Private placement market frequently shows positive signals, private placement industry scale returns to 20 trillion yuan.

Private placement market positive signals continue to be released. Recently, it was reported that a medium-sized quantitative private placement in Shanghai has launched a representative product, and all quotas have been filled up, with many employees unable to buy them. At the same time, many top private placements such as Ruijun Asset Management and Longqi Asset Management actively stopped accepting new subscriptions. The management scale of the private placement industry has returned to over 2 trillion yuan, to a certain extent reflecting the gradual recovery of the issuance market this year. In the view of industry insiders, with the manifestation of policy effects, structural opportunities in A-shares and Hong Kong stocks continue to evolve, and incremental funds are expected to enter the market at an accelerated pace. In terms of investment direction, technology stocks and new consumer companies with performance certainty are favored by top private placements.