Gaoyi Assets Significantly Increases Stake in Memory Chip Leader

On August 12, the U.S. Securities and Exchange Commission's official website disclosed the U.S. stock holdings data for the second quarter of 2026 for Gaoyi Assets' overseas fund, a private equity giant. As of the end of the second quarter of 2026, Gaoyi Assets' overseas fund held a total of 19 U.S. stock positions, with a total market value of approximately $979 million (equivalent to about RMB 6.6 billion). The portfolio included several Chinese concept stocks such as PDD, Alibaba, and NetEase. The data shows that Gaoyi Assets' top five heavyweight stocks were Taiwan Semiconductor, HWORLD-S, PDD, BOSS ZHIPIN-W, and TRIP.COM-S, which together accounted for more than 78% of the portfolio, indicating a high level of concentration.