20 Beijing Stock Exchange Companies Surveyed in Past Month, Fushida Most Popular, Average Decline 8.21%
In the past month (July 1-30), 20 Beijing Stock Exchange (BSE) companies received institutional research visits. Fushida was the most followed, attracting 32 institutions. The surveyed companies fell an average of 8.21%, with only seven posting gains. Haosheng Electronics, Wande, and Tongling Technology rose 19.22%, 11.43%, and 9.72% respectively. The average market capitalization of surveyed companies was RMB 3.392 billion, higher than the BSE average of RMB 2.342 billion.
In the past month (July 1 to July 30), 20 Beijing Stock Exchange (BSE) companies received institutional research visits. Among the types of institutions, securities firms surveyed 19 companies, funds surveyed 13, private equity funds surveyed 6, and insurance companies surveyed 3.
Among the surveyed companies, Fushida attracted the most attention with 32 institutions participating. Oulun Electric, Tongling Technology, and Ruier Jingda had 27, 25, and 24 institutions respectively. By Shenwan industry classification, the 20 companies span 12 industries, with basic chemicals, machinery and equipment, and automotive sectors having 4, 4, and 2 companies respectively.
In terms of frequency, Oulun Electric, Tongling Technology, and Taikaiying were each surveyed twice by institutions, the most frequent. Market performance: The surveyed BSE companies fell an average of 8.21% over the past month, with seven stocks posting gains. Haosheng Electronics, Wande, and Tongling Technology rose 19.22%, 11.43%, and 9.72% respectively.
In terms of turnover rate, the average daily turnover rate of the surveyed companies was 3.83%. Oulun Electric, Hongshida, and Jiaxian Shares had the highest daily turnover rates at 19.26%, 9.44%, and 6.05% respectively.
As of the close on July 30, the average total market capitalization of all BSE companies was RMB 2.342 billion, while the average for the surveyed companies was RMB 3.392 billion. Companies with the largest market capitalizations among the surveyed include Jinbo Bio, Tiangong, and Hongshida, among others.