近3600只个股下跌

Core Viewpoint - The A-share market showed slight gains on May 21, with major indices such as the Shanghai Composite Index rising by 0.21%, the Shenzhen Component Index by 0.44%, and the ChiNext Index by 0.83%, indicating a positive market sentiment despite a majority of stocks declining [1][4]. Market Performance - Gold stocks surged, while sectors like coal, automotive, ports, and pharmaceuticals led the gains. Solid-state battery concept stocks were particularly active, with nearly 10 stocks hitting the daily limit [4][6]. - The overall market saw around 3,600 stocks decline, highlighting a mixed performance across different sectors [4]. Capital Flow - Main capital flows showed a net inflow into sectors such as batteries, automotive, and precious metals, while there was a net outflow from semiconductors, general equipment, and consumer electronics [8]. - Specific stocks like Jianghuai Automobile, Hongbaoli, and Guoxuan High-Tech saw net inflows of 1.073 billion, 792 million, and 658 million respectively [9]. - Conversely, stocks like OFILM, Chengfei Integration, and Zhaoyi Innovation faced net outflows of 839 million, 836 million, and 541 million respectively [10]. Institutional Perspectives - Jifeng Investment noted that the acceleration in solid-state battery research and development is positively impacting stock price activity [12]. - Dongfang Securities highlighted that the peak financing period in domestic and international bond markets in May and June may lead to a return of liquidity, suggesting a focus on structural opportunities in the market [12]. - Gaoping Juneng Capital observed that despite a lack of enthusiasm for large-cap stocks, market participants are actively seeking opportunities, particularly in smaller themes, and are awaiting new stimulus policies to invigorate the market [13].