Institutional "holding base" map exposure, multiple products receive large increase in holdings.

From the "" map of institutional investors, we can often glimpse the current favored layout direction of funds. According to the mid-term reports of multiple funds for 2025, Hong Kong ETFs, broad-based A-share ETFs, and technology ETFs have become the focus of institutional fund allocation, reflecting that institutions are leveraging these products to position themselves in the advantage race track in the ever-changing market environment. Data from Tianxiang Investment Consulting shows that as of the end of the first half of the year, Huatai Bairui Shanghai and Shenzhen 300 ETF is the equity fund with the highest holding by institutional investors, with a holding of 81.914 billion shares. The top ten holders include Central Huijin Asset Management Co., Ltd., Central Huijin Investment Co., Ltd., AIA Insurance, China Life Insurance, and Guotai Junan Securities. In addition, institutional investors hold 66.229 billion shares of E Fund Shanghai and Shenzhen 300 ETF, 52.727 billion shares of Rich Country CSI Hong Kong Internet ETF, and 52.287 billion shares of Huaxia Shanghai and Shenzhen 50ETF; institutional investors hold over 30 billion shares of E Fund Shanghai and Shenzhen 300ETF, China Construction Bank Shanghai and Shenzhen 300 ETF, and Jiashi Shanghai and Shenzhen 300 ETF.