**22.35 Billion Yuan in Major Funds Withdrawn from the Telecommunications Sector**
On March 10, 2025, the Shanghai Composite Index fell by 0.19%. Among the sectors tracked by Shenwan, 17 experienced gains today, with the coal and non-ferrous metal sectors leading the way, rising by 1.40% and 1.21%, respectively. In contrast, the telecommunications sector declined by 0.65%.
In terms of capital flow, there was a net outflow of 24.813 billion yuan from major funds across the two markets. Ten sectors saw net inflows, with the pharmaceutical and biotechnology sector leading at a net inflow of 5.46 billion yuan after a rise of 0.78%. The coal sector followed with a net inflow of 4.64 billion yuan, reflecting a daily increase of 1.40%.
Conversely, 21 sectors experienced a net outflow of funds, with the computer sector leading at a net outflow of 11.098 billion yuan. The non-bank financial sector followed with a net outflow of 2.454 billion yuan, along with significant outflows from telecommunications, electronics, and automotive sectors.
The telecommunications sector specifically saw a drop of 0.65%, with a total net outflow of 2.235 billion yuan. This sector comprises 127 stocks, of which 52 saw an increase, including three that hit their daily limit. However, 71 stocks experienced declines. According to funding flow data, 34 stocks in this sector had net inflows, with six exceeding one billion yuan in net inflow. Leading this group was Xinyi Technology, with a net inflow of 129 million yuan, followed closely by Changjiang Communication and China Telecom, which recorded net inflows of 128 million yuan and 119 million yuan, respectively.
Among the stocks that faced significant outflows, nine saw net outflows exceeding one billion yuan. The largest outflows were from China Unicom, Aofei Data, and Gongjin Shares, with net outflows of 317 million yuan, 221 million yuan, and 194 million yuan, respectively.
### Telecommunications Sector Capital Inflows
| Code | Name | Today’s Change (%) | Turnover Rate (%) | Major Fund Flow (10,000 Yuan) |
|——–|——————-|———————|——————-|——————————-|
| 300502 | Xinyi Technology | 1.65 | 4.16 | 128,678.46 |
| 600345 | Changjiang Communication | 10.01 | 11.18 | 127,778.39 |
| 601728 | China Telecom | -3.16 | 0.20 | 119,933.82 |
| 300570 | Taichung Light | 7.19 | 9.59 | 109,952.11 |
| 002194 | Wuhan Fangu | 4.37 | 19.14 | 104,486.27 |
| 301382 | Bee Assistant | 6.71 | 22.75 | 101,167.40 |
### Telecommunications Sector Capital Outflows
| Code | Name | Today’s Change (%) | Turnover Rate (%) | Major Fund Flow (10,000 Yuan) |
|——–|——————-|———————|——————-|——————————-|
| 600050 | China Unicom | -2.96 | 1.34 | -316,560.00 |
| 300738 | Aofei Data | -4.47 | 12.88 | -221,298.16 |
| 603118 | Gongjin Shares | -6.22 | 14.49 | -193,704.20 |
| 000063 | ZTE Corporation | -0.21 | 1.97 | -181,084.48 |
| 603881 | Data Port | -6.85 | 10.78 | -153,772.66 |
| 603220 | Zhongbei Communication | -3.45 | 10.88 | -141,096.43 |
**Note:** This report is for informational purposes only and does not constitute investment advice. The stock market is risky, and investors should exercise caution.
