
Ningde Times Surpasses Kweichow Moutai as Largest Holding in Public Funds
The recent disclosure of the 2024 fourth-quarter reports has brought about a significant shift in the top ten heavyweight stocks held by public funds in China. For the first time, Ningde Times (also known as CATL), a leading manufacturer of lithium-ion batteries, has surpassed Kweichow Moutai, a renowned liquor producer, to become the largest holding in the portfolios of these funds. This change is prompting investors and analysts to reevaluate their investment strategies and expectations for the future.

















