上市公司2025年中报正在密集披露，QFII上半年末重仓股及二季度持股变动情况随之浮出水面。 数据显示，截至8月26日，已有3072家A股上市公司披露了2025年中报。其中，663家公司的前十大流通股东名单中出现了QFII的身影。具体来看，QFII在二 季度新进成为374只个股的前十大流通股东；同时，对另外157只个股的持股数量相比上季度有所增加。 行业方面，QFII对电子行业持仓市值超120亿元，对有色金属行业持仓市值超50亿元。 持仓生益科技超95亿元 数据显示，截至8月26日，共计3072家A股上市公司披露了2025年中报。在已披露2025年中报的上市公司中，有663家上市公司的前十大流通股东中出现了 QFII的身影，合计持股数量达32.78亿股，持股市值为525.15亿元（以2025年上半年末收盘价计算）。 从QFII持仓市值排名看，QFII对生益科技的持仓市值达95.50亿元，位居第一；对紫金矿业、九号公司-WD的持仓市值分居第二、第三位，分别达33.83亿 元、11.69亿元。此外，QFII对东方雨虹、恒立液压持仓市值均超9亿元。 已披露2025年中报上市公司中QFII十大重仓股 | 证券代码 | ...

上市公司2025年中报正在密集披露，QFII上半年末重仓股及二季度持股变动情况随之浮出水面。 Wind数据显示，截至8月26日，已有3072家A股上市公司披露了2025年中报。其中，663家公司的前十大流通 股东名单中出现了QFII的身影。具体来看，QFII在二季度新进成为374只个股的前十大流通股东；同时，对另 外157只个股的持股数量相比上季度有所增加。 行业方面，QFII对电子行业持仓市值超120亿元，对有色金属行业持仓市值超50亿元。 持仓生益科技超95亿元 Wind数据显示，截至8月26日，共计3072家A股上市公司披露了2025年中报。在已披露2025年中报的上市公司 中，有663家上市公司的前十大流通股东中出现了QFII的身影，合计持股数量达32.78亿股，持股市值为525.15 亿元（以2025年上半年末收盘价计算）。 从QFII持仓市值排名看，QFII对生益科技的持仓市值达95.50亿元，位居第一；对紫金矿业、九号公司-WD的 持仓市值分居第二、第三位，分别达33.83亿元、11.69亿元。此外，QFII对东方雨虹、恒立液压持仓市值均超 9亿元。 已披露2025年中报上市公司中QFII十大重 ...

上市公司2025年中报正在密集披露当中，QFII上半年末重仓股及持股变动情况浮出水面。Wind数据显示，已有264家上市公司披露了2025年中报。其中，64 家公司前十大流通股东名单中出现了QFII的身影。具体来看，QFII在二季度新进成为28只个股的前十大流通股东；同时，对另外18只个股的持股数量相比上 季度有所增加。行业方面，QFII上半年末对汽车行业持仓市值超过13亿元，对建筑材料、电力设备行业持仓市值均超10亿元。 当日综合评分 技术面5.5 资金面10.0 短期大盘趋势偏强 当日点评 主力净流入行业板块前五：稀土磁材，智能音箱，半导体，小家电，信托； 主力净流入概念板块前五：光通信，光电共封装CPO，5G，镨钕，智能眼 镜/MR头显； 主力净流入个股前十：新易盛、北方稀土、寒武纪、中科创达、中油资本、包钢股份、云天励飞、太辰光、中际旭创、盛和资源 钨产品价格频创新高，国内首批钨精矿配额+环保督察影响下，供应下降。国外桑东和海豚钨矿增量不及预期，巴库塔钨矿顺利投产，但当地缺乏冶炼产 能，需运回中国冶炼后再出口。平衡表整体偏紧，海外的缺口相较国内更加明显，价格整体乐观。 美国总统特朗普在社交媒体上写道， ...

