Prefer financial stocks, public funds institutions keep steady performance in the first half of the year.

On August 31, 2025, the semi-annual report of the fund was disclosed. According to the statistical data of Tianxiang Investment Advisory, in the first half of this year, Guotai Haitong became the stock with the highest net purchase amount by public mutual funds. At the same time, individual stocks such as Lanqi Technology, Industrial Bank, Oriental Fortune, and SF Holdings were also heavily bought by public mutual funds; stocks such as BYD, CATL, Guizhou Maotai, and Wuliangye were sold off in large quantities. Among the top ten stocks with the highest net purchase amount by public mutual funds in the first half of the year, there were multiple financial stocks such as Guotai Haitong and Industrial Bank. In addition, the amount of net purchase by public mutual funds in Shanghai Rural Commercial Bank, Yunnan Rural Commercial Bank, Nanjing Bank, and Tonghua Shun exceeded 2 billion yuan. Regarding the situation of public mutual funds heavily buying financial stocks in the first half of the year, Li Xiaoxing and Zhang Ping, fund managers at YinHua Fund, stated that the operation of banks remains stable, with sufficient risk reserves, gradually improving asset quality, continually enhancing the ability to resist risks, and ensuring the stability of profits.