In Past Month, 26 Beijing Stock Exchange Firms Received Institutional Research; Hongshida Most Sought After
From July 15 to August 14, 26 Beijing Stock Exchange (BSE) companies received institutional research. Hongshida drew the most attention with 61 institutions, followed by Huami New Materials (42), Jingsai Technology (36), and Leishen Technology (34). The researched firms had an average market capitalization of RMB 2.588 billion, slightly above the BSE average of RMB 2.569 billion. Their average share price fell 0.57% over the period, with Taihu Snow, Ailun Medical, and Zhongyu Technology leading gains. Average daily turnover was 4.04%.
Based on statistics through the survey cutoff date, 26 Beijing Stock Exchange (BSE) companies received institutional research in the past month (July 15 to August 14). By institution type, securities firms conducted research on 25 companies, funds on 18, private equity funds on 14, insurance institutions on 7, and overseas institutions on 5. Hongshida attracted the most attention, with a total of 61 institutions participating; Huami New Materials, Jingsai Technology, and Leishen Technology were each covered by 42, 36, and 34 institutions, respectively.
By Shenwan industry classification, the researched BSE companies span 12 industries, with basic chemicals, machinery, and electronics being the most concentrated, each having 4, 4, and 3 companies, respectively. In terms of research frequency, Hongshida was the most frequently surveyed, receiving research visits twice.
In market performance, the researched BSE companies fell an average of 0.57% over the past month. During this period, 11 stocks rose, with Taihu Snow, Ailun Medical, and Zhongyu Technology leading the gains, up 16.63%, 11.16%, and 9.33%, respectively. In terms of turnover, the researched companies had an average daily turnover rate of 4.04% over the past month, with Oulun Electric, Hongshida, and Xintianli ranking highest at 13.08%, 12.48%, and 10.19%, respectively.
As of the close on August 14, the average total market capitalization of all BSE companies was RMB 2.569 billion, while the average for companies researched in the past month was RMB 2.588 billion. Among the researched companies, those with the largest market capitalizations included Hongshida, Fujida, and Anda Technology.