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Funds Survey Six Firms; Shenghong Leads, Fuxiang Net Profit Up 2660%

Published: Updated: By 24TopNews Editorial Desk

On August 13, funds surveyed six companies, with Shenghong attracting the most attention from 13 funds. Fuxiang reported a 2660.26% year-on-year increase in half-year net profit, the highest among the four companies that disclosed results. Over the past five days, three surveyed stocks rose, led by Shenghong's 26.38% gain, while two declined.

On August 13, funds surveyed six companies, of which five were surveyed by more than five funds. Shenghong received the most attention, with 13 funds participating in the survey; Shunluo Electronics and Fuxiang were surveyed by 10 and 8 funds, respectively.

By board, among the surveyed companies, three were on the Shenzhen main board and three on the ChiNext. In terms of total A-share market value, four companies had a market value below RMB 10 billion, including Bingshan, Xinde New Materials, and Zhongyuan.

In market performance, over the past five days, three of the surveyed stocks rose: Shenghong gained 26.38%, Xinde rose 2.68%, and Shunluo gained 0.87%; two fell: Bingshan dropped 2.19% and Zhongyuan fell 1.06%.

In terms of earnings, four companies have published half-year reports. Fuxiang had the highest net profit growth of 2660.26%, while Shenghong's growth was 44.11%.