Based on the semi-annual reports released by listed companies and the interim reports of public funds, the trajectory of institutional portfolio adjustments in the first half of the year has become increasingly clear: there has been a notable shift from a primary focus on the technology sector to a more in-depth exploration of areas such as energy, non-ferrous metals, and dividend-paying stocks. The revealed hidden heavyweight stocks (ranked 11th to 20th in holdings) within public funds underscore a growing emphasis on the strategy of 'performance reigns supreme, structure explored in depth.'

Among the hidden heavyweight stocks of the Ruiyuan Growth Value Mixed Fund are Lianxun Instruments, Cambrian, and others. Notably, Lianxun Instruments, Zhongwu Hi-Tech, and TFC Communication have been newly added to the portfolio. The Ruiyuan Balanced Value Three-Year Fund boasts holdings in stocks such as China Resources Mixc Lifestyle and YTO Express, with Shaanxi Coal Industry making a fresh appearance in the first half of the year. The Galaxy Innovation and Growth Fund has made partial adjustments to its semiconductor industry chain allocation, while maintaining a long-term optimistic stance on both the AI industry chain and the domestic semiconductor sector. Meanwhile, the Ping An Medical and Health Mixed Fund has further honed its focus on the innovative pharmaceutical sector.