Fund managers’ portfolio adjustment path exposed three major tracks as directions for increasing positions

On February 28th, since February 2025, dozens of A-share listed companies have disclosed their top ten circulating shareholders due to repurchase matters, and the latest stock adjustment trends of multiple public, private, and foreign institutions have been exposed. The artificial intelligence (AI) industry chain, pharmaceuticals, and consumer goods have become the preferred directions for institutions to increase their holdings. From the perspective of public funds, well-known fund managers such as Feng Mingyuan from Xinda Australia Asia Fund, Gulen from China Europe Fund, Fu Pengbo and Zhao Feng from Ruiyuan Fund, Xie Zhiyu and Qiao Qian from Xingzheng Global Fund, Dong Chen from Huatai Bairui Fund, Yang Dong from Fuguo Fund, Wan Minyuan from Rongtong Fund, Hu Yibin from Hua’an Fund, and Cheng Zhou from Guotai Fund have made significant adjustments to their holdings. (China Securities Journal)

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