21 BSE Companies Surveyed by Institutions in Past Month; Fuji Da Most Sought, Average Down 11.43%

In the month from June 28 to July 27, 21 Beijing Stock Exchange (BSE) companies received institutional surveys. Fuji Da was the most attention-grabbing, with 32 institutions participating. Guangmai Technology, Puang Medical, and Oulun Electric had 30, 28, and 27 institutions respectively. Surveying institutions included brokerages (surveying 20 firms), funds (15), private equity (8), and insurance (3).

By Shenwan industry classification, the surveyed companies spanned 12 sectors, with basic chemicals, machinery, and automotive being the most concentrated, with four, four, and two companies each. In terms of survey frequency, Oulun Electric, Tongling Technology, and Taikaiying each received two surveys.

In terms of market performance, the surveyed BSE companies declined an average of 11.43% over the month. Three stocks rose during the period: Haosheng Electronics up 10.33%, Wande Shares up 9.89%, and Tongling Technology up 2.79%. Regarding turnover, the average daily turnover rate over the month was 3.93%, with Oulun Electric at 19.80%, Hongshida at 9.60%, and Jiaxian Shares at 6.89%. As of the close on July 27, the average total market capitalization of all BSE companies was RMB 2.387 billion, while the average for surveyed companies was RMB 3.300 billion. Among the larger-cap surveyed companies were Jinbo Biologics, Tiangong Shares, and Hongshida.