Economy

The popularity of the A-share market continues to grow, with high enthusiasm for research by public institutions in October

2024-11-01   

October is the third quarter report disclosure period for listed companies, with multiple heavyweight policies being released and implemented intensively, further increasing market activity. In this context, public institutions actively conduct in-depth research on listed companies. According to data from the Public Offering Ranking Network, as of October 30th, 160 public institutions have conducted in-depth research on A-shares, covering 508 listed companies in 91 secondary industries of Shenwan. The total number of research visits reached 6264, a significant increase from September. Among the 160 public institutions participating in the survey, 137 public institutions participated in the survey no less than 10 times, of which 7 participated in the survey no less than 100 times. According to the number of surveys conducted, the top public fund institutions are Boshi Fund, Jiashi Fund, China Merchants Fund, Guangfa Fund, Huaxia Fund, Fuguo Fund, Yinhua Fund, Guotai Fund, HSBC Jinxin Fund, and Southern Fund. Boshi Fund ranks first with 138 surveys conducted. The institution's active research also reflects the recent rebound in market activity and confidence. Hang Seng Qianhai Fund stated in an interview with Securities Daily that market confidence is gradually recovering and stabilizing, and they are optimistic about the future upward trend of A-shares. Lang Chengcheng, fund manager of Furong Fund, told reporters that the central market of the medium-term may gradually rise, but there will inevitably be fluctuations during the upward phase. In the short term, after a systematic increase in market valuation, it may accelerate the industry's rotation. At present, it is recommended to pay close attention to segmented industries with high growth expectations or reversal expectations for next year. Among the 508 listed companies surveyed by public institutions in the communication equipment and other industries, 221 were surveyed no less than 10 times, of which 16 were surveyed no less than 50 times. In terms of attention, companies such as Lixun Precision, No.9 Company, Ruiming Technology, Hengxuan Technology, and Tianfu Communication became the "most favored" by public institutions in October. Lixun Precision has been surveyed the most times, reaching 99 times. The company's main business includes consumer electronics, communication and interconnection products, and precision components. In the third quarter, it achieved a net profit of 3.679 billion yuan, a year-on-year increase of 21.88%. During a recent interaction with investors, the management of Luxshare Precision revealed that the company achieved year-on-year revenue growth in the first three quarters, not only due to the contribution of new and old products, but also due to the incremental expansion of the company's revenue growth. Lixun Precision stated that in the next 5 to 10 years, the company will still be in a high-speed growth stage in business expansion. From an industry perspective, the surveyed companies are distributed among 91 secondary industries of Shenwan. In terms of the number of surveys, 66 industries have been surveyed no less than 10 times, of which 20 industries have been surveyed no less than 100 times. According to the number of surveys conducted, the top ten industries that receive the most public attention are semiconductor, medical equipment, chemical pharmaceuticals, general equipment, communication equipment, batteries, automotive parts, consumer electronics, computer equipment, and biological products industries. (New Society)

Edit:Yao jue Responsible editor:Xie Tunan

Source:Securities Daily

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