Goldman Sachs, Morgan Stanley Make QFII New Entries into Small-Cap Hard-Tech and Manufacturing in Q3 2026
In the third quarter of 2026, QFII accounts of Goldman Sachs, Morgan Stanley, JPMorgan, UBS and Barclays made concentrated new entries into small- and mid-cap hard-tech and high-end manufacturing companies. Goldman Sachs entered Daheng Technology, Jinzhi Technology, Haochen Software, Hongfuhan, Langkun Technology and Changrun Shares, while Goldman Sachs International appeared in Panda Dairy, Zhongheng Group and others. Multiple institutions co-entered several names: Morgan Stanley, UBS and Goldman Sachs took positions in Daheng Technology; UBS, Barclays and Goldman Sachs in Changrun Shares; and JPMorgan, UBS and Goldman Sachs International in Tonghe Technology. The moves highlight foreign institutional interest in niche industrial and tech firms.
Since the third quarter of 2026, QFII accounts of international institutions including Goldman Sachs, Morgan Stanley, JPMorgan, UBS and Barclays have clearly clustered in small- and mid-cap hard-tech and high-end manufacturing sectors. Based on disclosed announcements, Goldman Sachs made new entries in the third quarter into the top ten circulating shareholders of several companies, including Daheng Technology (machine vision), Jinzhi Technology (smart grid), Haochen Software (industrial software), Hongfuhan (consumer electronics), Langkun Technology (biomass power generation) and Changrun Shares (automotive maintenance equipment). Goldman Sachs International appeared on the lists of Panda Dairy, Zhongheng Group, Lotus Holdings, Runjian Shares, Sanyou Lianzhong, Fenglong Shares and Ningbo Yunsheng.
Multiple institutions have concentrated on the shareholder lists of a batch of small- and mid-cap companies. Morgan Stanley, UBS and Goldman Sachs simultaneously made new entries into the top ten circulating shareholders of Daheng Technology; UBS, Barclays and Goldman Sachs entered Changrun Shares; JPMorgan, UBS and Goldman Sachs International entered Tonghe Technology; Morgan Stanley, Barclays and Goldman Sachs entered Weiwan Sealing; and Morgan Stanley, JPMorgan and UBS entered Keanda.