Telecom sector sees net capital outflow of 11.697 billion yuan today, with 17 stocks including Zhongji Innolight recording outflows exceeding 100 million yuan

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The telecom sector recorded a net capital outflow of 11.697 billion yuan today, ranking second among all Shenwan industries in terms of outflows. Among the 122 stocks in the sector, 17 saw net outflows exceeding 100 million yuan. Zhongji Innolight topped the list with a net outflow of 3.605 billion yuan, followed by Eoptolink Technology and TFC Communication with net outflows of 3.204 billion yuan and 1.214 billion yuan respectively. On the inflow side, Yongding Group saw a net inflow of 1.476 billion yuan, while China Telecom and China Unicom recorded net inflows of 95.1802 million yuan and 75.8796 million yuan respectively. The telecom sector fell 7.52% overall today, the largest decline among all Shenwan industries.

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