Market Overview - The Shanghai Composite Index rose by 0.04% on June 6, with 13 industries experiencing gains, led by non-ferrous metals and communications, which increased by 1.16% and 1.00% respectively [1] - The textile and apparel industry saw a decline of 1.18%, ranking second in terms of daily losses [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 21.24 billion yuan, with 24 industries experiencing net outflows [1] - The construction and decoration industry had the highest net inflow, amounting to 0.79% increase and 775 million yuan in net inflow [1] - The computer industry led the net outflow, with a total of 3.36 billion yuan, followed by the machinery equipment sector with 3.11 billion yuan [1] Textile and Apparel Industry Performance - The textile and apparel industry had a net outflow of 457 million yuan, with 105 stocks in the sector; 44 stocks rose while 52 fell [2] - The top three stocks with net inflows were Xinhua Jin (579.38 million yuan), Huijie Co. (364.57 million yuan), and Xinlong Holdings (134.38 million yuan) [2] - The stocks with the highest net outflows included Mankalon (-733.12 million yuan), Tanshizhe (-676.30 million yuan), and Jinhong Group (-666.39 million yuan) [2][3] Key Stocks in Textile and Apparel - Top inflow stocks: - Xinhua Jin: +9.98%, 12.52% turnover, 579.38 million yuan inflow - Huijie Co.: +4.80%, 13.69% turnover, 364.57 million yuan inflow - Xinlong Holdings: +2.59%, 5.53% turnover, 134.38 million yuan inflow [2] - Top outflow stocks: - Mankalon: -7.58%, 21.69% turnover, -733.12 million yuan outflow - Tanshizhe: -4.00%, 6.50% turnover, -676.30 million yuan outflow - Jinhong Group: -7.54%, 20.67% turnover, -666.39 million yuan outflow [3]

Core Insights - The latest financing balance of the ChiNext stocks is 341.461 billion yuan, with a week-on-week increase of 1.339 billion yuan, indicating a positive trend in financing activities [1] - On June 5, the ChiNext index rose by 1.17%, and the total margin balance for ChiNext stocks reached 342.402 billion yuan, marking a continuous increase over three trading days [1] - Among the 527 ChiNext stocks with increased financing balances, 31 stocks saw an increase of over 10%, with Mankalon leading at a 32.46% increase despite a 14.71% drop in stock price [1][2] Financing Balance Increase - The average increase in stock prices for those with financing balance growth exceeding 10% was 1.42%, with notable gainers including Kangliyuan and Sifang Jichuang, which rose by 11.01% and 10.74% respectively [2] - Major inflows of funds were observed in stocks like Taichengguang and Xice Testing, with net inflows of 146 million yuan and 96.1996 million yuan respectively [2] Financing Balance Decrease - A total of 405 stocks experienced a decrease in financing balance, with 13 stocks seeing a decline of over 10%. Hopu's financing balance dropped by 35.86%, the largest decrease [4] - Other significant declines were noted in Kaili and Aoke stocks, with decreases of 28.00% and 19.94% respectively [4][5]

资金面上看，两市主力资金全天净流出3.37亿元，今日有11个行业主力资金净流入，电子行业主力资金 净流入规模居首，该行业今日上涨2.31%，全天净流入资金48.41亿元，其次是计算机行业，日涨幅为 2.12%，净流入资金为32.14亿元。 | | | 纺织服饰行业资金流出榜 沪指6月5日上涨0.23%，申万所属行业中，今日上涨的有12个，涨幅居前的行业为通信、电子，涨幅分 别为2.62%、2.31%。跌幅居前的行业为美容护理、纺织服饰，跌幅分别为3.07%、1.81%。纺织服饰行 业位居今日跌幅榜第二。 主力资金净流出的行业有20个，医药生物行业主力资金净流出规模居首，全天净流出资金48.79亿元， 其次是食品饮料行业，净流出资金为12.85亿元，净流出资金较多的还有有色金属、农林牧渔、交通运 输等行业。 纺织服饰行业今日下跌1.81%，全天主力资金净流出8.16亿元，该行业所属的个股共105只，今日上涨的 有20只，涨停的有1只；下跌的有79只，跌停的有3只。以资金流向数据进行统计，该行业资金净流入的 个股有43只，其中，净流入资金超千万元的有6只，净流入资金居首的是锦泓集团，今日净流入资金 1.18亿元， ...

