FAP, April 22 (FAP)-data show that as of April 21, 469 A-share listed companies have disclosed their quarterly results for 2023, with 403 making profits and 285 net profits up from the same period last year. Among them, China Mobile achieved a net profit of 28.067 billion yuan in the first quarter, temporarily ranking as the "profit king" in the first quarter, while Yanjing Beer's net profit in the first quarter increased by 7373.28% over the same period last year, temporarily occupying the "growth king" position in the first quarter. Market participants believe that there is an obvious "quarterly report effect" in the current A-share market, and the attractiveness of performance to funds will be enhanced. A number of institutions have determined that fundamentals will be the core factor affecting the next market trend. Citic Securities believes that in the market environment of resonance revision of fundamentals, valuation and risk preference, performance-driven will replace the theme hype and become the phased main line. (Shanghai Stock Exchange News)