30 Beijing Stock Exchange Firms Draw Institutional Research, Hongshida Most Sought

In the month from July 25 to August 24, 30 Beijing Stock Exchange (BSE) companies received institutional research visits. Among them, Hongshida drew the most attention, with a total of 70 institutions participating in research. Tonghui Electronics, Fengguang Precision, and Haineng Technology were each visited by 58, 57, and 50 institutions, respectively. By institution type, securities firms conducted research on 29 companies, fund companies on 25, private equity funds on 23, insurers on 14, and overseas institutions on 11.

By Shenwan industry classification, the researched BSE companies span 11 industries, with basic chemicals, machinery and equipment, and electronics being the most concentrated, featuring 7, 7, and 4 companies, respectively. In terms of research frequency, Hongshida, Anda Technology, and Guohang Yuanyang each received two research visits, the most intensive.

In market performance, the researched BSE companies rose an average of 9.84% over the past month, with 27 stocks posting gains during the period. Caike Technology, Zhuozhao Dispensing, and Zhongyu Technology led the gains, rising 43.15%, 33.14%, and 24.75%, respectively. In terms of turnover, the researched companies recorded an average daily turnover rate of 4.51% over the month, with Jihechang, Hongshida, and Oulun Electric leading at 21.57%, 12.02%, and 10.75%, respectively.

As of the close on August 24, the average total market value of all BSE companies was RMB 2.524 billion, while the average for companies researched in the past month was RMB 2.719 billion. Among the researched firms, Hongshida, Airong Software, and Guohang Yuanyang ranked among the highest in market value.