《上海证券报》专访浩坤昇发资产基金经理：洞见先机 行稳致远

Core Viewpoint - Zhejiang Haokun Shengfa Asset has rapidly risen in the private equity circle, with its products frequently appearing on performance lists and achieving explosive growth in scale [1] Market Performance - The Shanghai Composite Index (SSE) has risen from 3040 points to 3600 points over the past three months, with a cumulative increase of over 18% [3] - On July 24, the SSE closed above 3600 points for the first time since January 2022, with a total trading volume of 1.84 trillion yuan [4] - The market has seen significant sector rotation, with high dividend stocks reaching new highs and technology stocks rising, contributing to sustained market enthusiasm [4][8] Institutional Investment Trends - Central Huijin has significantly increased its holdings in exchange-traded funds (ETFs), with a total increase exceeding 190 billion yuan by June 30, 2025 [5] - Insurance companies have been active in the capital market, with 21 instances of triggering shareholding increases in 2025 alone, surpassing the total for the previous year [5] - The influx of incremental funds from various institutions has been a major signal for the recent market uptrend [5] Investment Strategy - The company emphasizes a flexible investment strategy encapsulated in the phrase "insightful foresight, agile victory," focusing on practical results and adaptability [12] - The core principles include maintaining a high win rate and maximizing profit potential while minimizing losses through strict risk control [12] Investor Relations - The company has established a robust mechanism for aligning interests with investors, including significant internal purchases and regular dividend distributions [13] - Over the past year, the company has internally purchased over 25 million yuan of its products, with executives and employees investing over 50 million yuan [13] Risk Management - Compliance and risk control are fundamental to the company's operations, with a comprehensive internal control system in place [14] - The company avoids short-selling index futures to mitigate leverage risks and has set strict limits on individual stock holdings [14] - The maximum drawdown for most of the company's products is kept below 15%, demonstrating effective risk management [14]