Main Capital丨Four Stocks with Major Selling Off by Large Funds at Market Close

Ten industries saw net inflows from leading funds.

Today, the three major A-share indexes collectively closed slightly higher (April 7). Most industry sectors also finished higher. Rare earths, chemical raw materials, agrochemical products, petroleum and petrochemicals, coal, minor metals, and agriculture and forestry and animal husbandry sectors led the gains, while insurance and banking led the declines.

According to data compiled by Securities Times·Data Bao, today the leading funds on both the Shanghai and Shenzhen markets recorded a net outflow of RMB 13.82B. By industry, among Shenwan’s first-level industries, 10 industries saw net inflows from leading funds. The basic chemical industry recorded net inflows of RMB 1.25B from leading funds, far exceeding other industries. For other sectors, construction and decoration, utilities, light industry manufacturing, and agriculture and forestry and animal husbandry recorded net inflows of RMB 873M, RMB 515M, RMB 421M, and RMB 328M, respectively.

Among the 21 industries with net outflows from leading funds, the power equipment industry saw net outflows exceeding RMB 3.0 billion, ranking first. The communications, computer, and pharmaceuticals and bio-products industries all saw net outflows exceeding RMB 2.0 billion. The auto and national defense and military industry sectors both saw net outflows exceeding RMB 1.0 billion.

Net inflows from leading funds exceeding RMB 400 million for 7 stocks

Looking at individual stocks, 71 stocks recorded net inflows from leading funds exceeding RMB 100 million. Among them, 7 stocks recorded net inflows from leading funds exceeding RMB 400 million.

Contemporary Amperex? No—蔚蓝锂芯 (though here keeping the company name as-is per fidelity) recorded net inflows from leading funds of RMB 727 million. The company’s current business mainly involves products related to lithium batteries. Recently, institutions said that the company’s lithium battery project in Malaysia has been successfully put into operation. The completion of overseas projects will greatly enhance the company’s ability to deal with trade risks, and will promote the process of substituting domestically manufactured products for international key customers.

Jingji Xuchuang recorded net inflows from leading funds of RMB 721 million. The company’s annual report shows that in 2025 it achieved operating revenue of RMB 38.24B, up 60.25% year over year, and attributable net profit of RMB 10.8B, up 108.78% year over year. Primarily benefiting from strong investment by terminal customers in compute power infrastructure, the company’s product shipments grew quickly, with the share of high-speed optical modules continuing to rise.

According to data compiled by Data Bao, 29 stocks recorded net outflows from leading funds exceeding RMB 200 million. Among them, net outflow amounts at Goldwind Technology, Tianfu Communication, CATL, Tongyu Communications, Opcom Technology, Weichai Power, Western Materials, and others ranked among the highest.

These stocks saw net inflows from leading funds in the closing minutes

According to Data Bao statistics, in the closing minutes across the two markets, leading funds recorded net outflows of RMB 3.37B. In the closing minutes, leading funds concentrated purchases in commercial retail and media sectors, with both exceeding RMB 100 million.

Looking at individual stocks, Enjie Share (恩捷股份) recorded net inflows from leading funds of more than RMB 100 million in the closing minutes. Recently, the company issued an announcement stating that it plans to purchase 100% of the equity of Qingdao Sinco Huolian New Materials Co., Ltd. held by a total of 63 counterparties, namely 郅立鹏, Qingdao Zhongzhi Da Investment Co., Ltd., Chen Jichao, Yang Bo, Yuan Jun, and others, through the issuance of shares. It also plans to raise supporting funds from no more than 35 specific parties.

Shenghe Resources, Yunlü Aluminum, Sinochem Rare Metals, Dongshan Precision, and Zhenhua Co., Ltd. all recorded net inflows from leading funds in the closing minutes exceeding RMB 30 million.

From the perspective of net outflows in the closing minutes, four stocks—including Tianfu Communication, Goldwind Technology, Opcom Technology, and others—each recorded net outflows from leading funds in the closing minutes exceeding RMB 100 million.

Statement: All information from Data Bao does not constitute investment advice. The stock market is risky; investment requires caution.

Proofreader: Su Huanwen