Two A-shares see foreign shareholding exceed 24% on July 28

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Summary · why it matters

According to foreign investor shareholding data released by the Shenzhen and Shanghai stock exchanges, two stocks had foreign ownership above 24% on July 28. Information from the Hong Kong Stock Exchange shows that Shanghai Connect buy orders for Hongfa Technology were suspended on July 28, with the suspension effective from May 7, 2026. As of July 28, foreign investors held 419 million shares of Hongfa Technology, representing 27.057% of total shares, and 190 million shares of Sieyuan Electric, representing 24.4% of total shares.

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Sieyuan Electric Co Ltd
002028
± MixedCapitalrelevance

Foreign ownership reached 24.4%, approaching the threshold for trading restrictions, which could affect foreign investor demand but also reflects high foreign confidence.

Hongfa Technology Co Ltd
600885
± MixedCapitalrelevance

Foreign ownership exceeded 24%, triggering suspension of Shanghai Connect buy orders, which may limit further foreign buying but also signals strong foreign interest.