On June 15, the brokerage concept rose very well, with an increase of 3.70%. Many brokerage stocks reached their daily limit.
On June 16, I shared "Why Brokerages Stop at the Annual Line" . At that time, I reminded myself: Domestic capital is buying like crazy, foreign capital is quietly flowing out, and performance has not improved. Is it really a bull market?
Please look at the recent trend: since touching the annual line, the index has been going down.
Brokerage Trend Chart
The situation at that time was: 53 stocks closed at the daily limit, 4 had a net inflow of 5.087 billion yuan, ranking first in the industry.
On that day, foreign capital took the opportunity to flee - 58.3917 million yuan, of which:
Caitong Securities sold 3.58151 million shares;
Shenwan Hongyuan sold 2.3208 million shares;
Soochow Securities sold 183.0 610,000 shares;
Guojin Securities sold 1,692,560 shares;
CITIC Securities sold 847,780 shares;
Dongxing Securities sold 808,110 shares;
Northeast Securities sold 770,020 shares;
Shanxi Securities sell
Southwest Securities sold 665,160 shares;
CITIC Construction Investment sold 606,240 shares;
Compass sold .53397 shares;
Everbright Securities sold 4 18,510 shares;
Great Wall Securities sold .13444 million shares...
The main funds bought 5.087 billion yuan, but foreign capital flowed out significantly. I don’t know what domestic capital thought.
In the 13 days since June 15, only one day was a net inflow of funds, and the other 12 days were all net outflows. The Qianlong indicator also showed a dead cross downward.
Negative news in the securities industry continues, and it is really " The house is leaking but it rains all night ":
40 securities companies were fined in the first half of the year;
Jianghai Securities was investigated by supervision;
57 securities companies received 85 regulatory fines during the year, Investment Bank Business violations have become the hardest hit area...
When can securities companies lead the market to rise, they must not become "injury" to securities.
(Do not make wedding clothes for others, only add clothes for yourself, personal operating memory, not for investment reference)
