Short-term fluctuations create a "hitting zone", with top private equity funds buying on dips and "waiting for the flowers to bloom".

In the market volatility, top private equity funds did not adopt a single defensive strategy. According to a recent interview, in the rapid adjustment process of the technology sector since July, some institutions have positioned themselves with high-quality growth assets at low points, while others have increased resilience in their portfolios by reducing positions in high-level sectors and increasing allocations to low-level directions. As of July 22nd, 24 private equity funds have issued announcements of self-purchase, with a total amount of nearly 1.4 billion yuan. Many private equity professionals have stated that the long-term development trend of the technology industry has not changed, and after this round of adjustment to "separate the fake from the real", structural opportunities are emerging, with high-quality assets supported by industry trends and performance realization capabilities entering a "hitting zone".