(Yicai Global) Oct. 24 -- More than 300 listed Chinese companies had released their third quarter financials by Oct. 23, giving insight into where Qualified Foreign Institutional Investors (QFIIs) are putting their money.

As well as shares in chemical and pharmaceutical firms, QFIIs are uncharacteristically buying into a large amount of technology and media stock, according to data from financial information provider Wind.

The Kuwaiti government investment bureau ranked fourth among third-quarter investors in Beijing Jingxi Culture & Tourism Co. [SHE:000802], holding 6.4105 million shares and making up 0.88 percent of total share capital to appear among the company's top 10 shareholders for the first time in the past two years.

Beijing's culture and entertainment stock prices fell in the first half until the end of July. The unexpectedly high box office revenue generated by Wolf Warriors 2 saw the shares soar 38.27 percent within a week, but then quickly fell again. It is uncommon for QFIIs to buy media stocks, their short-term volatility tends not to attract attention from foreign investors.

QFIIs also upped their holdings in fintech company Focus Technology Co. [SHE:002315] in October. Since the third quarter of last year, Samsung Asset Management Co. has been on and off the list of top 10 shareholders at Focus. It reappeared in the list this year with 1.3326 million shares, making up 0.57 percent of all share capital.

Qualified foreign investors let go of shares in Wanhua Chemical Group Co. [SHA:600309], iFlytek Co. [SHE:002230], Zhejiang Supor Co. [SHE:002032] and other blue chip companies.