Yifangda Fund's latest holdings exposure by Zhang Kun

According to Zhongzheng Jinniu, on July 21st, E Fund Fund released its second quarter report for its funds. The largest fund managed by Zhang Kun, E Fund Blue Chip Select, had a relatively stable stock position in the second quarter and made adjustments to the structure of industries such as consumer goods and technology. On the individual stock level, they still hold high-quality companies with outstanding business models, clear industry structure, and strong competitiveness. He mentioned that the combination of undervaluation and substantial shareholder returns protection is very attractive for long-term investors. Specifically, as of the end of the second quarter, the top ten overweight stocks in E Fund Blue Chip Select were Tencent Holdings, Wuliangye, Luzhou Laojiao, Kweichow Moutai, Shanxi Fenjiu, Alibaba-W, JD Health, Yum China, CNOOC, and SF Holdings. Compared to the end of the first quarter, JD Health and SF Holdings entered the top ten overweight stocks, while Yanghe shares and Meituan-W exited the top ten overweight stocks.