Core Viewpoint - Agricultural Bank of China (ABC) has achieved a historic milestone by becoming the A-share market's largest circulating market value, surpassing Industrial and Commercial Bank of China (ICBC) for the first time in its history [1][2] Group 1: Stock Performance - ABC's stock price increased by 1.22% on August 6, 2023, closing at 6.62 CNY per share, with a circulating market value of 2.11 trillion CNY [1] - On August 7, 2023, the stock price rose by 1.36%, reaching 6.71 CNY per share, and the total market value reached 2.35 trillion CNY [1] - The stock has shown significant growth since 2023, with price increases of 33.18%, 54.74%, and 29.54% for the years 2023, 2024, and 2025 respectively [2][3] Group 2: Fund Holdings - As of the end of Q2 2025, 93 fund companies hold a total of 353 public funds in ABC, with a total market value of 6.097 billion CNY [2][3] - The top five funds holding over 100 million CNY in ABC include both index and actively managed funds, with the highest being Huabao CSI Bank ETF at 650 million CNY [3] - The fund "Jinxin Intelligent China 2025" has held ABC for 30 consecutive quarters, focusing on bank stocks, and has delivered strong returns [5][6] Group 3: Fund Performance - "Jinxin Intelligent China 2025" reported returns of 10.40%, 34.05%, and 17.48% for the years 2023, 2024, and 2025 respectively, ranking in the top 3%, 1%, and 25% of its category [5] - "Yinhua Changrong A" has also held ABC for over 10 quarters, with returns of 2.36% and 18.56% in 2023 and 2024, ranking in the top 6% and 8% of its category [5][6] Group 4: Fund Company Holdings - Among the 93 fund companies, 12 have holdings in ABC exceeding 100 million CNY, with Huatai-PineBridge being the largest holder at 974 million CNY [6] - Other significant holders include Huabao Fund and Fortune Fund, with holdings of 686 million CNY and 425 million CNY respectively [6]

Core Viewpoint - Agricultural Bank of China (ABC) has surpassed Industrial and Commercial Bank of China (ICBC) to become the largest A-share market capitalization bank for the first time in history, with a market cap of 2.11 trillion yuan as of August 6, 2023 [3][4]. Market Performance - ABC's stock price has seen significant increases in recent years, with gains of 33.18%, 54.74%, and 29.54% in 2023, 2024, and 2025 respectively [5][6]. - The bank's stock price has been on an upward trend since 2023, marking a notable recovery from previous years when it fluctuated around 2.5 yuan per share [4][5]. Fund Holdings - As of the end of Q2 2023, 93 fund companies held a total of 353 public funds in ABC, with a total market value of 6.097 billion yuan [5][6]. - Notable funds that have consistently held ABC shares include Jin Xin Smart China 2025, which has held the stock for 30 consecutive quarters, and Yin Hua Chang Rong A, which has held it for 14 consecutive quarters [15][16]. Top Funds by Market Value - The top five index funds holding ABC shares with over 100 million yuan in market value include: - Hua Bao CSI Bank ETF: 6.5 billion yuan - Tian Hong CSI Bank ETF: 491.64 million yuan - Guotai CSI 180 Financial ETF: 323.26 million yuan - Fu Guo CSI Composite Index ETF: 239.05 million yuan - Yi Fang Da CSI Bank ETF: 184.69 million yuan [8][9]. Fund Company Holdings - The fund company with the highest total market value in ABC shares is Huatai Fuhua Fund, with 974 million yuan, followed by Hua Bao Fund and Fu Guo Fund with 686 million yuan and 425 million yuan respectively [16][17].