Jinglin Hong Kong Company reveals US stock holdings at the end of Q2 2025

The overseas subsidiary of private equity giant Jinglin Asset, Jinglin Asset Management Hong Kong Limited, submitted its U.S. stock holdings data to the U.S. Securities and Exchange Commission on the evening of August 8, covering the period up to the end of the second quarter of 2025. According to the 13F filing, as of June 30, 2025, Jinglin Hong Kong held 28 securities in the U.S. stock market, with a total market value of USD 2.874 billion, a decrease of approximately 11% from USD 3.228 billion at the end of the first quarter. Meta, the parent company of Facebook, remains the largest holding in the company's U.S. stock portfolio. In the second quarter, it newly purchased NVIDIA, Atour, and H World, and increased its positions in Manbang Group, Qifu Technology, and Alphabet, the parent company of Google; however, it completely sold off Apple and several pharmaceutical giants, and reduced its holdings in NetEase, TSMC, and Hesai Technology. According to sources, Jinglin Asset is currently heavily invested in Chinese assets, with most positions in Hong Kong stocks. It is optimistic about opportunities in emerging industries and believes that it should focus on identifying companies with strong business models and robust free cash flow