Following the public fund, private placement also set off an upsurge of self purchase of its funds. In recent days, a number of 10 billion private equity funds have issued self purchase announcements, with a total scale of more than 1 billion yuan.
Magic square quantification announced a few days ago that out of its firm optimism about China’s economy and long-term confidence in the capital market, all employees and shareholders of magic square quantification will raise no less than 150 million yuan of their own funds within three trading days of the announcement, and magic square quantification will raise no less than 200 million yuan of the company’s own funds within 10 trading days, The above 350 million yuan will purchase all the company’s products and invest in equity assets in the A-share market. This is the private placement institution with the highest amount of self purchase announced by the government so far.
The 100 billion private placement of Jinglin assets also announced that based on the firm confidence of the company in the economic fundamentals and the long-term healthy and stable development of the capital market, Jinglin assets and relevant fund managers will apply for the company’s fund products within 30 trading days from now, with a total amount of not less than 100 million yuan and holding time of not less than 3 years. Jiukun investment also announced that it would use its own funds of 100 million yuan to purchase its stock optimization strategy, index enhancement strategy, stock long short strategy and other fund products. The subscription date is the latest fixed open day of fund products since the announcement date.
Incomplete statistics from private placement network show that recently, private placements including Hanhe capital, Jinglin assets, Jiukun investment, magic square quantification, Hefu investment, Yong’an Guofu, Lingjun investment and Linyuan investment have announced self purchase, with a total amount of 1.025 billion yuan.
Specifically, Lingjun investment and its shareholders increased capital by 150 million yuan to apply for Lingjun quantitative stock selection pilot strategy and other product lines; Jinglin asset plans to invest no less than 100 million yuan in self purchase, and Hanhe capital and Jiukun investment plan to invest 100 million yuan in self purchase; Yongan Guofu has invested 60 million yuan in self purchase and announced plans to add 40 million yuan; Hongshang assets plans to purchase more than 60 million yuan; The self purchase scale of forest park investment plan shall not be less than 50 million yuan; Hefu investment has purchased 40 million yuan and PanYao asset has purchased 25 million yuan. Most of the above private placement commitments will be held for at least three years.
At present, the number of top 10 billion private placements in China has reached 114. Although private placement actively self purchase to show its optimism about the market, in fact, private placement institutions have suffered a “black start” this year. According to the data from private placement paipai.com, there are 2262 10 billion private equity funds with net value updated since January 21 this year, with an average return of – 3.63% in January; Only 330 10 billion private equity funds achieved positive returns in January, with 85.4% of the 10 billion private equity funds losing money in January, and long equity private equity is the place with heavy losses.
According to the latest statistics, the net value of products of Hanhe capital, Jiukun investment and Hefu investment fell during the year; Nearly 80% of Yongan Guofu’s products had negative returns during the year, of which the net value of three products fell by more than 10%; The net value of 90% of the products of Linyuan investment fell during the year, of which the net value of 7 products fell by more than 10%; Lingjun investment, magic square quantification and Hongshang assets have one product with positive income.
