Public Offering Top Holdings for the Second Quarter Released: Ningde, Maotai, and Tencent remain the top three holdings, with China Merchants Bank and Ping An Insurance ranking fourth and fifth.

Public offering second quarter disclosed heavy stock holdings. Data from Choice shows that the top three heavy stock holdings at the end of the second quarter by public offerings remained consistent month-on-month, with Ningde Times, Guizhou Maotai, and Tencent Holdings ranking respectively. The three major heavy stock holdings all saw reductions, with holdings values falling to 142.7 billion yuan, 126.5 billion yuan, and 102 billion yuan respectively. The holdings of China Merchants Bank and China Ping An increased, ranking fourth and fifth respectively in the heavy stock holdings. The top 5 stocks with the most increased holdings by public offerings in the second quarter are distributed in fields such as innovative medicines and banks, with Minsheng Bank having the largest increase in holdings with 583 million shares; Xugong Machinery had the most reduced holdings, with 388 million shares reduced, and Bank of China also reduced holdings by 370 million shares in the second quarter.