A-shares have continued to be adjusted since the third quarter, but QFII was able to reverse the market and make profits, showing strong stock selection ability and market sensitivity. According to the Securities Times, Wind statistics show that by the end of the third quarter, QFII held a total of 1309 A shares, with 752 individual stocks rising in the third quarter, accounting for 57.4%, with an average increase of 5.66%, outperforming the Shanghai Composite Index by 11.82 percentage points and outperforming the GEM index by 33.46 percentage points. Of these, 67 had an increase of more than 50%, and 25 had doubled. UBS Group's ability to select stocks was the strongest, and its holdings of 22 shares increased by more than 50% in the third quarter. Among them, the four individual stocks of Harbin Pharmaceutical Co., Ltd., Wanxiang Denong, Guofang Group, and Kode Education increased by more than 100%, while Baihua Pharmaceutical, Haizheng Raw Materials, Nanmo Biotech, and Huaci Co., Ltd. rose more than 50%. Goldman Sachs Group and Barclays Group each had 18 shares up more than 50% in the third quarter, 17 J.P. Morgan Chase, 15 Goldman Sachs International, 14 Morgan Stanley, and 11 CITIC Securities Asset Management Co., Ltd. - customer funds.

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