South Korea's QFI has acquired Changxin Technology.

Data from SEIBro, a subsidiary of the Korea Securities Depository (KSD), shows that as of August 18, the A-share stock with the highest buying volume from South Korean investors over the past month is an unnamed security. South Korean investors made a net purchase of $45.322233 million (equivalent to approximately 307.53 million yuan) of the stock during that period. Over the past three months, the security still tops the ranking of A-shares with the highest net purchases by South Korean investors. South Korean securities firms, acting as Qualified Foreign Investors (QFIs), are required to submit settlement instructions to KSD when trading securities. ISIN codes are mandatory for such submissions, so relevant South Korean securities firms have opted to use a temporary virtual code for the time being, with the security's name displayed based on this virtual ISIN. A search of SEIBro reveals that as of July 28, Changxin Technology had appeared on the list of stocks with the highest net purchases by South Korean investors in the preceding week. However, as of July 27, Changxin Technology was not among the top 50 A-shares by net purchases from South Korean investors in the prior week (it is also possible that South Korean investors had already bought the stock, but Changxin Technology failed to enter the top 50 A-share net purchase ranking). This suggests that by July 28 at the latest — the second trading day after Changxin Technology's listing — South Korean investors had already begun buying the stock. (China Fund News)