The release of third-quarter financial reports for A-share listed companies has reached its zenith, with a notable shift towards fundamental research by institutional investors. Leveraging data from Wind, by October 30, institutions have conducted surveys on close to 400 listed companies that have demonstrated year-on-year growth in net profit during the first three quarters. These entities are predominantly found within sectors such as electronics, machinery and equipment, and pharmaceutical biology—a trend reflecting a strategic pivot towards value-based investment.
