Main Funds Rotate Into Chemicals, Brokers, IT and Pharma; Sell Off Telecom, Electronics and Power Equipment

Main funds recorded net inflows in the morning session into the basic chemicals, non-bank financials, computer, and pharmaceuticals/biotech sectors, while posting net outflows from telecom, electronics, power equipment, and building materials, according to 36Kr. On individual stocks, Haohua Chemical Science & Technology, TCL Technology, Do-Fluoride Chemicals, East Money Information, and Sanmei Co. saw net inflows of RMB 1.809 billion, RMB 1.658 billion, RMB 1.605 billion, RMB 1.599 billion, and RMB 1.505 billion, respectively. Net outflows were led by Sungrow Power Supply, Zhongtian Technology, Tianfu Communication, Huagong Tech, and Cambricon Technologies, with net selling of RMB 3.201 billion, RMB 1.826 billion, RMB 1.70 billion, RMB 1.653 billion, and RMB 1.474 billion, respectively.