Foreign capital increases holdings in China, and the Norwegian central bank becomes the fifth largest shareholder of domestic insurance company ZhongAn Online.
Foreign funds are continuing to "increase their positions" in China. Recently, the Hong Kong Stock Exchange disclosed data showing that NorgesBank increased its holdings of ZhongAn Online by 1.3481 million shares, with an average price per share of 17.7718 yuan, involving 239.58 million Hong Kong dollars. Its shareholding ratio of H-shares increased to 5.07%, and its shareholding ratio in the total share capital rose to 4.92%. After the increase in holdings, the Norwegian central bank will also become the fifth largest shareholder of ZhongAn Online. Since the beginning of the year, Chinese assets have become increasingly attractive to foreign funds. According to data released by the State Administration of Foreign Exchange, foreign funds have increased their net holdings of domestic stocks and funds by 10.1 billion US dollars in the first half of 2025, reversing the previous trend of net divestment. Several foreign financial institutions such as Citigroup, Goldman Sachs, and Morgan Stanley have also successively raised their ratings on Chinese stocks.
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