Optimistic about the resilience of Chinese assets, QFII frequently buys "double stocks"

According to Wind data, as of April 24, at the end of the first quarter of this year, the social security fund appeared in the top ten circulating shareholders of about 120 companies, newly buying or increasing positions in more than 60 stocks, and reducing positions in more than 30; during the same period, QFII appeared in the top ten circulating shareholders of nearly 120 companies, newly buying or increasing positions in more than 90 stocks, and reducing positions in more than 20. The reporter noticed that behind several stocks with a maximum increase of over 100% in the first quarter, there was a phenomenon of large-scale purchases by QFII. According to incomplete statistics, in the first quarter of this year, companies such as Shuanglin Auto Parts, UCloud, Founder Motor, HaiLanXin, New Chai Co., Ltd., and Jiangtian Chemical all experienced a doubling of their stock prices at one point, with the top ten circulating shareholders at the end of the first quarter including QFII such as Goldman Sachs, Morgan Stanley International, JP Morgan Securities, UBS, and Barclays Bank. (China Securities Journal)