Mei Ri Jing Ji Xin Wen·2025-08-03 12:56Core Insights - The U.S. stock market rebounded quickly in Q2 2025 after tariff friction, reaching new highs, with Oriental Harbor's overseas fund increasing its holdings to approximately $1.127 billion and expanding its portfolio to 13 stocks [1][3] Group 1: Fund Performance and Holdings - Oriental Harbor's overseas fund reported a significant increase in holdings, rising from $868 million at the end of Q1 to $1.127 billion by the end of Q2 [3] - The fund's primary focus remains on technology leaders, with Nvidia as the top holding, owning 1.2678 million shares, which saw a price increase of 45.77% in Q2 [3][4] - Google was notably increased in the portfolio, becoming the second-largest holding with 921,600 shares, and its stock price rose by 13.54% during the same period [4] Group 2: New Investments - In Q2 2025, Oriental Harbor initiated a position in Tesla, holding 198,300 shares, which rebounded with a 22.57% increase after a previous decline of 35.83% in Q1 [4] - The fund also entered a new position in Netflix, acquiring 42,800 shares, which appreciated by 43.6% in Q2 [4] - Additionally, the fund made its first investment in the cryptocurrency sector by purchasing 156,100 shares of Coinbase, which surged over 103% in Q2 [2][5] Group 3: Market Trends and Strategy - The digital currency sector showed strong performance in both U.S. and Chinese markets, with Coinbase positioned as a key player in connecting crypto assets with mainstream finance [5] - The investment strategy emphasizes companies that can "change the world," with a focus on AI technology, computing infrastructure, and applications [3][5] - The fund's domestic portfolio also heavily invests in ETFs closely related to U.S. stocks, with a total market value of approximately 930 million yuan [6]