Today’s market can be described as a tale of two extremes. In the morning, main capital net buying pushed the market higher, but in the afternoon, the situation suddenly reversed—main capital sharply net selling, especially dumping a lot of chips on high-position commercial aerospace and heavyweight blue-chip stocks. In contrast, TMT and technology stocks were continuously bought up by main capital throughout the day.

Looking at specific data, among the top net sellers, TBEA led with a net sell of 4.92 billion, and the stock price fell by 1.97%; Sanhua Intelligent Controls was hit even harder, with a net sell of 2.64 billion and a drop of 4.01%; Yangtze Power, China Merchants Bank, and Goldwind Technology also faced concentrated selling, with net sells of 2.11 billion, 1.71 billion, and 2.18 billion respectively. On the buy side, tech stocks such as Shanzi Gaoke, Huasheng Tiancheng, Huidian Shares, Lakala, Data Port, and Hengsheng Electronics were all being accumulated by main capital, showing obvious strength.

From the market perspective, after reaching a high volume, the market experienced fluctuations, with risks and opportunities coexisting. Interestingly, the fintech sector actually outperformed against the trend—the Fintech ETF, GF Securities, surged 5.88%, hitting a new high and showing strong resilience. Although the brokerage index pulled back after a rally due to adjustments in heavyweight stocks, the 20-day moving average still provided critical support. The current market signals are very clear: undervalued fintech and brokerage stocks have room for a rebound and are worth paying attention to.