Quantitative private equity aggressively targets niche sectors, and competition in product lines is becoming intense

Recently, from Moore Threads to MetaX, the offline allocation list frequently features top quantitative institutions such as Huansquare, Jiukun, and Yanfu. The IPOs of these two domestic GPU leading companies have sparked a rush for investment from quantitative private equity. Not limited to stock IPOs, a layout around the "double innovation" field has quietly begun, with several quantitative private equity firms accelerating the launch of products focused on science and technology innovation, double innovation, and AI, attempting to capture excess returns in a more volatile and active market. At the same time, some quantitative private equity firms are also laying out stable products such as dividend strategies. The differences in layout directions do not imply divergent investment views, but rather are a breakthrough move in an intensely competitive environment. (China Securities Journal)