- The provided content does not include any quantitative models or factors, nor their construction, evaluation, or backtesting results[1][2][3][4][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][20][21][22][23][24][25][26][27][28][29][30][31][32][33][34][35][36][37][38][39][40][41][42][43][44][45][46][47][48]

- The market experienced a broad decline today, with the CSI 2000 index performing relatively well among scale indices, and the SSE Composite Index performing better among sector indices[2][6] - The banking, real estate, textile and apparel, pharmaceutical, and comprehensive industries performed relatively well, while the electronics, communications, computer, media, and new energy industries performed poorly[2][7] - Market sentiment was relatively high today, with 90 stocks hitting the daily limit up and 9 stocks hitting the daily limit down at the close[2][12] - The financing balance as of November 13, 2025, was 24,882 billion yuan, and the securities lending balance was 184 billion yuan, with the total margin balance accounting for 2.5% of the market's circulating market value[2][17][20] - The ETF with the highest premium on November 13, 2025, was the Internet ETF Shanghai-Hong Kong-Shenzhen, with a premium of 0.59%, while the ETF with the highest discount was the Zhejiang Merchants Zhijiang Phoenix ETF, with a discount of 0.73%[3][21] - The median annualized discount rates for the main contracts of the SSE 50, CSI 300, CSI 500, and CSI 1000 index futures over the past year were 0.39%, 3.23%, 10.86%, and 13.33%, respectively[3][26] - The stock with the most institutional research over the past week was Boying Special Welding, which was researched by 79 institutions[4][28] - The top ten stocks with net inflows from institutional seats on the Dragon and Tiger List on November 14, 2025, included Time-Space Technology, Hailu Heavy Industry, Zhongyi Technology, Lianhua Technology, Kangzhi Pharmaceutical, Kangpeng Technology, Worth Buying, Chengda Pharmaceutical, Zhaoyi Innovation, and Minsheng Health[4][33]

- The report does not contain any quantitative models or factors for analysis

- The Shanghai Composite Index experienced a rise and fall, with the defense sector strengthening in the afternoon[1] - The market sentiment showed 71 stocks hitting the upper limit and 11 stocks hitting the lower limit at the close[1] - The financing balance as of October 27, 2025, was 24,643 billion yuan, and the securities lending balance was 177 billion yuan[1] - The ETF with the highest premium on October 27, 2025, was the Specialized and New ETF, while the ETF with the highest discount was the Consumer Electronics ETF[2] - The median annualized discount rates for the main contracts of the Shanghai 50, CSI 300, CSI 500, and CSI 1000 stock index futures over the past year were 0.16%, 3.08%, 10.44%, and 12.84%, respectively[2] - The stock with the most institutional research in the past week was Ninebot-WD, with 186 institutions conducting research[3] - The top ten stocks with net inflows from institutional seats on October 28, 2025, included Hengbao Co., Ltd., Yunhan Chip City, and Antai Technology[3] - The top ten stocks with net outflows from institutional seats on October 28, 2025, included China Tungsten High-tech, Shenkai Co., Ltd., and Jianda Zhixin[3]

