Group 1 - In the first half of 2025, 635 public funds held a total market value of 22.4 billion yuan in companies listed on the Beijing Stock Exchange, representing a 76% increase compared to the previous period [2][9][11] - The proportion of public fund holdings in the Beijing Stock Exchange reached a historical high of 0.37%, up 0.15 percentage points from the previous period, indicating increasing attention from public funds towards this market [11][12] - The number of public funds holding Beijing Stock Exchange companies has doubled compared to the previous year, with significant contributions from both index funds and non-theme active equity funds [12][9] Group 2 - Active equity funds have shown a significant concentration in leading and scarce sectors, with Jinbo Biological leading with a 31% allocation, reflecting a shift towards mid-cap stocks with growth potential [17][20] - The top 15 companies in active equity fund holdings accounted for 75% of the total allocation, indicating a trend towards focusing on high-quality stocks with reasonable valuations and strong growth prospects [17][20] - The active equity fund allocation in the beauty care sector surged to 31%, overtaking the power equipment sector as the largest allocation, highlighting a structural shift in investment focus [22][20] Group 3 - The Beijing Stock Exchange 50 Index has rebounded with a weekly increase of 2.79%, suggesting a positive outlook for the market [2][20] - The average price-to-earnings (PE) ratio for the Beijing Stock Exchange A-shares rose to 56 times, with daily trading volume recovering to 36 billion yuan [2][36][37] - The number of new companies registered and submitted for IPOs on the Beijing Stock Exchange indicates a normalization of new stock issuance processes [2][4]
北交所周观察第四十二期：2025H1公募基金北交所持仓市值环比+76%，主动权益大幅增配稀缺性标的
Hua Yuan Zheng Quan·2025-09-07 08:41