QFII Appears in Top-10 Shareholders of 1,727 A-Share Firms, Holdings Reach RMB340.55 Billion
As of the end of Q2 2026, foreign investors via QFII appeared among the top-10 circulating shareholders of 1,727 A-share companies, holding 14.75 billion shares worth RMB340.55 billion, a sharp rise from the prior quarter. Shengyi Technology led with a market value of RMB51.16 billion, while CATL saw new QFII buying. Machinery, electronics, and chemicals were key sectors.
As of the end of the second quarter of 2026, foreign capital via the QFII channel appeared on the top-10 circulating shareholder lists of 1,727 A-share listed companies, holding a combined 14.75 billion shares with a total market value of RMB340.55 billion. Both the number of shares held and the market value rose sharply compared with the end of the first quarter. By industry, QFII focused on machinery and equipment, electronics, basic chemicals, power equipment, and automobiles, holding 233, 188, 152, 148, and 107 stocks in these sectors, respectively.
Among heavy holdings, Shengyi Technology ranked first with a period-end market value of RMB51.16 billion, an increase of RMB34.62 billion from the end of the first quarter, mainly driven by share price gains. Holdings in Bank of Ningbo, Bank of Nanjing, and Bank of Shanghai remained unchanged. UBS Group newly acquired 27.37 million shares of CATL, with a period-end market value of RMB10.76 billion, making it the largest new holding. CATL's interim report showed revenue of approximately RMB276.92 billion, up 54.8% year on year, and net profit attributable to shareholders of approximately RMB43.28 billion, up 41.98%.
Among newly acquired stocks, Sieyuan Electric, a UHV concept stock, saw four QFIIs take new positions with a combined market value of RMB5.68 billion. Weichai Power received new holdings from Citigroup Global Markets and BNP Paribas, totaling RMB2.81 billion. Other new holdings with market values exceeding RMB2 billion included GigaDevice Semiconductor and Xuguang Electronics.
At an A-share seminar held on September 1, UBS Global Research's Asia-Pacific head, Lian Peikun, said the Chinese market should no longer be viewed merely as an "optional" component of global asset allocation but as an important part. As China advances its self-reliance in science and technology during the 15th Five-Year Plan period, the importance of China's AI supply chain in global technology investment portfolios is expected to rise further.