北交所周报：市场交易活跃，ESG信披迎来实践指南

Core Insights - The North Exchange 50 Index experienced a weekly increase of 21.53%, with 248 out of 256 listed companies showing positive growth, led by Yintu Network (+126.35%) and Zhisheng Information (+117.24%) [1][11] - All sectors on the North Exchange saw gains, with the defense and military industry leading at +51.1%, followed by food and beverage (+40.7%) and computer industry (+35.3%) [1][11] - The overall trading activity on the North Exchange remains high, with an average daily trading volume of approximately 49.83 billion yuan and a total weekly trading volume of 249.13 billion yuan, marking a 10.31% increase from the previous week [1][7] Market Performance - The North Exchange's overall price-to-earnings (P/E) ratio is around 43.5 times, surpassing the ChiNext board for the first time, with the ChiNext at 38.7 times and the Sci-Tech Innovation Board at 48.7 times [2][21] - The media industry has the highest average P/E ratio at 2339.4 times, followed by light industry manufacturing (233.7 times) and basic chemicals (199.0 times) [2][21] - The trading volume and amount on the North Exchange have shown a fluctuating upward trend since 2022, with weekly trading totals stabilizing above 50 billion yuan since November 2023 [10][21] Investment Strategy - The North Exchange is recommended for investment due to its high trading activity and ongoing new stock issuance. Key investment directions for Q4 2024 include focusing on high-growth companies with strong R&D investment, state-owned enterprises with high return on equity, companies benefiting from capacity release and mergers, and those with high dividend yields [3][24]