The booming Chinese stock market and the quick recovery of the domestic economy have propelled qualified foreign institutional investors (QFII) to book overweight positions in A shares.

Overseas institutions held 338 million shares in 60 listed firms worth 36.6 billion yuan at the end of the first half, according to figures from financial information provider Wind Info.

Belgian Fortis Bank SA/NV bought 9.93 million shares in Jiangsu-based engine manufacturer Jianghuai Engine Co in the second quarter, boosting its total holdings in the company to 22.15 million or 2.62 percent of the total tradable shares. Read more…