According to market news, HHLR Management Limited, a subsidiary of Hillhouse Capital Group, has completed the fundraising of a secondary market investment fund with a size of approximately 6 billion yuan, increasing the proportion of Chinese asset allocation and continuing to invest in the A-share market. As an independent US dollar secondary market investment management platform under Hillhouse, HHLR was registered and established in Singapore in 2007 and obtained QFII qualification approved by the China Securities Regulatory Commission in 2012. Public information shows that HHLR's historical holdings in the A-share market include well-known listed companies such as CATL, Zijin Mining, Gree Electric Appliances, and Wanhua Chemical. In addition, HHLR also has a substantial position in Chinese concept stocks in the US stock market. According to data from the US Securities and Exchange Commission (SEC), as of the end of the fourth quarter of 2023, the market value of Chinese concept stocks held by HHLR in the US stock market accounted for more than 70%, dominating the market. Market observers believe that Hillhouse's increased investment in the A-share market not only reflects its continued commitment to investing in China but also helps to boost market activity and investor confidence.