According to CoinMeta, enthusiasm for private equity research has been high since the fourth quarter. As of November 5, 2026, a total of 1,106 private equity firms have participated in A-share research activities, conducting a total of 6,246 surveys, covering 558 individual stocks across 28 industries classified by Shenwan. Among them, 61 private equity firms with assets of over ten billion yuan have conducted 836 surveys since the fourth quarter, covering 334 individual stocks in 26 of Shenwan's primary industries.