Shen Zhen Shang Bao·2025-11-19 23:08Core Insights - Foreign institutions significantly increased their holdings in Chinese assets during the third quarter, with major players like Goldman Sachs, Morgan Stanley, and Merrill Lynch raising their A-share positions by over 20% [1][3] - The China Overseas Internet ETF (KWEB) saw substantial investment from foreign institutions, with its size growing from $6.373 billion at the end of the first half to $9.793 billion by the end of the third quarter [2] Group 1: Foreign Investment Trends - Major foreign institutions such as Bank of America, UBS, Morgan Stanley, and Millennium Management have increased their holdings in the China Overseas Internet ETF, with share counts rising by 215.89%, 35.29%, 24.76%, and 307.44% respectively [2] - As of the end of the third quarter, 3,554 A-share companies had foreign institutional holdings, totaling approximately ¥2.73 trillion, reflecting a 12.4% increase from the previous quarter [3] Group 2: Specific Stock Increases - Citigroup held 3.83 million shares of Alibaba, with a market value of $684 million, showing a quarter-on-quarter increase of 5.63% in shares and 66.45% in market value [3] - JPMorgan held 5.58 million shares of Pinduoduo, with a quarter-on-quarter increase of 17.5% in shares and 48.38% in market value [3] - Citigroup held 350,000 shares of Baidu, with a quarter-on-quarter increase of 6.75% in shares and 64% in market value [3] Group 3: Institutional Insights - Notable foreign institutions such as Morgan Stanley, Goldman Sachs Asia, and Merrill Lynch significantly increased their A-share holdings, with Morgan Stanley's increase exceeding 30% at 33.1% [3] - As of the third quarter of 2025, foreign institutional investors further increased their holdings in Chinese stocks, with the top 40 global investment institutions' holdings rising to 1.1%, the highest level since the first quarter of 2023 [3]