Week Jun 22–26 — A‑shares traded lower overall: Shanghai Composite -1.55%,
Shenzhen Composite -1.55%, ChiNext -1.37%; Sci‑Tech Innovation 50 +6.32%. Major
funds recorded a combined net outflow from Shanghai/Shenzhen of 216.9bn yuan.
Heavy selling hit tech names: the so‑called "Yi Zhongtian" group (Xinyisheng,
Zhongji Xuchuang, Tianfu Communication) saw combined disposals exceeding 26.7bn
yuan. Largest single-stock main-fund net outflows: Zhongji Xuchuang 13.78bn
yuan; Shenghong Technology 8.16bn; Dongshan Precision, Tianfu Communication and
Guangxun Technology each >7.0bn; Huagong Technology 6.27bn; Xinyisheng and
Tongguan Copper Foil each >5.0bn; Zhongtian Technology and CATL each >3.5bn.