Research reports, commonly referred to as broker research reports or "sell-side research reports," are analytical documents prepared by securities company analysts to support investment decision-making. A complete broker research report typically synthesizes factual data, research information, and comprehensive analysis of specific securities' value, presenting insights on listed companies, industry trends, macroeconomic policies, and corresponding stock investment ratings. As the intellectual flagship of securities firms, research institutes significantly influence brokerage operations, investment banking services, and direct investment subsidiaries through high-quality reports that attract institutional clients (e.g., mutual funds/private equity firms) to generate brokerage revenue.
Research reports can be categorized by research subjects into macroeconomics, investment strategies, industry analysis, company research, bond research, futures studies, and financial engineering. Among these, company research reports are particularly noteworthy. These reports typically provide investors with analyses of listed companies' operational performance, profitability, industry positioning, growth potential, and fundamental characteristics, prepared by professional financial researchers from securities firms or investment banks.
CnOpenData's A-Share Listed Companies Analyst Research Reports and Commentary dataset comprises two structured components: Basic Information Table of Individual Stock Research Reports and Commentary Table of Individual Stock Research Reports. The dataset features structured tables and original PDF documents, encompassing key fields such as report titles, analysts, publishing institutions, comment content(回帖内容), and user information. This comprehensive resource not only documents essential report metadata but also captures market participants' real-time feedback.
Time Coverage
2021.07-2024.06
Field Display
Sample Data
Basic Information Table of Individual Stock Research Reports
Commentary Table of Individual Stock Research Reports
Relevant Literature
- YI Zhihong, YANG Shengzhi, CHEN Qinyuan, 2019: "Can Analysts Reduce Stock Price Synchronicity? An Empirical Study Based on Textual Analysis of Research Reports," China Industrial Economics 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 3.
Data Update Frequency
Annual Update