Shareholders frequently increase their confidence in holdings

At the close of the year, the increase in holdings became a unique landscape on the A-share market. In October 2017, a number of listed companies received shareholder holdings, stabilizing the stock price and conveying confidence in the company's development prospects and recognition of its intrinsic value. In the turbulent background of the stock market, the increase in shareholding by major shareholders has become a common phenomenon. According to research report data of Southwest Securities Research and Development Center “Analysis of Restricted Shares Reduction and Holding in Oct. 2017,” the shareholder’s increase in market value of listed companies in October totaled 20.01 billion yuan, an increase of 1.715 billion yuan from November, an increase of 9.37% was the second highest level in the year. In