Funds Survey 8 Firms on Aug 4; Chuanzhi Education Up Over 61% in Five Days
On August 4, fund companies surveyed eight listed companies, with five attracting at least five funds each. Feilong Co. drew the most, with 35 funds, followed by Xingyun Technology and Chuanzhi Education with eight and six funds. Over the past five days, seven surveyed stocks rose, led by Chuanzhi Education at 61.03%, while Feilong fell 22.82%. Xingyun Technology posted the largest net capital inflow of RMB 558 million. Among three companies that released interim results, Yibo Technology's net profit surged 1,561.55% and Xingyun Technology's rose 540.15%.
On August 4, fund companies surveyed eight listed companies in total, with five companies attracting surveys from five or more funds. Feilong Co. received 35 funds participating in the survey, the highest number among companies surveyed that day; Xingyun Technology and Chuanzhi Education received eight and six fund surveys, respectively. In addition, Yakang Co. , Shengtong Energy and other companies also received fund surveys.
By sector, among the surveyed companies, four were on the Shenzhen main board and four were on the ChiNext board. By total market capitalisation, three companies had a total market value below RMB 10 billion: Chuanzhi Education, Yakang Co. and Yibo Technology.
In terms of market performance, seven of the fund-surveyed stocks rose over the past five days, with Chuanzhi Education posting the largest gain of 61.03%, followed by Xingyun Technology at 25.15% and Yibo Technology at 16.52%. One stock fell: Feilong Co. dropped 22.82%. On capital flows, seven surveyed stocks recorded net inflows over the past five days, with Xingyun Technology seeing the largest net inflow of RMB 558 million; Shengda Resources and Chuanzhi Education recorded net inflows of RMB 181 million and RMB 91.2735 million, respectively.
On earnings, three of the fund-surveyed companies have published semi-annual reports. Yibo Technology's net profit rose 1,561.55% year on year, while Xingyun Technology's net profit increased 540.15%.