Xin Hua Wang·2025-08-12 05:47Core Insights - In the third quarter, 52 private equity firms with over 10 billion yuan in assets had their products listed among the top ten shareholders of over 300 listed companies, collectively holding a market value exceeding 110 billion yuan [1] - The focus of these private equity firms remains on sectors such as technology, high-end manufacturing, and consumer goods, which are characterized by sustainable growth potential and robust fundamentals [1] Group 1: Private Equity Holdings - Gao Yi Asset appeared in the top ten shareholders of 47 A-share companies, holding a market value of nearly 47.68 billion yuan, with 10 companies exceeding 1.1 billion yuan in holdings [2] - In the third quarter, Gao Yi Asset adjusted its holdings, reducing positions in three stocks, including Zijin Mining, while increasing its stake in Hikvision [2] - Tong Yi Investment and Ying Shui Investment followed closely, with Tong Yi holding over 2 billion yuan in 25 stocks, and Ying Shui also in 25 stocks, with minimal changes in their portfolios [2] Group 2: Sector Preferences - The pharmaceutical and biotechnology sectors remain the most favored by top private equity firms, with 39 stocks heavily held [3] - Electronics and machinery equipment are also popular, with 33 and 30 stocks respectively being heavily held by private equity [3] - Future focus areas include artificial intelligence, consumer goods, and pharmaceuticals, with an increased interest in high-end manufacturing, photovoltaics, and the new energy vehicle supply chain [3]