On December 15, Liu Kun, Party Secretary and Chairman of the Social Security Foundation, presided over a party group meeting to convey the spirit of studying the Central Economic Work Conference and studying implementation work. The conference proposed giving full play to the role of long-term capital and patient capital, actively serving the country's development needs, and better supporting the deep integration of scientific and technological innovation and industrial innovation. In terms of asset allocation, as of the end of the third quarter of this year, the market value of technology stocks heavily held by social security funds at the end of the period exceeded 46.9 billion yuan, a record high for the same period. Compared with the end of the third quarter of last year, a sharp increase of nearly 61%, and an increase of more than 18 times over the same period in 2011, demonstrating the social security fund's support for technology stocks. It is worth noting that the Social Security Fund has also held heavy positions in some technology stocks for a long time. According to the data, the Social Security Fund continuously held 6 stocks including Zhongnan Media, Zhongyuan Media, Phoenix Media, Yilian Network, Sanhuan Group, and Communication Holdings for 24 quarters. Among them, the market value of individual stocks such as Chuanyin Holdings and Yilian Network all exceeded 1 billion yuan at the end of the period. In addition to the 6 individual stocks mentioned above, there are also 11 technology stocks that have been heavily held by the Social Security Fund for more than three years. Among them, the market value of shares held by Peng Ding Holdings at the end of the period exceeded 3.2 billion yuan. Overall, there are two main types of technology stocks that social security funds hold heavy positions for a long time: one is the leading target in the industry and has a high dividend ratio; the other is media stocks with high dividend rates.

On December 15, Liu Kun, Party Secretary and Chairman of the Social Security Foundation, presided over a party group meeting to convey the spirit of studying the Central Economic Work Conference and studying implementation work. The conference proposed giving full play to the role of long-term capital and patient capital, actively serving the country's development needs, and better supporting the deep integration of scientific and technological innovation and industrial innovation. In terms of asset allocation, as of the end of the third quarter of this year, the market value of technology stocks heavily held by social security funds at the end of the period exceeded 46.9 billion yuan, a record high for the same period. Compared with the end of the third quarter of last year, a sharp increase of nearly 61%, and an increase of more than 18 times over the same period in 2011, demonstrating the social security fund's support for technology stocks. It is worth noting that the Social Security Fund has also held heavy positions in some technology stocks for a long time. According to the data, the Social Security Fund continuously held 6 stocks including Zhongnan Media, Zhongyuan Media, Phoenix Media, Yilian Network, Sanhuan Group, and Communication Holdings for 24 quarters. Among them, the market value of individual stocks such as Chuanyin Holdings and Yilian Network all exceeded 1 billion yuan at the end of the period. In addition to the 6 individual stocks mentioned above, there are also 11 technology stocks that have been heavily held by the Social Security Fund for more than three years. Among them, the market value of shares held by Peng Ding Holdings at the end of the period exceeded 3.2 billion yuan. Overall, there are two main types of technology stocks that social security funds hold heavy positions for a long time: one is the leading target in the industry and has a high dividend ratio; the other is media stocks with high dividend rates.