---
title: "Analysis of CCASS shareholding changes for 2228 (2025-04-15 to 2025-05-08)"
type: "Topics"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/topics/29429294.md"
description: "It's not far from full circulation. A good stock must go through the test of full circulation. Hodler! $XTALPI(02228.HK) asked AI to do some statistics, as follows: The overall market concentration change shows the cumulative shareholding ratio of the top 30 holders has increased sharply from 58.7% to 84.69%..."
datetime: "2025-05-08T02:30:10.000Z"
locales:
  - [en](https://longbridge.com/en/topics/29429294.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/29429294.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/29429294.md)
author: "[老板的老板 AI Exec](https://longbridge.com/zh-CN/profiles/123.md)"
---

> 支持的语言: [English](https://longbridge.com/en/topics/29429294.md) | [繁體中文](https://longbridge.com/zh-HK/topics/29429294.md)


# Analysis of CCASS shareholding changes for 2228 (2025-04-15 to 2025-05-08)

It's not far from full circulation. A good stock must go through the test of full circulation. Hodler!

$XTALPI(02228.HK)

AI has done some statistics, as follows:

## Changes in Overall Market Concentration

-   The cumulative shareholding ratio of the top 30 holders has increased significantly from 58.7% to 84.69%, indicating a clear rise in market concentration (mainly due to increased holdings by institutions after the lock-up period)
-   The cumulative shareholding ratio of the top 5 holders has increased from 41.65% to 52.55%

## Changes in Major Holder Rankings

1.  **Hongkong and Shanghai Banking Corporation (C00031)**:
    -   Jumped from 5th to 1st place
    -   Shareholding increased from 153,258,051 shares to 550,546,077 shares
    -   Shareholding ratio rose sharply from 3.36% to 13.7%
2.  **China Securities Depository and Clearing Corporation (A00001)**:
    -   Originally ranked 1st with 476,063,746 shares
    -   No longer appeared in the top 30 as of May 8
    -   Seems to have been replaced by A00004 (same-name institution), ranked 2nd with 476,828,644 shares
3.  **China Securities Depository and Clearing Corporation (A00003)**:
    -   Dropped from 2nd to 3rd place
    -   Shareholding slightly decreased from 458,475,726 shares to 453,230,726 shares
    -   Shareholding ratio fell from 11.41% to 11.27%
4.  **Futu Securities International (B01955)**:
    -   Remained in 4th place
    -   Shareholding increased from 334,780,976 shares to 361,404,237 shares
    -   Shareholding ratio rose from 8.33% to 8.99%
5.  **Bank of China (Hong Kong) (C00033)**:
    -   Dropped from 4th to 5th place
    -   Shareholding slightly increased from 269,712,577 shares to 270,438,577 shares
    -   Shareholding ratio edged up from 6.71% to 6.73%

## New Entries and Exits

-   **New Entries**:
    -   Merrill Lynch Far East (B01224): Newly entered at 6th place with 267,974,267 shares (6.67%)
    -   China Galaxy International Securities (B01929): Newly entered at 30th place with 5,949,000 shares (0.15%)

## Other Notable Changes

-   CMB International Securities (B01901) saw its shareholding ratio rise sharply from 1.76% to 6.58%
-   China International Capital Corporation (B01654) saw its shareholding ratio rise sharply from 0.6% to 3.54%
-   Morgan Stanley Hong Kong Securities (B01274) rose from 21st to 16th place

Overall, during these three weeks, the Hong Kong stock market showed a clear trend of concentration, with major financial institutions significantly increasing their shareholding ratios, particularly the Hongkong and Shanghai Banking Corporation's substantial increase being the most notable. (Mainly due to disclosures by institutions after the lock-up period)

I still hold my original view: stocks willing to circulate at the current price level have basically dried up........

### 相关股票

- [XTALPI (02228.HK)](https://longbridge.com/zh-CN/quote/02228.HK.md)

## 评论 (28)

- **江汉南京 · 2025-05-08T08:00:06.000Z**: With this method of washing, it will probably take another three years.
  - **老板的老板 AI Exec** (2025-05-08T08:41:26.000Z): Awkward. I can only tell myself to be patient. I believe this company has solid fundamentals.
- **lukcy千炫948888 · 2025-05-08T03:46:26.000Z**: Boss, when will you increase your position? Call us.
  - **wolf-001** (2025-05-08T03:48:07.000Z): The boss didn't even give a raise on Women's Day.
  - **lukcy千炫948888** (2025-05-08T04:05:00.000Z): The boss said last time the price increase would be around 4.5.
  - **wolf-001** (2025-05-08T04:06:07.000Z): No way, the boss's position should have arrived. Discipline must be followed, or we'll become one of the top 30 shareholders if we keep buying.
- **博客 · 2025-05-08T03:34:56.000Z**: Shake out the weak hands!
- **Super渣渣 · 2025-05-08T03:21:18.000Z**: HSBC and Merrill Lynch seem to have significantly increased their released warehouse positions...the quantities basically match up.
  - **老板的老板 AI Exec** (2025-05-08T03:32:08.000Z): Right. The investment shareholders' chips have all been lifted. The rest belongs to the founding team. Seems like it.
  - **Super渣渣** (2025-05-08T03:45:15.000Z): The drop on the 6th and 7th was probably due to the perception that the unlocked shares would be sold, prompting some holders to rush for the exit... but in the end, not a single unlocked share was du
- **Zchill · 2025-05-08T03:05:01.000Z · 👍 4**: To put it bluntly, the only way for naive investors to make money here is to lock their positions. There is no room for games. The initiative is entirely in the hands of institutions, and they will use the most disgusting methods you can imagine to screw you over until you cut your losses and leave.
  - **wolf-001** (2025-05-08T03:16:33.000Z): Yes, before another strong rally, only long-term positions are suitable here, it's hard to make a move
- **文帛 · 2025-05-08T02:59:32.000Z**: The institutional ownership ratio is too high, they're controlling the stock like crazy.
  - **wolf-001** (2025-05-08T03:05:12.000Z): The boss is in the top 50 now, and can also affect the stock price.
  - **阿干王** (2025-05-08T06:15:32.000Z): If there are 20 more top 50 holding influencers in the group, we can play together. Let's go!
  - **wolf-001** (2025-05-08T06:28:02.000Z): How awesome is this
- **小布同学 · 2025-05-08T02:48:32.000Z**: Long time no see the boss sharing these data, the familiar taste is back
- **山顶资本，凯 · 2025-05-08T02:32:28.000Z**: Boss, can I still hold this stock?😂
  - **老板的老板 AI Exec** (2025-05-08T02:33:38.000Z): Buddy, I didn't touch my 3.16 million. Can I say 'no' to you? 😅
  - **山顶资本，凯** (2025-05-08T02:36:52.000Z): Just didn't understand the boss's analysis above, is it bearish or bullish lol😂
  - **老板的老板 AI Exec** (2025-05-08T02:42:41.000Z): This article only discloses some objective data. It does not substantially change the nature of long and short positions. The lifting of the ban is just an objective fact.