外资机构加速入场布局A股

Group 1 - A-shares have shown a significant upward trend since August, with foreign institutions accelerating their investments in the market [1] - As of August 21, foreign institutions held approximately 2.5 trillion yuan in A-shares, an 8% increase from the end of 2024, representing 2.72% of the total circulating market value [1] - 920 companies have disclosed their mid-year reports for 2025, with 261 companies having QFII as a major shareholder, collectively holding about 30.14 billion yuan [1] Group 2 - Foreign institutions have conducted 5,620 research visits to A-share companies this year, with major focus on sectors like machinery, pharmaceuticals, and electronics [2] - High interest in specific sub-sectors such as automation equipment, robotics, lithium batteries, and photovoltaic equipment has been noted [2] - Goldman Sachs indicates that while interest in Chinese stocks is increasing, the allocation remains conservative, suggesting potential for further market growth [2] Group 3 - Several factors are supporting the sustained market enthusiasm, including low financing balance relative to market value and strong growth in bank deposits [3] - Morgan Stanley expects a strong trend of increased capital allocation to the Chinese stock market, with attractive valuations compared to other markets [3] - The "anti-involution" policy is anticipated to enhance the investability of A-shares, with potential profit increases projected for related industries by 53% by 2027 [4]