A-share turnover exceeds 3 trillion yuan again, QFII increases its allocation in the second quarter.

On August 27th, the A-share market rose and then fell back, with most major indices falling, the Shanghai Composite Index and the Shenzhen Component Index both dropping by more than 1%. The trading volume surged to 3.20 trillion yuan, the second highest in history, exceeding 2 trillion yuan for the 11th consecutive trading day. Industry sectors generally declined, with over 4700 stocks falling in the entire A-share market. Listed companies are currently intensively disclosing their mid-year reports for 2025. According to the list of top ten circulating shareholders, QFII significantly increased their allocation in the A-share market in the second quarter. Wind data shows that as of August 27th when the China Securities Journal reporter was writing, 3290 A-share listed companies have disclosed their mid-year reports for 2025, with 663 companies having QFII in their top ten circulating shareholders list. Specifically, QFII became one of the top ten circulating shareholders of 374 new stocks in the second quarter; at the same time, their holdings in another 157 stocks increased compared to the end of the first quarter. In terms of industries, QFII's holdings in the electronics industry exceed 12 billion yuan, while their holdings in the non-ferrous metal industry exceed 5 billion yuan. Analysts suggest that in the current market environment, investors need to remain calm and rationally deal with market fluctuations. In terms of allocation, it is recommended to focus on industries with real profit realization or strong industrial trends.