沪指6月5日上涨0.23%，申万所属行业中，今日上涨的有12个，涨幅居前的行业为通信、电子，涨幅分 别为2.62%、2.31%。跌幅居前的行业为美容护理、纺织服饰，跌幅分别为3.07%、1.81%。美容护理行 业位居今日跌幅榜首位。 美容护理行业今日下跌3.07%，全天主力资金净流出6.00亿元，该行业所属的个股共31只，今日上涨的 有3只；下跌的有28只。以资金流向数据进行统计，该行业资金净流入的个股有5只，净流入资金居首的 是珀莱雅，今日净流入资金6291.70万元，紧随其后的是力合科创、诺邦股份，净流入资金分别为 1147.15万元、276.65万元。美容护理行业资金净流出个股中，资金净流出超5000万元的有5只，净流出 资金居前的有水羊股份、青岛金王、拉芳家化，净流出资金分别为9423.99万元、8645.51万元、6760.13 万元。 资金面上看，两市主力资金全天净流出3.37亿元，今日有11个行业主力资金净流入，电子行业主力资金 净流入规模居首，该行业今日上涨2.31%，全天净流入资金48.41亿元，其次是计算机行业，日涨幅为 2.12%，净流入资金为32.14亿元。 美容护理行业资金流向排名 ...

Market Overview - The Shanghai Composite Index rose by 0.23% on June 5, with 12 out of 28 sectors experiencing gains, led by the communication and electronics sectors, which increased by 2.62% and 2.31% respectively [1] - The computer industry ranked third in terms of daily gains, with a rise of 2.12% [1] Fund Flow Analysis - The main funds in the two markets experienced a net outflow of 337 million yuan, while 11 sectors saw net inflows [1] - The electronics sector had the largest net inflow, totaling 4.841 billion yuan, followed by the computer sector with a net inflow of 3.214 billion yuan [1] - The pharmaceutical and food & beverage sectors faced the highest net outflows, with 4.879 billion yuan and 1.285 billion yuan respectively [1] Computer Industry Performance - The computer industry saw a total of 336 stocks, with 298 stocks rising and 35 stocks declining [2] - The top three stocks with the highest net inflow were: - Dawi Technology: 544.4 million yuan - Tuo Wei Information: 309.4 million yuan - Yuxin Technology: 293 million yuan [2] - The stocks with the highest net outflow included: - Zhongke Jincai: 306.3 million yuan - Tianyang Technology: 131.4 million yuan - Ziguang Co., Ltd.: 73.4 million yuan [3] Top Gainers and Losers in Computer Industry - Top gainers in the computer industry included: - Dawi Technology: +10.01% - Tuo Wei Information: +8.06% - Yuxin Technology: +14.73% [2] - Top losers included: - Zhongke Jincai: +3.79% - Tianyang Technology: -0.33% - Ziguang Co., Ltd.: +2.36% [3]

Group 1 - A total of 34 companies were investigated by institutions on June 4, with 25 companies being surveyed by funds, indicating strong interest in specific firms [1] - The most popular company among funds was Cuihua Jewelry, which had 25 participating funds, followed by Yuxin Technology with 20 funds and Sunshine Nuohuo with 11 funds [1] - The surveyed companies were categorized into various sectors, with the machinery and equipment, and computer industries having the highest representation, each with 5 stocks [1] Group 2 - Among the surveyed stocks, 18 experienced price increases over the past 5 days, with notable gains from Zhongli Co., Chaojie Co., and Cuihua Jewelry, which rose by 25.56%, 24.41%, and 21.99% respectively [1] - Conversely, 7 stocks saw declines, with Haichuang Pharmaceutical, Yuntu Holdings, and New Times falling by 9.05%, 3.03%, and 2.64% respectively [1] - In terms of net capital inflow over the past 5 days, 13 stocks recorded positive inflows, with Zhongli Co. leading at 255 million yuan, followed by Jingbeifang and Chaojie Co. with inflows of 211 million yuan and 184 million yuan respectively [2]

Report Industry Investment Rating No relevant content provided. Core Viewpoints - The US service sector activity unexpectedly contracted, ADP employment data was significantly lower than expected, and Trump pressured the Fed Chair Powell to cut interest rates immediately, resulting in mixed performance of the three major US stock indexes. Domestic stock indexes have been rising slightly but remain range - bound, with the consumer sector leading. In the short term, the stock indexes will continue the trend of shrinking trading volume [1][2][3] Summary by Directory 1. Market Analysis - **Domestic**: Four departments including the Ministry of Human Resources and Social Security issued a notice to carry out a pilot project on the integrated development of the human resources service industry and the manufacturing industry in about 30 eligible cities, aiming to achieve certain results in about 3 years [1] - **Overseas**: The US ADP employment in May increased by 37,000, far lower than the expected 110,000, and the recruitment speed reached the lowest level since March 2023. The US ISM non - manufacturing PMI in May was 49.9, contracting for the first time in nearly a year, lower than the expected 52.0 [1] 2. Stock Market Performance - **Domestic Spot Market**: A - share indexes rose, with the Shanghai Composite Index up 0.42% to 3376.2 points and the ChiNext Index up 1.11%. Most sectors rose, except for transportation, national defense and military industry, public utilities, and the banking industry. The trading volume of the Shanghai and Shenzhen stock markets was 1.1 trillion yuan [2] - **Overseas Spot Market**: The three major US stock indexes closed mixed, with the Dow down 0.22% to 42427.74 points and the Nasdaq up 0.32% to 19460.49 points [2] - **Futures Market**: The basis of stock index futures rebounded slightly. The trading volume and open interest of the four major stock index futures decreased simultaneously [2] 3. Strategy - The US service industry contraction and low ADP employment data, along with Trump's pressure on the Fed, led to mixed performance of US stocks. Domestic stock indexes rose slightly but remained range - bound, with the consumer sector leading. In the short term, the stock indexes will continue the shrinking volume trend [3] 4. Chart Summary - **Macro - economic Charts**: Include charts on the US dollar index and A - share trends, US Treasury yields and A - share trends, RMB exchange rate and A - share trends, and US Treasury yields and A - share style trends [5][6] - **Spot Market Tracking Charts**: Present the daily performance of domestic major stock indexes, including the Shanghai Composite Index, Shenzhen Component Index, ChiNext Index, etc., on June 4, 2025 [12] - **Stock Index Futures Tracking Charts**: Provide data on the open interest, trading volume, basis, and inter - delivery spread of stock index futures [5][6]

