每日复盘-20251104

Market Performance - On November 4, 2025, the Shanghai Composite Index fell by 0.41%, the Shenzhen Component Index decreased by 1.71%, and the ChiNext Index dropped by 1.96%[2] - The total market turnover was 1,938.396 billion yuan, a decrease of 194.511 billion yuan from the previous trading day[2] - A total of 1,630 stocks rose while 3,650 stocks fell across the market[2] Sector and Style Analysis - Among the 30 CITIC first-level industries, the banking sector led with a gain of 2.08%, while the non-ferrous metals sector saw the largest decline at -3.03%[19] - The performance ranking of market styles was: Financial > Stable > Consumption > Cyclical > Growth[19] - The CSI All Share Index outperformed the fund-heavy stocks[19] Capital Flow - On November 4, 2025, the net outflow of main funds was 79.259 billion yuan, with large orders seeing a net outflow of 51.883 billion yuan and small orders continuing to see a net inflow of 72.179 billion yuan[23] - Southbound funds recorded a net inflow of 9.832 billion HKD, with the Shanghai-Hong Kong Stock Connect contributing 5.202 billion HKD and the Shenzhen-Hong Kong Stock Connect contributing 4.630 billion HKD[25] ETF Trading Activity - Major ETFs such as the Huaxia SSE 50 ETF and the Huatai-PB CSI 300 ETF saw changes in trading volumes, with the former at 3.137 billion yuan (down 0.030 billion yuan) and the latter at 5.709 billion yuan (up 2.035 billion yuan) compared to the previous trading day[27] Global Market Trends - On November 4, 2025, major Asia-Pacific indices generally declined, with the Hang Seng Index down 0.79% and the Nikkei 225 down 1.74%[31] - In the U.S. market, the Dow Jones Industrial Average fell by 0.48%, while the S&P 500 rose by 0.17%[31]