- The report highlights that the CSI 2000 Index performed well among scale indices, while the SSE 50 Index fell by 0.62%[5] - The ChiNext Index performed relatively well among sector indices, with the SSE Composite Index down 0.22% and the SZSE Composite Index down 0.23%[5] - The CSI 300 Growth Index performed well among style indices, with the CSI 300 Value Index down 0.56% and the CSI 300 Growth Index down 0.41%[5] - The defense, computer, comprehensive, transportation, and textile and apparel industries performed well today, with returns of 1.23%, 0.49%, 0.46%, 0.35%, and 0.25%, respectively[6] - The non-ferrous metals, steel, construction, pharmaceuticals, and coal industries performed poorly today, with returns of -2.75%, -1.34%, -0.97%, -0.75%, and -0.71%, respectively[6] - The top-performing concepts today were cross-strait integration, Fujian state-owned assets, fiberglass, lithium battery electrolyte, and liquid metal, with returns of 7.06%, 4.34%, 3.47%, 3.23%, and 3.13%, respectively[8] - The worst-performing concepts today were gold selection, cultivated diamonds, lead-zinc mines, cobalt mines, and nickel mines, with returns of -3.24%, -2.73%, -2.41%, -2.29%, and -2.15%, respectively[8] - At the close of trading today, 71 stocks hit the daily limit up, and 11 stocks hit the daily limit down[12] - The closing return of stocks that hit the daily limit up yesterday was 3.28%, while the closing return of stocks that hit the daily limit down yesterday was -2.58%[13] - Today's board sealing rate was 71%, an increase of 11% from the previous day, and the continuous board rate was 33%, an increase of 10% from the previous day, reaching a new high for the past month[16] - As of October 27, 2025, the balance of margin trading and securities lending was 2.482 trillion yuan, with a financing balance of 2.4643 trillion yuan and a securities lending balance of 17.7 billion yuan[18] - The balance of margin trading and securities lending accounted for 2.5% of the market's circulating market value, and the margin trading and securities lending transactions accounted for 12.2% of the market's transaction amount[22] - On October 27, 2025, the ETF with the highest premium was the Specialized and New ETF, with a premium of 0.69%, and the ETF with the highest discount was the Consumer Electronics ETF, with a discount of 0.71%[23] - The average daily transaction amount of block trades in the past six months reached 1.9 billion yuan, and the transaction amount on October 27, 2025, was 1.4 billion yuan, with an average discount rate of 6.19% in the past six months and a discount rate of 3.52% on that day[26] - The annualized discount rates of the main contracts of the SSE 50, CSI 300, CSI 500, and CSI 1000 stock index futures in the past year were 0.16%, 3.08%, 10.44%, and 12.84%, respectively[28] - On October 28, 2025, the annualized premium rate of the main contract of the SSE 50 stock index futures was 0.26%, the annualized discount rate of the main contract of the CSI 300 stock index futures was 3.14%, the annualized discount rate of the main contract of the CSI 500 stock index futures was 9.86%, and the annualized discount rate of the main contract of the CSI 1000 stock index futures was 12.63%[28] - The stocks with the most institutional research in the past week were Ninebot-WD, BGI Genomics, Yuyue Medical, Dangsheng Technology, Yiyi Co., Ltd., Liangxin Co., Ltd., China Tungsten High-tech, and National Ceramic Materials, with Ninebot-WD being researched by 186 institutions[31] - The top ten stocks with net inflows from institutional seats on the Dragon and Tiger List on October 28, 2025, were Hengbao Co., Ltd., Yunhan Chip City, Antai Technology, Dawei Co., Ltd., Duofluorine, Chutian Technology, Shanghai Jahwa, Tongling Nonferrous Metals, Road and Bridge Information, and Pioneer New Materials[36] - The top ten stocks with net outflows from institutional seats on the Dragon and Tiger List on October 28, 2025, were China Tungsten High-tech, Shenkai Co., Ltd., Jianda Zhixin, Beifang Changlong, Nongxin Technology, China Ship Special Gas, Haixia Innovation, Sincerity Pharmaceutical, Zhongdian Port, and Jinfu Technology[36] - The top ten stocks with net inflows from Northbound Trading on the Dragon and Tiger List on October 28, 2025, were China Tungsten High-tech, Fangda Carbon, Jianglong Shipbuilding, Tianxiaxiu, and Jinfu Technology[37] - The top ten stocks with net outflows from Northbound Trading on the Dragon and Tiger List on October 28, 2025, were Shanghai Jahwa, Hengbao Co., Ltd., Huajian Group, Zhongdian Port, Duofluorine, Tongling Nonferrous Metals, Antai Technology, Huitong Energy, China Ship Special Gas, Chutian Technology, and Hefei Urban Construction[37]