2025年主观私募十强揭晓！远信、盛麒、禧悦等摘冠！复胜、国源信达、龙辉祥等居前！

Core Viewpoint - The article discusses the significant performance of various private equity firms in the A-share market during 2025, highlighting the influence of "hard technology" sectors such as AI, humanoid robots, computing power, non-ferrous metals, and commercial aerospace on market indices like the ChiNext Index and the Sci-Tech 50 Index, which saw substantial gains [3]. Group 1: Market Performance - The A-share market indices showed impressive growth in 2025, with the ChiNext Index rising by 49.57% and the Sci-Tech 50 Index also performing well [4]. - The average return for subjective private equity products reached 35.14%, significantly outperforming the CSI 300 Index [4]. - Notably, 49 private equity firms doubled their annual returns, and 193 firms achieved returns exceeding 50% [4]. Group 2: Private Equity Firms Performance - Among private equity firms with over 10 billion in assets, the top performers included Yuanxin Investment and Fusheng Asset, with the latter achieving a remarkable fundraising success early in the year [6][15]. - The newly established Guoyuan Xinda also made the list, indicating a strong outlook for 2026, with expectations of continued growth in stocks and gold [16]. - In the 50-100 billion category, Shengqi Asset topped the list, followed by Xishirun Investment, both focusing on stock strategies [17][22]. Group 3: Emerging Private Equity Firms - In the 20-50 billion category, Beijing Xiyue Private Equity and Qiantou Investment were the top two firms, both employing stock strategies [23][28]. - For firms in the 10-20 billion range, Fuyuan Capital led with impressive returns, emphasizing a focus on resource stocks and technology for 2026 [29][33]. - In the 5-10 billion category, Qiaogeli Capital and Shanghai Yixin ranked first and second, respectively, with a strong emphasis on stock strategies [34][38]. Group 4: Small Private Equity Firms - Among firms with less than 5 billion in assets, Longhuixiang Investment achieved the highest returns, showcasing the potential for smaller firms in the market [39][44].