The new private-equity speculation board is limited to

Commercial News (reporter Triping) has always liked to hype small stocks of private equity funds to the gem of the participation of the market attention. When the Gem listing date is approaching, many institutions have participated in the Gem IPO, private placement is no exception.　　According to the latest statistics of private placement network, 82% private equity participation in the Gem IPO, but there are 89.47% private equity said will not immediately participate in gem Trading, 57.9% private equity October will continue to adjust the market. Before the holiday, the first batch of Gem IPO began online purchase, although private equity on the gem of the hype enthusiasm is not high, cautious treatment, but the new enthusiasm is still soaring, 82% of the private equity has participated in the gem of the IPO purchase.　　In regard to whether or not to open the Board that is involved in the hype, more than half of private equity that still need to observe one months, some private managers even said that will observe more than half a year after the consideration, but also private placement will not participate in the gem trading. To make this decision, private equity has its own point of view. "According to our investment philosophy and investment style, we do not intend to participate in the GEM transaction for the time being." Refer to the current motherboard market, after the IPO, the market speculation atmosphere is strong, many stocks listed on the first day of the price is very outrageous. We consider that the gem is relatively small circulation plate, the possibility of being fried after the listing will be greater, the risk of participation is too high.　　"Golden and investment director Deng Jijun said.　　Not only Deng Jijun has such a view, it is understood that many private equity managers (especially in the early stage of outstanding private equity) are not involved in the initial stage of the gem hype. In fact, from the point of view of investment products, GEM listed companies market value of small, it happens to be suitable for the operation of flexible private funds to invest.　　Still, most private-equity firms are wary of the risk of frying on the first day of the IPO. At the same time, the Private Placement Network Research center of 38 private equity managers of the survey results show that 15.79% of the private placement of the October market will continue to increase the national day market, bearish ratio accounted for 26.31%,57.9% private equity market will continue to consolidate.　　Therefore, most private placement strategy to continue to September, the choice of Light warehouse operation, there are some private choice of heavy warehouse or empty warehouse. In addition, in the past year after the market conversion, the private sector's own performance has also been seriously differentiated. Data show that the Shanghai and Shenzhen 300 index in the near 6-month increase of 20.24%, down 12%, in the private row net statistics 308 private-equity products, the survival period of more than 6 months of products for 187, the average return of 18.66%, the overall run to lose the market. During this period, excellent product benefits have been doubled, the operation of poor products has lost 12.44%, and the previous outstanding results of the new value series Monk ya products, has disappeared in the eyes of people.