Foreign giants continue to layout A-shares and actively sing more Chinese assets
Description:In the third quarter of this year, A number of A-shares were heavily bought by foreign giants. Three quarterly reports of listed companies have been disclosed, British Columbia Investment Management Company, Norwegian Central Bank and other holdings of re

In the third quarter of this year, A number of A-shares were heavily bought by foreign giants. Three quarterly reports of listed companies have been disclosed, British Columbia Investment Management Company, Norwegian Central Bank and other holdings of red flag chain, UBS, Gao Hua, Societe Generale and Morgan Stanley group holding Keming Food; Citic Lyon Asset Management Co., Ltd. has become one of the ten outstanding shareholders of Pineng Technology.


In the third quarter of this year, A number of A-shares were heavily bought by foreign giants. Three quarterly reports of listed companies have been disclosed, British Columbia Investment Management Company, Norwegian Central Bank and other holdings of red flag chain, UBS, Gao Hua, Societe Generale and Morgan Stanley group holding Keming Food; Citic Lyon Asset Management Co., Ltd. has become one of the ten outstanding shareholders of Pineng Technology.


In the view of A number of foreign institutions in China, although the A-share market shows a certain short-term volatility, but the real long-term funds will continue to pour into China. From the perspective of industry selection, high-end manufacturing, industrial upgrading and new energy are unanimously regarded by foreign investors as more certain investment opportunities in the medium and long term.


On October 19, the Red Flag chain announced its third quarterly report. In the third quarter of this year, the British Columbia Investment Management Company and the Norwegian Central Bank continued to appear in the list of the top ten outstanding shareholders of the Red Flag chain, and compared to the end of the second quarter, they all increased their positions.


Specifically, as of the end of the third quarter, British Columbia Investment Management Company held 33.227,700 shares of Red Flag chain, accounting for 3.08% of the outstanding shares; The Norwegian Central bank holds 25.428,800 shares of the Red Flag chain, accounting for 2.36% of the outstanding shares. Compared with the end of the second quarter, the two added 3.04 million shares and 2.235 million shares, respectively.


Citic Lyon Asset Management Co., Ltd. in the third quarter to become one of the top ten outstanding shareholders of PI energy technology, as of the end of the third quarter, the institution held 933,900 shares of PI Energy Technology, ranking the company's ninth largest outstanding shareholders.


In the third quarter, UBS Group became the second largest tradable share shareholder of Wanwei High-tech and the eighth largest tradable share shareholder of Tieke Railway. As of the end of the third quarter, the institution held 35.4746 million shares of Wanwei high-tech, accounting for 1.84% of the outstanding shares; 490,000 shares of rail, accounting for 0.37% of the outstanding shares.


Keming food is also favored by many foreign investors. As of the end of the second quarter of this year, there was no foreign capital among the top ten outstanding shareholders of the company. As of the end of the third quarter, four QFIIs, UBS, Gao Hua, Societe Generale and Morgan Stanley, appeared on the list of the company's top ten outstanding shareholders at the same time, holding 2.988 million shares, 2.474,400 shares, 2.099,600 shares and 1.979 million shares respectively.


Choice data shows that since September, foreign institutions are still actively investigating A-share listed companies. Specifically, Allianz Global research Hanzhong Jingji, Songlin technology; Baring Assets investigated Anjing Food, Isoftstone Power, Yiheda; Blackrock looked at Huada Jiutian, Eston, Binjiang Group and Montide Technology; Goldman Sachs researched Hengdian Dongmagnetics and Anji Technology; Morgan Stanley Investment Management surveyed Huichuan Technology and Yiheda.


Standing at the moment, foreign giants are actively singing more Chinese assets. Huang Xiaoyi, managing director of Fidelity International China, said that since the beginning of this year, although the A-share market has experienced some fluctuations, on the whole, China's liquidity is still abundant, the economic resilience is strong, and the industrial structure is relatively complete, which is the confidence of foreign investment in China.


The integrity of the industrial system can bring good expectations to the future growth of enterprises. In addition, the market adjustment has brought investment opportunities, with A-share valuations at A relative bottom, global institutional investors are highly concerned about the future of China's capital market. Huang Xiaoyi said.


Liu Song, general manager of Luberman Fund Management (China) Co LTD, believes that global institutional and retail investors are searching for yield, despite the short-term turbulence in the A-share market, truly long-term funds will continue to pour into China.


From the industry point of view, Tang Hua, general manager of Fanda Group China, said that high-end manufacturing, industrial upgrading and new energy are unanimously regarded by foreign investors as more certain investment opportunities in the medium and long term.


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