Since the third quarter, top foreign institutions have continued to focus on the A-share market, especially showing strong interest in the semiconductor sector. Well-known institutions such as Temasek, Sequoia Capital, BlackRock, Goldman Sachs, and Morgan Stanley have frequently appeared in the research lists of many semiconductor listed companies. Companies like Montage Technology, Espressif Systems, and Semiconductors Shanghai have become the key focus of foreign institutions. Temasek, Goldman Sachs, and other institutions have conducted intensive research on Montage Technology, focusing on understanding its strategic layout in the era of artificial intelligence; while Espressif Systems has attracted research from multiple institutions including BlackRock, Schroders, and Nomura Investment, focusing on the sustainability of the company's performance; Semiconductors Shanghai has attracted in-depth exchanges from many foreign institutions due to its advantageous technology in the cleaning equipment field. (Brokerage China)