每日市场观察

Market Overview - The low-altitude economy sector is experiencing a surge, with strong performance in pork and precious metals sectors. Recent market hotspots are concentrated in new productivity directions, particularly in flying cars and artificial intelligence [2][6] - On March 21, the Shanghai Composite Index opened high but closed slightly down, with expectations of continued upward movement towards the 3100-point mark. The index is likely to close the week in the green, supported by moving averages [5][6] Fund Flow - On March 21, the net inflow for the Shanghai Stock Exchange was 1.848 billion yuan, while the Shenzhen Stock Exchange saw a net outflow of 2.530 billion yuan. The top three sectors for net inflow were securities, film and television, and aquaculture, while the top three sectors for outflow were photovoltaic equipment, batteries, and communication equipment [7] Policy and Economic Data - The National Development and Reform Commission emphasizes the need to accelerate the cultivation of new productivity and promote the construction of a modern industrial system, focusing on innovation and the development of leading enterprises [8][30] - The Ministry of Finance reported a recovery in fiscal revenue, with a total public budget revenue of 4.46 trillion yuan in January-February, showing a year-on-year decline of 2.3%, but a real growth of approximately 2.5% on a comparable basis [10][38] Industry Dynamics - The National Energy Administration is working on establishing a coal mine intelligent standard system by 2025, aiming for a structured and clear standard system to meet basic needs for intelligent coal mine construction [11][28] - The gaming industry in China saw a total revenue of 2.03 billion USD in February, with 37 Chinese companies making it to the global top 100 mobile game publishers, accounting for 38.9% of the total revenue [19][11] Fund Dynamics - Publicly offered funds of funds (FOFs) are facing growth challenges, with over ten funds not reaching a scale of 200 million yuan, potentially triggering liquidation thresholds. However, new FOFs established this year have seen a rebound in fundraising [13][21] - New funds have been actively building positions despite market adjustments, indicating institutional optimism about future market performance [22][23]