Market Overview - A-share market continued to rebound on June 4, with all three major indices opening higher and closing positively, particularly the ChiNext Index which rose over 1% [1][2] - The total trading volume reached 1.18 trillion yuan, with nearly 4,000 stocks rising and over 80 stocks hitting the daily limit [1][2] - The market is currently in a repair phase, supported by a series of domestic policies, limiting the adjustment space [1][5] Sector Performance - The consumer sector saw significant activity, with beauty care, textiles, and retail sectors leading the gains, with increases of 2.63%, 2.53%, and 2.41% respectively [2][3] - Solid-state battery and optical module sectors also performed well, contributing to the overall market rebound [1][2] - A total of 32 stocks reached historical highs, predominantly from the banking, pharmaceutical, and food and beverage sectors [3] Fund Flow - On June 4, the net inflow of main funds in the CSI 300 exceeded 3 billion yuan, indicating a recovery in market sentiment [3][4] - Among the 13 sectors with net inflows, electronics, communications, and power equipment led with inflows of 22.99 billion yuan, 13.48 billion yuan, and 11.00 billion yuan respectively [4] - Conversely, sectors such as defense, pharmaceuticals, and automotive experienced net outflows [4] Investment Strategy - Analysts suggest focusing on high-performance consumer leaders and traditional companies with new consumption thinking, as they may benefit from structural opportunities [3][5] - The current market environment is characterized by a focus on safety and stability, with recommendations to invest in dividend-paying stocks and technology sectors [5][6] - The upcoming Lujiazui Forum is expected to announce significant financial policies that could support market expectations [5]

沪指6月4日上涨0.42%，申万所属行业中，今日上涨的有28个，涨幅居前的行业为美容护理、综合，涨 幅分别为2.63%、2.53%。纺织服饰行业位居今日涨幅榜第三。跌幅居前的行业为交通运输、国防军 工、公用事业，跌幅分别为0.58%、0.24%、0.12%。 资金面上看，两市主力资金全天净流入10.74亿元，今日有17个行业主力资金净流入，电子行业主力资 金净流入规模居首，该行业今日上涨1.17%，全天净流入资金30.70亿元，其次是非银金融行业，日涨幅 为0.99%，净流入资金为15.88亿元。 主力资金净流出的行业有14个，汽车行业主力资金净流出规模居首，全天净流出资金17.87亿元，其次 是国防军工行业，净流出资金为17.40亿元，净流出资金较多的还有医药生物、机械设备、银行等行 业。 纺织服饰行业资金流入榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 603900 | 莱绅通灵 | 10.04 | 22.42 | 17843.23 | | 002731 | 萃华珠宝 | 9.99 | ...

Market Overview - The A-share market saw all major indices rise today, with the Shanghai Composite Index up by 0.42% closing at 3376.20 points, the Shenzhen Component Index up by 0.87% at 10144.58 points, and the ChiNext Index up by 1.11% at 2024.93 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 1153 billion yuan, an increase of 11.6 billion yuan compared to the previous trading day [1] Industry Performance - Among the Shenwan first-level industries, the leading sectors included Beauty Care, Comprehensive, Textile and Apparel, Communication, and Light Industry Manufacturing, with increases of 2.63%, 2.53%, 2.41%, 1.79%, and 1.61% respectively [1] - The only sectors that experienced declines were Transportation, National Defense and Military Industry, and Public Utilities, with decreases of 0.58%, 0.24%, and 0.12% respectively [1] Concept Sector Performance - The top-performing concept sectors today included Rare Earth, Rare Earth Permanent Magnet, Gold and Jewelry, Dairy Industry, and Lithium Battery, among others [2] - Conversely, sectors such as Air Transportation, Aircraft Carriers, and Intelligent Logistics experienced pullbacks [11]