Northbound Capital's shareholding for the second quarter of 2026 has been announced. Compared with the previous period, the market value of shares held has increased dramatically. Overall, as of the end of the second quarter of 2026, the total number of shares held by Northbound Capital exceeded 107.8 billion shares, an increase of more than 4 billion shares over the previous month. According to the closing price at the end of the second quarter, the market value of shares held by Northbound Capital exceeded 3 trillion yuan, reaching 3.13 trillion yuan. The market value of shares held reached a quarterly high since the opening of the interconnection mechanism. The sharp increase in the market value of shares held by Northbound Capital is not only related to the increase in the number of shares held, but is also closely linked to the rise in the share price of Land Stock Exchange. Looking at individual companies, as of the end of the second quarter of 2026, 16 companies had received northbound capital holding more than 30 billion yuan in market value. Among the top 10 companies with market capitalization, there were as many as 7 companies in the hard technology industry; the top 3 were covered by hardware technology for the first time, namely Ningde Times, Zhongji Xuchuang, and North China Chuang. In contrast, the market value of shares held by large consumer companies declined markedly. Kweichow Moutai and Midea Group were once the first and second-largest stocks with northbound capital. As of the end of the second quarter of 2026, the market value of their holdings declined month-on-month. Among them, the market value of Kweichow Moutai's shares fell by more than 25% month-on-month. In terms of shareholding ratio, as of the end of the second quarter of 2026, 23 companies had a shareholding ratio of more than 10%. Huazue Testing, Hongfa Co., Ltd., Siyuan Electric, Huichuan Technology, and Ningde Times ranked in the top 5. Among them, the top 2 companies had a shareholding ratio of more than 20%. It is worth mentioning that of the 23 companies with the highest shareholding ratio mentioned above, 17 had month-on-month increases in shareholding ratio, including Hengli Hydraulic, Yingliu Co., Ltd., Dongfang Yuhong, etc. Looking further, out of the more than 100 companies that received more than 2 percentage points of northbound capital and increased their positions over the previous month, 9 companies have disclosed their 2026 semi-annual report forecasts, and the results are all promising.

Northbound Capital's shareholding for the second quarter of 2026 has been announced. Compared with the previous period, the market value of shares held has increased dramatically. Overall, as of the end of the second quarter of 2026, the total number of shares held by Northbound Capital exceeded 107.8 billion shares, an increase of more than 4 billion shares over the previous month. According to the closing price at the end of the second quarter, the market value of shares held by Northbound Capital exceeded 3 trillion yuan, reaching 3.13 trillion yuan. The market value of shares held reached a quarterly high since the opening of the interconnection mechanism. The sharp increase in the market value of shares held by Northbound Capital is not only related to the increase in the number of shares held, but is also closely linked to the rise in the share price of Land Stock Exchange. Looking at individual companies, as of the end of the second quarter of 2026, 16 companies had received northbound capital holding more than 30 billion yuan in market value. Among the top 10 companies with market capitalization, there were as many as 7 companies in the hard technology industry; the top 3 were covered by hardware technology for the first time, namely Ningde Times, Zhongji Xuchuang, and North China Chuang. In contrast, the market value of shares held by large consumer companies declined markedly. Kweichow Moutai and Midea Group were once the first and second-largest stocks with northbound capital. As of the end of the second quarter of 2026, the market value of their holdings declined month-on-month. Among them, the market value of Kweichow Moutai's shares fell by more than 25% month-on-month. In terms of shareholding ratio, as of the end of the second quarter of 2026, 23 companies had a shareholding ratio of more than 10%. Huazue Testing, Hongfa Co., Ltd., Siyuan Electric, Huichuan Technology, and Ningde Times ranked in the top 5. Among them, the top 2 companies had a shareholding ratio of more than 20%. It is worth mentioning that of the 23 companies with the highest shareholding ratio mentioned above, 17 had month-on-month increases in shareholding ratio, including Hengli Hydraulic, Yingliu Co., Ltd., Dongfang Yuhong, etc. Looking further, out of the more than 100 companies that received more than 2 percentage points of northbound capital and increased their positions over the previous month, 9 companies have disclosed their 2026 semi-annual report forecasts, and the results are all promising.