 86 sectors closed lower, with cultural media, gaming, mining, and diversified finance leading the declines[1] Fund Flow - On June 20, the Shanghai Stock Exchange saw a net inflow of 1.506 billion yuan, while the Shenzhen Stock Exchange experienced a net outflow of 3.850 billion yuan[4] - The top three sectors for net inflow were batteries, electronic chemicals, and liquor, while IT services, software development, and securities saw the highest outflows[4] Economic Indicators - In May, the total electricity consumption in China reached 809.6 billion kWh, a year-on-year increase of 4.4%[5] - The Loan Prime Rate (LPR) for both 5-year and 1-year terms remained unchanged at 3.5% and 3.0%, respectively[6] Industry Insights - The humanoid robot market in China is projected to see commercial sales reach nearly 60,000 units by 2030, with a compound annual growth rate of 95.3%[9] - The C919 aircraft has expanded its service to over 16 cities in China, marking a significant milestone in its commercial operations[10] Investment Strategies - Short-term investment strategies should focus on defensive sectors, while long-term opportunities may be found in technology and industries supported by national policies[1] - Private equity funds have shown strong performance, with an average annual return of 10.59% and a 94.57% positive excess return rate among 645 products[12]