Core Viewpoint - The article discusses the latest adjustments in stock holdings by well-known private equity firms in China, revealing their investment strategies and stock performance as of the second quarter of 2025. Group 1: High Yi Asset and Key Holdings - Gao Yi Asset's Feng Liu increased his stake in Angel Yeast by 3.5 million shares, bringing his total holdings to 35 million shares, with a market value of 1.231 billion yuan. This follows a previous increase of 13 million shares in the first quarter [8][11] - Feng Liu reduced his holdings in Hikvision by 12 million shares, now holding 338 million shares valued at 9.373 billion yuan, marking three consecutive quarters of reduction. Hikvision's stock price has decreased by 1.31% this year [8][11] - Feng Liu also cut his position in Dongcheng Pharmaceutical by 4 million shares, now holding 17.5 million shares valued at 252 million yuan, while the stock has risen by 48.43% this year [10][11] Group 2: Chaos Investment and Key Holdings - Chaos Investment's Ge Weidong maintained his holdings in Yiyuan Communication at 3.626 million shares, valued at 311 million yuan, with a year-to-date stock price increase of 26.69% [4][5] - Ge Weidong also held 4.122 million shares of Zhenlei Technology, valued at 192 million yuan, with a stock price increase of 92.74% this year [6][5] Group 3: Rui Jun Asset and Key Holdings - Rui Jun Asset's Dong Chengfei reduced his holdings in Chipong Micro by 420,000 shares, now holding 2.4158 million shares valued at 135 million yuan. Chipong Micro's stock price has increased by 47.32% this year [13][14] - Rui Jun Asset also initiated a new position in Daoshi Technology with 3.8993 million shares, valued at 66 million yuan [13][14] Group 4: Renqiao Asset and Key Holdings - Renqiao Asset's Xia Junjie increased his holdings in New Classic by 2.2926 million shares, with a total market value of 44 million yuan. New Classic's stock price has risen by 3.44% this year [15][16] Group 5: Yin Ye Investment and Key Holdings - Yin Ye Investment initiated a new position in Hao Oubo with 721,700 shares, valued at 98 million yuan. Hao Oubo's stock price has increased by 18.63% this year [17][18]