Group 1 - The core investment direction for public funds in Q3 is focused on key sectors such as new energy vehicles, AI, internet, non-ferrous metals, and biomedicine, with leading stocks like Zhongji Xuchuang, Xinyi Sheng, Industrial Fulian, Alibaba, and CATL being the most favored [1][2] - CATL regained its position as the top holding stock for public funds, with 1.408 billion shares held and a market value of 75.881 billion yuan, reflecting an increase of 23.852 billion yuan from Q2, driven by a 59.96% rise in its stock price during Q3 [2][3] - Zhongji Xuchuang and Industrial Fulian entered the top ten holdings for public funds, with market values of 55.813 billion yuan and 36.343 billion yuan respectively, indicating a shift in investment preferences [3][4] Group 2 - Public funds significantly increased their holdings in Zhongji Xuchuang by 40.174 billion yuan, with the number of funds holding the stock rising from 392 to 746 [4] - Other notable stocks that received over 10 billion yuan in increased holdings include Alibaba, CATL, Cambricon, Luxshare Precision, SMIC, and Zijin Mining, highlighting a trend towards technology and resource sectors [4] - The top five newly added stocks in public funds' holdings include Guangku Technology, Jiangxi Copper, China Shipbuilding Gas, Zhongchu Innovation, and Yunyi Electric, further emphasizing the focus on resource and high-tech manufacturing sectors [4] Group 3 - In contrast, traditional sectors such as home appliances and banking saw significant reductions in holdings, with companies like Xiaomi, Midea, and China Merchants Bank being the most heavily sold off, with Xiaomi alone experiencing a reduction of 10.834 billion yuan [5][6] - The overall trend indicates a capital preference shift away from traditional industries towards technology and new energy sectors, reflecting the ongoing economic transformation [2][5]