Research reports, commonly referred to as broker research reports or "sell-side research reports," are analytical documents prepared by securities company analysts for investment reference purposes. A complete broker research report typically synthesizes factual data, research information, and comprehensive analysis of specific securities' value to present perspectives on listed companies, industry trends, or macroeconomic policies, accompanied by investment ratings for relevant stocks. The research department serves as the public face and brand symbol of securities firms. While not directly generating profits, its capabilities significantly influence the development of brokerage services, investment banking operations, and direct investment subsidiaries. High-quality research reports attract mutual/private fund companies to open accounts, thereby generating brokerage revenue. Research reports can be categorized by research focus into macroeconomics, investment strategies, industry analysis, corporate research, bond research, and futures research.
CnOpenData has systematically organized Chinese securities analysts' macro research report data, presenting it in structured tables and original PDF documents, covering multiple fields including report titles, analysts, and publishing institutions.
Time Coverage
August 15, 2021 - June 2024
Field Display
Sample Data
Relevant Literature
- YI Zhihong, YANG Shengzhi, CHEN Qinyuan, 2019: "Can Analysts Reduce Stock Price Synchronicity? - An Empirical Study Based on Text Analysis of Research Reports," China Industrial Economics, No. 1.
- ZHONG Tanlin, LIU Yuanyuan, 2020: "Do Analyst Reports Contain More Information During Periods of Economic Policy Uncertainty? - A Dual Perspective of Investor Demand and Analyst Supply," Accounting Research, No. 3.
Data Update Frequency
Annual updates