Private equity institutions conducted over 5,300 research visits in October, with four major sectors including electronics drawing the most attention.

In October, private equity institutions maintained a relatively high level of enthusiasm for research. Data from Simuwang show that a total of 1,037 private equity institutions participated in research activities on A-share listed companies that month, conducting 5,310 research visits in total and covering 463 individual stocks. From the perspective of industry distribution, private equity research showed a certain degree of concentration. In October, 13 Shenwan Level-1 industries received no fewer than 100 research visits from private equity institutions, among which the four major industries of electronics, pharmaceuticals and biotechnology, power equipment, and machinery equipment each received more than 500 research visits. Specifically, in October, the electronics industry received 986 research visits from private equity institutions, ranking first among all industries and involving 73 individual stocks; 62 listed companies in the pharmaceuticals and biotechnology industry received a total of 976 research visits from private equity institutions; the power equipment and machinery equipment industries each received more than 500 research visits from private equity institutions. The above four major industries together received 3,039 research visits from private equity institutions, accounting for 57.23% of the total number of research visits, indicating a relatively high degree of industry concentration in private equity institution research in October.