Listed companies have gradually disclosed their semi-annual reports, and the investment map of global sovereign wealth funds in A-shares has been exposed.

date
29/08/2025
With the disclosure of the half-year reports of listed companies coming to an end, the A-share holdings of global sovereign wealth funds are emerging. The latest data shows that well-known sovereign wealth funds such as Abu Dhabi Investment Authority, Kuwait Investment Authority, and Singapore Government Investment Corporation have appeared in the top ten list of circulating shareholders of multiple A-share companies. Industry insiders believe that as the Chinese economy rebounds and technological capabilities improve, international capital is reassessing the investment value of the Chinese market. For example, as of the end of the second quarter of this year, the Abu Dhabi Investment Authority held 19 A-shares, with a total of 376 million shares and a market value of 8 billion RMB, both significantly higher than the end of the first quarter of this year. Among them, the Abu Dhabi Investment Authority holds more than 10 million shares in Zijin Mining, Baofeng Energy, Tonghua Dongbao, Hongfa Stock, and Shengyi Technology. In the second quarter of this year, the Abu Dhabi Investment Authority entered the top ten list of circulating shareholders of Longi Tech, Sunway Communication, Hongfa Holdings, Yangnong Chemical, and 9 other stocks. The Kuwait Investment Authority holds 8 A-shares, with a total of 1 billion shares and a market value of 1.98 billion RMB. Among them, the Kuwait Investment Authority holds 32.6761 million shares of Xinji Energy, 32.1051 million shares of Oriental Yuhong, and 11.0082 million shares of Juxing Technology. In the second quarter of this year, the Kuwait Investment Authority entered the top ten list of circulating shareholders of Juxing Technology and Kunyu Group. According to disclosed data, the Singapore Government Investment Corporation currently holds two A-share stocks, Pacu Electronics and Huaming Equipment, with holdings of 4.2831 million shares and 9.8257 million shares, respectively. It is worth noting that Huaming Equipment exceeded the 24% warning line in August this year.