8月25日主力资金净流出8482.62万元，占流通市值0.17%。近五个交易日累计净流出2.65亿元，占流通 市值0.51%。 风险提示：股市有风险，投资需谨慎。 华润三九最新股价报30.93元，较前一交易日上涨0.65%。盘中最高触及30.96元，最低下探30.68元，全 天成交6.23亿元。 华润三九属于中药制造行业，是大型国有控股医药上市公司。公司主要从事医药产品的研发、生产、销 售及相关健康服务，核心业务覆盖处方药、OTC、抗生素等领域。 根据最新披露的中报数据，华润三九位列QFII持流通股市值前五名。在已披露中报的1600余家上市公司 中，华润三九获得外资机构重点配置。 ...

Group 1 - As of August 12, 264 A-share listed companies have disclosed their 2025 interim reports, with 64 companies having QFII as one of their top ten circulating shareholders, holding a total of 365 million shares valued at 6.399 billion yuan based on the closing price at the end of the first half of the year [1][3] - In the second quarter, QFII became a new top ten circulating shareholder in 28 stocks, with holdings in Zhongchong Co. and Zhuzhi Group exceeding 100 million yuan each. Additionally, QFII increased its holdings in 18 stocks during the same period [3] - QFII's investment preferences are evident, with the highest holdings in the automotive, building materials, and electrical equipment sectors, valued at 1.308 billion yuan, 1.118 billion yuan, and 1.070 billion yuan respectively [3] Group 2 - The Abu Dhabi Investment Authority had the highest QFII holding value at the end of the first half of 2025, amounting to 1.918 billion yuan, followed by Schroder Global Fund Series China A-shares and Barclays Bank with holdings of 833 million yuan and 525 million yuan respectively [3] - Since the third quarter, the A-share market has seen a continuous rebound, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rising by 6.94%, 10.38%, and 15.95% respectively as of August 13 [3] - Among industry sectors, only the banking sector experienced a decline of 1.21%, while all other sectors saw gains, with telecommunications, steel, and pharmaceutical industries leading with increases of 21.38%, 17.30%, and 16.30% respectively [3]

Core Viewpoint - The report highlights the significant presence of QFII funds, particularly the Kuwait Investment Authority and Abu Dhabi Investment Authority, among the top ten circulating shareholders of A-shares, with a combined market value exceeding 16 billion yuan as of the end of the first quarter [1] Group 1: Kuwait Investment Authority - The Kuwait Investment Authority appeared in the top ten circulating shareholders of 24 A-shares, with a cumulative market value of 5.493 billion yuan, reflecting a quarter-on-quarter increase of 36.95% [1] - In the first quarter, the Kuwait Investment Authority increased its holdings in Feike Electric by 1.63 million shares, with a cumulative market value of 301 million yuan, representing 1.88% of circulating shares [2] - The authority also increased its stake in Yingliu Co. by 540,000 shares, with a cumulative market value of 182 million yuan, accounting for 1.44% of circulating shares [2] Group 2: Abu Dhabi Investment Authority - The Abu Dhabi Investment Authority became a top ten circulating shareholder in 27 A-shares, with a cumulative market value exceeding 10.6 billion yuan, marking a quarter-on-quarter growth of 74% [3] - In the first quarter, the Abu Dhabi Investment Authority entered the top ten circulating shareholders of 12 new stocks, increased holdings in 9 stocks, and reduced holdings in 5 stocks [3] - The largest holding of the Abu Dhabi Investment Authority is Zijin Mining, with 163 million shares valued at 2.956 billion yuan [3]

