Over the past week, margin financing funds have shown a trend of net repayment, with margin funds fleeing the leading CPO stock and the storage sector.

Over the past week, A-share margin financing balances have continued to decline, falling from above 2.53 trillion yuan to the latest 247.4196 billion yuan. According to statistics, margin funds showed a net repayment trend, totaling 72.710 billion yuan. By industry, electronics topped the list with net margin repayments of 28.847 billion yuan; the communications sector ranked second with net margin repayments of 13.859 billion yuan; machinery and equipment, and power equipment each saw net repayments exceeding 5 billion yuan. On the net buying side, conglomerates, textiles and apparel, commercial retail, and petroleum and petrochemicals recorded net margin purchases. At the individual stock level, over the past week, 35 stocks each saw net margin repayments exceeding 300 million yuan. Zhongji Innolight and Eoptolink saw net margin repayments of 5.541 billion yuan and 3.281 billion yuan, respectively; Cambricon, GigaDevice, Victory Giant Technology, Dongshan Precision, and Montage Technology each recorded net margin repayments of over 1 billion yuan.