The performance of billion-level private placements in the first half of this year has been released. According to the data of ptp.cn, a total of 47 out of 118 private placements with AUM over ¥10 billion achieved positive returns in the first half of this year, with a proportion of over 40%. Due to the adjustment of the ChiNext Index, the average yield of quantitative strategies is significantly lower than that of subjective bullish strategies.
Specifically, the mean profit of the 79 billion-level private placements with performance records in the first half of this year was 0.40%. 32 institutions achieved floating profits, accounting for 40.51%. Among them, 21 billion-level private placements had floating profits exceeding 5%, and 9 institutions had floating profits exceeding 10%, with the highest floating profit of nearly 50%.
On the list of champions and runners-up, the performance champion of billion-level private placements is Dongfang Harbor, a fund managed by Dan Bin, with a yield of 47.92%; the runner-up is Hainan Xiwa, a fund managed by Liang Hong, with a yield of 29.48%.
Dongfang Harbor won the first prize in the first half of this year, mainly because of its investment in American stocks. Dan Bin has publicly stated many times in the past year that he is heavily invested in the AI sector of American stocks.
Nvidia's stock price rose as high as 242% last year, and its rise was as high as 150% in the first half of this year. In June, it once again rose to the top of the global market cap.
Dan Bin revealed in June at the China Golden Yangtze Summit on Private Investment Funds Development that his position in Nvidia has now reached 45%-50%, because it has risen a lot and he has not sold any shares, and he will continue to buy more if he has money.
Dan Bin said: People who made big money in Tencent have now unanimously bought Nvidia and Bitcoin in the era of AI investment. The most difficult thing in investment is to align knowledge with action. Most people will miss an era. In 2034 and 2044, the first company with a market cap of $10 trillion in human history may appear, and this $10 trillion market cap company is most likely to be one of these American technology giants.
Under the fund managed by Liang Hong, which achieved a yield of 29.48% in the first half of this year, it won the runner-up of billion-level private placements. The market speculates that it mainly invests in Hong Kong stocks with high dividend yields.
Liang Hong said that many high-yielding stocks in Hong Kong are still cheap, and dividend yields are still attractive. Liang Hong once revealed that he likes oil and gas stocks, saying not to envy the instability of high-tech industries in other countries. We have coal, oil, and electricity, which are no worse than Apple, Microsoft, and Nvidia. Moreover, we can also distribute dividends. When the stock price rises, we can earn more shares by reinvesting dividends if the price falls.
Liang Hong judged that the long-term trend of oil prices is upward, and the short-term price is difficult to judge. Judging from the average annual price, 70 is the bottom. The middle is around 80 (Saudi Arabia's fiscal equilibrium position, US reserve position), and it is possible to go up to anywhere.