Group 1 - The core focus of the news is on the QFII (Qualified Foreign Institutional Investors) holdings in various companies, highlighting their increased presence and the impact of U.S. tariffs on these investments [1][9] - As of the end of Q1 2025, QFII holdings have increased, with 20 stocks having over 1% QFII ownership, including companies like Zijin Mining, China XD Electric, and Huace Testing [1][2] - QFII's presence in the top ten shareholders of companies like Sunshine Dairy and Huace Testing indicates a trend of foreign institutional investment in these firms [2][3] Group 2 - Starry Technology has a QFII holding ratio close to 6%, positioning it as a leading video surveillance chip company [2] - Sunshine Dairy's top ten shareholders include four QFII entities, with significant increases in holdings from UBS and Morgan Stanley [2] - Huace Testing has also seen QFII involvement, with Morgan Stanley and Goldman Sachs among its top shareholders, and it has received substantial increases from the Stock Connect program [2][3] Group 3 - Among the 45 stocks analyzed, 38 have seen an increase in QFII holdings, with 14 stocks experiencing an increase of over 1 percentage point [5] - Companies like Fangzheng Electric and Jinchengzi have attracted new QFII investments, indicating a growing interest in sectors such as machinery and basic chemicals [5] - Silver Technology has also seen a QFII increase of over 2 percentage points, maintaining a significant portion of its revenue from overseas [6] Group 4 - The average increase in stock prices for QFII-added stocks is nearly 20% year-to-date, while those with reduced QFII holdings have seen an average decline of over 4% [7] - Specific stocks like Shuanglin Co. and Xiaoming Co. have shown significant price increases, while others like China XD Electric have experienced declines [7] Group 5 - Companies with overseas business operations are actively addressing the potential impacts of U.S. tariffs, with many asserting that the effects will be limited [9][10] - Tianjian Co. has reported that its overseas revenue from the U.S. has been significant, but it plans to leverage its international production bases to mitigate tariff impacts [9] - Other companies, such as Yingweiting and Changhong Huayi, are also evaluating the potential effects of tariffs on their operations and are taking proactive measures to ensure stability [10][11]

Core Viewpoint - Midea Group announced a new share repurchase plan with a maximum amount of 10 billion yuan, reflecting confidence in its future development and commitment to enhancing shareholder returns [2][3]. Summary by Sections Share Repurchase Plan - Midea Group's board approved a share repurchase plan for 2024, with a budget of 5 billion to 10 billion yuan, at a price not exceeding 100 yuan per share [2]. - The repurchased shares will primarily be used for cancellation and reducing registered capital, with over 70% allocated for this purpose [2]. - The funding for the repurchase will come from the company's own funds and a special loan from China Bank [2]. Market Context and Performance - Midea Group's repurchase plan is the highest in terms of amount since July 2022 in the A-share market [2]. - The company has previously executed a 15 billion yuan repurchase plan in May 2021, which was completed in September of the same year [2]. - Among over 130 companies with a market capitalization exceeding 100 billion yuan, only 17 have implemented share repurchases consistently from 2020 to 2024, with Midea Group leading with nearly 20 billion yuan in total repurchases [3][4]. Stock Performance - From 2020 to March 28, 2025, the average stock price increase for the 17 companies that consistently repurchased shares was nearly 60%, with Midea Group's stock rising over 55% during this period [3]. - Midea Group's stock saw a significant increase of over 40% in 2024 alone [3]. QFII Holdings - As of March 28, 2024, 69 stocks among those that disclosed annual reports had QFII (Qualified Foreign Institutional Investor) holdings, indicating increased foreign investment interest [5]. - The sectors with the largest increases in QFII holdings included basic chemicals, non-ferrous metals, and semiconductors, while sectors like pharmaceuticals and public utilities saw declines [5]. - Notable companies with significant QFII holdings include Zijin Mining, Satellite Chemical, and North New Building Materials, with Satellite Chemical's QFII holdings increasing to 1.125 billion yuan [6]. Long-term QFII Holdings - Among the 69 stocks, 14 have maintained stable QFII holdings since 2022, with some like Satellite Chemical and North New Building Materials having held QFII investments for over five years [9]. - The average stock price increase for these 14 companies exceeded 20%, outperforming the Shanghai Composite Index during the same period [9].