On October 14, Shanghai and Shenzhen Stock Connect's shareholding data for the end of the third quarter of 2026 was released, and the trend of northbound capital for the third quarter also surfaced. According to the data, as of the end of the third quarter of 2026, Northbound Capital held a total of 3,531 shares, with a total holdings of 2.577 trillion yuan, down more than 550 billion yuan from 3.127 trillion yuan at the end of the second quarter, but basically the same as 2.572 trillion yuan at the end of the first quarter. Structurally, northbound capital increased allocations to the dividend and pharmaceutical sectors in the third quarter, and reduced allocations in the direction of AI and offshore chains. By industry, the market value of shares held by Northbound Capital in the banking sector rose sharply from the previous quarter to 67.336 billion yuan, an increase of 47% over the previous quarter. The increase ranked first among the 31 Shenwan industries. The overall banking sector index rose by more than 16% during the same period. Furthermore, the market value of northbound capital holdings in major financial and consumer sectors such as pharmaceuticals and biotechnology, non-bank finance, transportation, household appliances, food and beverages increased significantly.

On October 14, Shanghai and Shenzhen Stock Connect's shareholding data for the end of the third quarter of 2026 was released, and the trend of northbound capital for the third quarter also surfaced. According to the data, as of the end of the third quarter of 2026, Northbound Capital held a total of 3,531 shares, with a total holdings of 2.577 trillion yuan, down more than 550 billion yuan from 3.127 trillion yuan at the end of the second quarter, but basically the same as 2.572 trillion yuan at the end of the first quarter. Structurally, northbound capital increased allocations to the dividend and pharmaceutical sectors in the third quarter, and reduced allocations in the direction of AI and offshore chains. By industry, the market value of shares held by Northbound Capital in the banking sector rose sharply from the previous quarter to 67.336 billion yuan, an increase of 47% over the previous quarter. The increase ranked first among the 31 Shenwan industries. The overall banking sector index rose by more than 16% during the same period. Furthermore, the market value of northbound capital holdings in major financial and consumer sectors such as pharmaceuticals and biotechnology, non-bank finance, transportation, household appliances, food and beverages increased significantly.