高毅资产2025年末美股持仓出炉，持股近47亿元！近一个月调研26家A股公司！

Group 1 - The core viewpoint of the article is that Gao Yi Asset, a prominent private equity firm, has disclosed its holdings in U.S. stocks as of the end of Q4 2025, with a total market value of approximately $683 million, including several Chinese concept stocks [1][9] - Gao Yi Asset's largest U.S. stock holding is Huazhu, valued at approximately $243.36 million, accounting for about 36% of its total U.S. stock portfolio, with a quarterly increase of over 20% [1][9] - The second-largest holding is Pinduoduo, valued at approximately $222.48 million, representing about 33% of the total U.S. stock portfolio, with a quarterly increase of 47.17% [1][9] Group 2 - As of the end of Q3 2025, Gao Yi Asset's A-share holdings totaled approximately 23.57 billion yuan, with significant positions in 18 A-share companies [4][12] - The firm has been active in adjusting its A-share portfolio, with new investments in 3 companies, increasing positions in 3, reducing in 10, and maintaining 2 unchanged [4][12] - The investment focus of Gao Yi Asset includes sectors such as non-ferrous metals and electronics, with notable managers like Feng Liu and Deng Xiaofeng leading these investments [4][12] Group 3 - Gao Yi Asset has been actively conducting research on A-share companies, having surveyed 26 companies in the past month, with a notable increase in the stock price of Wangsu Science and Technology by over 85% [7][15] - The firm has a strong research team of over 60 members, with senior fund managers averaging over 20 years of experience in the securities industry [10][12] - Gao Yi Asset has received multiple industry awards, including 31 Golden Bull Awards throughout its operational history [10][12]