---
title: "CN Mutual Funds Cut Consumer Stocks Sharply in 2Q, Rotate Into AI-Related Shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293560977.md"
description: "Mainland China's public mutual funds significantly rotated portfolios in Q2, shifting from consumer stocks to AI-related shares. Major funds like E Fund Blue Chip Selected reduced holdings in Chinese Baijiu giants such as Kweichow Moutai and Wuliangye, cutting their combined weighting from 30% to 13%. Conversely, they increased positions in AI sectors, adding stakes in companies like SMIC, Dongshan Precision, Zhongji Innolight, and Piotech."
datetime: "2026-07-23T05:10:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293560977.md)
  - [en](https://longbridge.com/en/news/293560977.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293560977.md)
generator: "portal-rs"
---

# CN Mutual Funds Cut Consumer Stocks Sharply in 2Q, Rotate Into AI-Related Shares

Mainland China's public mutual funds made significant portfolio adjustments in 2Q, shifting from consumer stocks to AI-related shares, according to statistics.

The latest quarterly reports disclosed that E Fund Blue Chip Selected Mixed Fund, one of the largest actively managed funds in mainland China, reduced the combined weighting of Chinese Baijiu stocks including KWEICHOW MOUTAI (600519.SH) -8.500 (-0.651%) , WULIANGYE (000858.SZ) -0.370 (-0.495%) and LZLJ (000568.SZ) -1.920 (-2.212%) , which it had held for a long period, from 30% at the end of March to 13% at the end of June, while adding positions in AI-related shares such as SMIC (688981.SH) -8.790 (-5.649%) and DONGSHAN PRECISION (002384.SZ) -9.600 (-4.414%) .

Meanwhile, IGW Core Competence Mixed Securities Fund also added surging AI concept stocks including ZHONGJI INNOLIGHT (300308.SZ) +20.350 (+1.918%) and PIOTECH (688072.SH) -31.280 (-3.954%) to its top 10 holdings during the last quarter, replacing previous holdings such as KWEICHOW MOUTAI and HAID GP (002311.SZ) +0.310 (+0.639%) .  
(A Shares quote is delayed for at least 15 mins.)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**