摩尔投研精选·2025-08-21 10:19Market Overview - The market experienced fluctuations throughout the day, with the three major indices showing mixed results. The total trading volume in the Shanghai and Shenzhen markets reached 2.42 trillion yuan, an increase of 158 billion yuan compared to the previous trading day, marking the seventh consecutive day with trading volume exceeding 2 trillion yuan [1]. Sector Performance - The market showed a chaotic trend with more stocks declining than rising, as over 3,000 stocks fell. Notably, digital currency concept stocks surged collectively, with companies like Yuyin Co., Ltd. hitting the daily limit. Oil and gas stocks were active, with Zhun Oil Co., Ltd. also reaching the daily limit. Bank stocks performed strongly, with Agricultural Bank of China and Postal Savings Bank of China both hitting historical highs. Conversely, high-priced stocks saw significant declines, with companies like Feilong Co., Ltd. hitting the daily limit down. The sectors with the highest gains included oil and gas, digital currency, beauty and personal care, and banking, while rare earth permanent magnets, PEEK materials, liquid cooling servers, and CPO sectors faced the largest declines [2]. Institutional Activity - Institutional participation decreased compared to the previous day, with 27 stocks having a net buy/sell amount exceeding 10 million yuan. Among these, 10 stocks were net bought and 17 were net sold. Notable net purchases included Zhongdian Xilong at 1.09 billion yuan, Chuangyitong at 62.83 million yuan, and Nanfang Jinggong at 60.58 million yuan. On the selling side, Hengbao Co., Ltd. saw a net sell of 1.09 billion yuan, followed by Songyuan Safety at 75.23 million yuan and Kechuang Information at 72.57 million yuan [3].