The relevant announcements of listed companies expose the trend of long-term capital accumulation

Recently, several listed companies, including IMDTECL, GOLDWIND, and NKF, disclosed their latest top ten circulating shareholders list. Among them, the social security fund portfolio and pension insurance fund portfolio, representing long-term capital, frequently appeared and made purchases or increased positions in certain stocks. Industry insiders believe that both the social security fund and pension insurance fund belong to long-term patient capital, and their portfolio adjustments and stock replacements are not frequent. The targets they buy are mostly industry leaders with good performance, low price-to-earnings ratios, stable cash dividends, and strong core competitiveness. (Shanghai Securities Journal)