What Are The Secret Investment Secrets Of Private Placement?

Stock market crash since June

The losses were heavy. Not only did the profits return to zero this year, but most of the investors lost their old books.

So how did these star private companies successfully avoid the stock market crash? Data show that by the end of August this year, in the private equity products of the stock strategy, the 3 phase of Zai Hei, headed by Xu Xiang, topped the list with a yield of 369.33%, and the 1 phase of Zai Hei ranked second at 345.73% yield.

This year's doubling of the stock strategy of private equity products, a total of 35, of which Xu Xiang accounted for 5, respectively, Ze Xi 3, Zai Hei 1, Zai Hei 4, Zai Hei 5 and Zai Hei 2, the yield is 369.33%, 345.73%, 198.06%, 182.31% and 182.31%, ranking first, 182.31%, Jun, Kun and Kun name.

Xu Xiang's Chai hee investment is a benchmark for Zhejiang's private sector, and the new Zhejiang private placement is also unwilling to be lonely.

Two years after the establishment of Zhejiang Xin Hou investment, although no index futures hedging, but now several products are all profitable, of which Xin Hou Dacheng 2 class B fund, this year's yield is still 52%; in April, at more than 4000 o'clock in the market, Xin thick No. 5, the yield is also more than 10%.

The ice sword investment, which has been established for less than 3 years, has a total of 10 private equity products, with a scale of about 2000000000 yuan. Public information shows that its 3 products, ice sword 2, ice sword 7 and ice sword 1, have gained more than 50% since this year. The yields of ice sword 6, ice sword 3, and ice sword 5 are all below and below the average.

Chongyang investment is

The old private placement, which currently controls more than 20 products, is a positive return this year.

Among them, the yield of Chongyang hedging 1 is more than 30%. In addition, the yield of 15 products of Alfa, the Chongyang A, the Chongyang and the Chongyang target, is over 20%.

Data show that as of the end of August, the 1452 private equity products that have been established for 8 months have risen 24.47% on average this year, and 1208 products have gained positive returns, accounting for 83.20%.

However, 112 products fell more than 10%, of which 46 products fell by over 20%, 27 products fell more than 30%, and 6 products fell more than 50%.

Chai hee investment, a legendary capital market, has always maintained a mysterious color. In recent years, it has been lucrative by taking part in private placement, overtaking rebounding, participating in restructuring and directly intervening in high handed pfer.

And this year, the reason for keeping high returns is that market participants may be an important reason for escaping smoothly. For example, the two quarter of the Hang Hang shares, Haiyuan machinery,

Golden ham and so on.

In the beginning of Chongyang investment, stock index futures were used for hedging and hedging risks. Stock selection was biased towards undervalued and conservative blue chips.

During the period of market adjustment, the advantage of hedging products' neutral strategy is obvious. On the one hand, stock spot is defensive, with a small decrease; on the other hand, stock index futures continue to fall, but they have rebounded through hedging performance.

Xin Hou investment has its own unique investment strategy.

Peng Shengming, director of investment, said that they mainly focus on the theme of private placement, and will also pay attention to topics such as ESOP and major shareholder holdings.

For example, if the share price falls below the issuance price, we will include the tracking range through our software system according to the length of the lifting time.

Then judge according to the value of the company.

If it is a heavily loaded stock, it will also visit the listed company in advance.

Some companies will observe for several years.

"In June, when the market reached more than 5000 points, on the one hand, the two tier market could not find the underlying stocks suitable for our investment strategy. On the other hand, the valuation of individual stocks was obviously high, so we substantially reduced the positions and reduced the positions to more than 10%.

In the subsequent two rounds of bounce, we added the two wave band appropriately.

The current position is controlled at around 30%. "

Peng Shengming said.

At present, they are gradually building the target stocks.

"Now that the hedging of stock index futures is limited, our position in the latest month has not been more than 30%, and the recent position is even lighter."

Ice sword investment and investment director Wang Zheming said.

If the next technical indicators are stable, they will focus on choosing stocks that are obviously undervalued or wrongly killed and diversify.