Next Week's Potential Sectors Revealed! Latest Margin Trader Movements Exposed

Investors believe that the market will continue its downward trend or remain volatile next week.

This week (March 16-20), the A-share financing balance remained high, currently at 26,322.51 billion yuan (as of March 19). Net repayments of financing funds in A-shares totaled 10.741 billion yuan.

By industry, non-ferrous metals led significantly, with a net repayment of 4.074 billion yuan; petroleum and petrochemicals, and defense military industries followed, with net repayments of 2.243 billion yuan and 2.078 billion yuan respectively; power equipment and utilities ranked fourth and fifth, with net repayments exceeding 1 billion yuan each.

Electronics and basic chemicals saw the largest net buying, at 3.981 billion yuan and 2.48 billion yuan respectively; steel and light manufacturing sectors also experienced net purchases of over 400 million yuan each.

Significant Buying of These Stocks with Financing Funds

In terms of individual stocks, 80 stocks had net financing purchases exceeding 100 million yuan this week. Cambrian, Baofeng Energy, and Buwei Storage each had net purchases over 1 billion yuan, with Cambrian leading at 1.548 billion yuan.

Cambrian’s 2025 revenue is 6.497 billion yuan, a year-on-year increase of 453.21%; net profit attributable to parent company is 2.059 billion yuan, turning profitable after a loss. The growth is mainly driven by the rising demand for computing power in the AI industry. The company continues to expand its market with excellent product competitiveness and actively promotes AI application scenarios.

Besides Cambrian, semiconductor stocks such as Buwei Storage, Demingli, and Lankeng Technology also received net financing, with amounts of 1.052 billion yuan, 740 million yuan, and 334 million yuan respectively.

Baofeng Energy’s 2025 revenue is projected at 48.038 billion yuan, up 45.64% year-on-year; net profit attributable to parent is 11.35 billion yuan, up 79.09%. The significant revenue growth is mainly due to the commissioning of the Inner Mongolia coal-based new materials project, which has significantly increased polyolefin product sales; meanwhile, falling prices of raw materials like crude oil and coal have improved overall industry profits, enhancing the company’s profitability.

Many Tungsten Stocks Are Repaying Financing Funds

95 stocks had net financing repayments exceeding 100 million yuan. Tongkun, Dongshan Precision, and China Tungsten High-tech ranked the top three, with net repayments of 1.234 billion yuan, 912 million yuan, and 706 million yuan respectively; China National Offshore Oil, Huagong Tech, and Ping An of China followed, each with net repayments over 600 million yuan.

Tongkun expects a net profit attributable to parent of 1.95 to 2.15 billion yuan in 2025, a year-on-year increase of 62.24% to 78.88%. It is the world’s largest polyester filament producer. As of mid-2025, the company has a combined PTA capacity of 10.2 million tons per year and polyester filament capacity of 13.5 million tons per year. According to Dongwu Securities, as the polyester chain continues to de-internalize, the company’s future profitability is expected to improve, and its growth prospects are positive.

Notably, tungsten industry stocks Zhongwutong High-tech, Xiamen Tungsten, and Zhangyuan Tungsten entered the top twenty net repayment list this week, with amounts of 706 million yuan, 496 million yuan, and 330 million yuan respectively. Recently, prices for black tungsten concentrate have surged, reaching 1.0196 million yuan per ton, up 31.1% since late February; ammonium paratungstate is priced at 1.515 million yuan per ton, up 29.61%.

Jianghai Securities pointed out that in the short term, due to limited supply-side growth, continued demand release, and low inventory levels, tungsten powder prices still have room to rise. In the medium to long term, the tungsten ore supply-demand gap may further widen, and high tungsten prices could become the new normal. The tungsten sector remains a promising investment opportunity.

Next Week’s Two Major Sectors Are Favored by Investors

This week, the Shanghai Composite Index fell a total of 3.38%, breaking below 4,000 points, closing at 3,957.05 points.

On March 21, Data Treasure published its weekly survey, “What’s the Probable Market Trend Next Week?” As of the report, over 3,200 readers participated in the poll. Thank you for your support!

The survey results show that investors’ profit-taking effect was weak this week, with only 12% reporting gains. Those with losses within 10% accounted for 43%; losses between 10% and 20% accounted for 27%.

Regarding positions, about 45% of investors are fully invested or leveraged. In terms of position changes this week, 24% increased their holdings, 19% reduced, and 46% held steady, observing market developments.

As the A-shares declined faster this week, investors expect the market to continue downward or remain volatile next week, with optimism waning. Data shows that 37% of investors believe the market will “continue to decline and break below 3,900 points,” the most mainstream view; 34% expect “sideways fluctuation between 3,900 and 4,000 points”; and 22% are optimistic, expecting the market to “continue rising and surpass 4,000 points.”

From sector perspectives, technology and finance sectors received increased attention, each rising 2 percentage points from previous levels. Concept-wise, leading themes include power grid, computing power, storage chips, AI, and commercial aerospace/satellite internet, at 18%, 14%, 13%, 11%, and 11% respectively.

(Article source: Data Treasure)