Industrial: A-share market is about to enter a period of intensive disclosure of mid-year performance forecasts. Economic investment may become more effective.

date
19/06/2025
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GMT Eight
Guosen Securities released a research report stating that A-shares are about to enter a period of concentrated disclosure of mid-term performance forecasts. During the period from June to mid-July, investment activity may become more effective.
Industrial released a research report stating that the A-share market is about to enter a period of intensive disclosure of mid-year performance forecasts. Listed companies on the Shanghai and Shenzhen main boards that meet the criteria should disclose their mid-year performance forecasts before July 15. With the continuous disclosure of mid-year performance forecasts from June to July, the effectiveness of investment during this period may increase. According to the latest regulations of the stock exchange, if a listed company on the Shanghai and Shenzhen main boards has a negative net profit in its mid-year performance, or turns losses into profits, or achieves profits, and the net profit increases or decreases by more than 50% compared to the same period last year, one of the three conditions, it needs to disclose its mid-year performance forecast before July 15. If the absolute value of earnings per share for the previous half year is less than or equal to 0.03 yuan, the third condition can be exempted. The Science and Technology Innovation Board, the ChiNext Board, and the Beijing Stock Exchange are not currently required to disclose mid-year performance forecasts. Industrial has analyzed the correlation between market performance rankings and revenue growth rankings for each month of the year, and it can be seen that with the continuous disclosure of mid-year performance forecasts, the effectiveness of investment in June to July is increasing, with market attention to current performance in the first half of July being second only to the second half of April (annual report & first quarter report). In terms of individual stock performance, the release of mid-year performance forecasts and quick reports has a significant impact on individual stock performance. Over the past two years, stocks that have led the market in June and July have mostly shown higher mid-year performance forecast and quick report growth rates.