80 Stocks See Falling Shareholder Counts for Three or More Periods; Ouma Software Down 15 Straight Periods
Among 562 companies disclosing shareholder counts by July 20, 80 stocks have seen consecutive declines for at least three periods. Ouma Software led with a 15-period drop (cumulative 27.07%; headline 27%), followed by *ST Texun (13 periods, 38.07%). Shengteng Energy fell 16.17% in the latest period (headline 16%); Baoding Technology dropped 13.08%; Boyuan New Materials fell 12.73%. In market performance, 5 stocks rose after concentration, with Yanjing Beer up 23.04% (headline 23%), Century Tianhong up 19.54%, and ChuanTou Energy up 5.48%. Eight stocks outperformed the Shanghai Composite Index, led by Yanjing Beer (28.71% excess return), Century Tianhong (22.93%), and Zhongji Innolink (10.98%).
As of July 20, 562 companies had disclosed their latest shareholder counts. Among them, 80 stocks saw shareholder numbers decline for three consecutive periods or more, with the longest streak reaching 15 consecutive periods. Ouma Software had the longest continuous decline, with its latest shareholder count at 11,492, down for 15 consecutive periods, a cumulative decrease of 27.07%. The headline figure noted a 27% cumulative decline. *ST Texun saw its shareholder count fall for 13 consecutive periods to 19,231, a cumulative drop of 38.07%. Other stocks with extended declines include *ST Chunxing, ST Dirui, and CSSC HanGuang. By the latest period's decline magnitude, Shengteng Energy posted the largest drop of 16.17%, while the headline highlighted a 16% decline. Baoding Technology fell 13.08%, and Boyuan New Materials dropped 12.73%.