In the second quarter, heavy position increase, the operating map of northbound funds emerges.

Recently, after the latest stock holding data of the Shanghai-Hong Kong Stock Connect was released, the holding trends of northbound funds in the second quarter of 2025 have emerged. According to statistics, excluding incomparable data, by the end of the second quarter, northbound funds held a total of 2,655 A-share companies, with a total holding of 122.812 billion shares, an increase of 3.18% compared to the end of the first quarter; the market value of the holdings was 2.28 trillion yuan, an increase of 2.23% compared to the previous quarter.