Headline Stock Changes Hands, Public Offering Continues to Explore AI Opportunities

The fourth quarter report of public funds for the year 2025 was released on January 22nd. The latest top ten heavy-weighted stocks of public funds are Zhongji Xuchuang, Xinyi Sheng, Ningde Times, Tencent Holdings, Zijin Mining, Alibaba-W, Hualu, Luxshare Precision, Guizhou Maotai, and Dongshan Precision. Compared to the end of the third quarter of 2025, Hualu and Dongshan Precision have entered the top ten heavy-weighted stocks of public funds, while Industrial Fulian and SMIC have exited the top ten heavy-weighted stocks. Zhongji Xuchuang has become the stock with the most increase in market value in the fourth quarter of 2025, with an increase in market value of 22.602 billion yuan. In addition, Zhongji Xuchuang has been the stock with the most increase in market value for three consecutive quarters. Besides technology stocks, stocks in the non-ferrous, chemical, and electrical equipment sectors have also received significant increases from fund managers.