Overseas Institutions Survey 56 A-Share Firms; Lancai Most Sought with 50, Furi Up 33%, Olin Down 31%
In the 10 trading days to July 27, overseas institutions surveyed 56 A-share companies. Lancai Technology drew the most interest with 50 institutions, followed by Lexin Tech with 17. The surveyed stocks fell an average 6.67%, with Furi Co up 33.33% and Olin Biotech down 31.43%. Among 25 companies issuing interim forecasts, 18 projected profit increases, with Yuanjie Technology leading at 1,250.95% growth.
In the 10-day period from July 14 to July 27, overseas institutions conducted research on 56 listed companies. Lancai Technology attracted 50 overseas institutions, the highest number, while Lexin Tech was surveyed by 17 overseas institutions.
In terms of share price performance, the surveyed stocks fell an average of 6.67% over the 10 days. Among the gainers were Furi Co and Lianhua Chemical, with Furi Co posting the best performance, up 33% (or precisely 33.33%). A total of 37 stocks declined, with Olin Biotech losing the most, down 31% (or precisely 31.43%).
On earnings, among the companies visited, three published interim results, with Adisseo and Supor posting the highest profit growth. Twenty-five companies released interim earnings forecasts: 18 preannounced gains, 2 preannounced profits, 2 preannounced declines, and 2 preannounced losses. Measured by the median of forecast profit growth, Yuanjie Technology reported the highest increase, with interim net profit rising 1,250.95% year-on-year.