2025 Fund Semi-Annual Report Insight: Pharmaceuticals, Banks, and Electronics are the main focus for increasing positions. Shu Tai Shen Fund has the highest growth in stock holdings.

In recent days, the disclosure of the mid-year report of public funds in 2025 has ended. In terms of industry allocation, the market value of funds holdings in sectors such as pharmaceuticals and biotechnology, banks, and electronics has increased significantly in the first half of this year, while sectors such as power equipment, food and beverage, and coal have experienced significant declines. As of the end of the reporting period, electronics, pharmaceuticals and biotechnology, and power equipment remain the top three industries in terms of fund holdings. In terms of individual stocks, Shu Taishen, Ang Li Kang, and Weichai Heavy Machinery took the top three spots in terms of the ratio of fund holdings to the market value of circulating shares, while in terms of the increase in fund holdings market value, Guotai Haitong, Shenghong Technology, and Zijin Mining are leading. In terms of fund holding concentration, Nocheng Jianhua, Maolai Optics, and Decolite rank in the top three in terms of the ratio of fund holdings to circulating shares, while Ningde Times, Guizhou Maotai, and China Merchants Bank rank in the top three in terms of fund holdings market value.