1. Because institutions have their own opinions on stock trading, but they may not be completely correct. Changes in stock prices are related to many factors.

If the stock market is not doing well, many stocks will fall.

2. Institutional research reports are divided into securities company research reports (specifically divided into securities company morning meeting reports, industry research reports, investment strategy reports, company research reports, monthly investment reports, quarterly investment reports, annual investment reports, research reports, etc.)

, fund company investment reports, private equity fund investment reports, insurance company investment reports, asset management company investment reports, bank investment department research reports, etc.

Under normal circumstances, the latter types of reports are highly confidential and have low liquidity to the outside world. They basically serve insiders and even their own departments.

Annual investment reports, company research reports, external liquidity are also very low, industry research reports, investment strategy reports, but they are not necessarily completely correct, so they will fall.

Extended information Securities company research reports (specifically divided into securities company morning meeting reports, industry research reports, investment strategy reports, company research reports, monthly investment reports, quarterly investment reports, annual investment reports, research reports, etc.), fund company investment reports

, private equity fund investment reports, insurance company investment reports, asset management company investment reports, bank investment department research reports, etc.

Generally speaking, the confidentiality of the latter types of reports is very high, and their liquidity to the outside world is also very low. They basically serve insiders and even their own departments. They can be purchased frequently. Most of the first two types of reports are often seen, that is, brokerage research.

reports, and some fund company research reports. Let’s talk about brokerage research reports in detail below.