The latest data show that 10 billion private placement has substantially increased its positions against the trend.

As of September 18, the overall position index of private equity was 77.53%, down 0.07 percentage points from the previous month and exceeding 70% for 28 consecutive weeks, according to data from the master of private placement. Among them, 57.88% of the private equity positions accounted for 57.88% of the private equity positions, 28.58% of the private equity positions ranged from 5% to 80%, and only 13.53% of the private equity positions were less than 50%.

In terms of scaleThe 10 billion private placement position index was 80.44%, a sharp increase of 1.06 percentage points from the previous month. Among them, 60.28% of the private equity positions are more than 80%, and only 4.5% of the private equity positions are less than 50%.

Stock private placement position index:

10 billion private placement position index:

How can I get there in the future?

On this issue, just now, a number of public offerings expressed their latest views.

Morgan Stanley Huaxin Fund Research Management DepartmentOn the whole, the recent domestic economic recovery has been carried out in an orderly manner, the overseas epidemic is still not under control, and some excellent domestic enterprises are expected to increase their global market share. Due to the changeable external environment since the beginning of this year, in the short term, near the National Day holiday, the risk aversion sentiment of funds has increased significantly, and the volatility of the market has intensified.National Day is an important node to observe the recovery of consumption. During the National Day, the consumption of spirits, home appliances, housing and tax-free industries will have a profound impact on the trend of the plate after the National Day.

Look forward to the futureLiu Ankun, fund manager of financing reverse strategyIt is believed that in the medium term, investors might as well increase the allocation of pro-cyclical assets to balance the portfolio, and the pro-cyclical opportunities are generally divided into prosperous equipment manufacturing categories (such as industrial control, cars, home appliances). Total and low-valued bank insurance, chemical industry, hotel aviation benefiting from the recovery of the epidemic (potential catalysis is smooth vaccine research and development). At the same time, you might as well start to pay attention to the three quarterly reports of listed companies, and the market may react in advance to the industries with good performance in the three quarterly reports, such as construction machinery, heavy trucks, automotive vehicles and spare parts, shipping, mid-stream equipment and other sectors. in addition to being in a pro-cyclical period, the performance of the three quarterly reports has also continued to improve.