——流动性周报3月第5期：中证A500持续净流出，限售解禁规模高增-20260330

Group 1 - The macro liquidity environment is balanced and slightly loose, with the central bank conducting a net reverse repo injection of 231.9 billion and a net MLF injection of 50 billion during the week [8][9] - The stock market's funding supply is under pressure, with a decline in equity fund issuance and a decrease in leveraged fund participation, while stock ETFs continue to experience net outflows [10][11] - The net inflow of financing is concentrated in sectors such as electric power equipment and public utilities, while sectors like computers and electronics see significant net outflows [10][11] Group 2 - The stock market's funding demand shows structural differentiation, with a notable decrease in equity financing to 12.132 billion, while the scale of locked-up shares released surged to 81.89 billion [18][19] - The number of IPOs completed this week was 3, raising 4.579 billion, which is an increase from the previous week [18][21] - The net reduction in industrial capital was 2.905 billion, down from 10.942 billion the previous week, indicating a decrease in internal capital outflow pressure [18][19]