Core Insights - The A-share market has seen a significant rebound in July, leading to increased investor confidence and a peak in private equity securities product registrations [1][6] - A total of 1,298 private equity securities products were registered in July, marking an 18% month-on-month increase and the highest level in nearly 27 months [1] - Year-to-date, 6,759 private equity securities products have been registered, reflecting a year-on-year increase of 61.39% [1] Strategy Breakdown - Stock strategies dominate the registration landscape, with 887 products registered in July, accounting for 68.34% of total registrations and a month-on-month growth of 24.58% [1][3] - Multi-asset strategies have become the second-largest category, with 162 products registered in July, representing 12.48% of total registrations and a month-on-month increase of 5.88% [1][3] - Futures and derivatives strategies have also gained traction, with 125 products registered in July, making up 9.63% of total registrations and a stable month-on-month growth of 1.63% [1][3] Quantitative Products - Quantitative private equity products saw a substantial increase, with 620 products registered in July, accounting for 47.77% of total registrations and a month-on-month growth of 19% [3][5] - Stock strategies are the primary focus within quantitative products, with 478 stock strategy products registered in July, representing 77.1% of total quantitative registrations and a month-on-month increase of 26.79% [4][5] - Among stock quantitative products, index-enhanced products are predominant, with 321 registered in July, accounting for 67.15% of stock quantitative products and a remarkable month-on-month growth of 52.13% [4][5] Market Dynamics - The positive performance of the A-share market, with the Shanghai Composite Index surpassing the 3,600-point mark, has significantly boosted investor enthusiasm and confidence [6] - The private equity sector is experiencing an influx of funds, driven by the superior performance of quantitative strategy products, which are attracting strong asset allocation demand [6] - Continuous optimization in the supply side of the private equity industry, with the emergence of leading institutions and quality products, is enhancing overall competitiveness and improving market perception [6]

记者从私募排排网获悉，7月共有1298只私募证券产品完成备案，环比增幅18.00%，创27个月以来新 高，同时年内备案私募证券产品达6759只，同比增幅61.39%。具体来看，7月备案股票策略产品887 只，占到当月备案产品总量近七成，同时较上月环比增长24.58%，增幅和占比均在五大策略中居首。 相比之下，求稳的债券策略和组合基金投资者关注相对较低，7月分别备案组合基金和债券策略产品48 只和46只，依次占到当月备案产品总量的3.70%和3.54%。 （文章来源：贝壳财经） ...

Group 1 - The average return of 12,843 private equity securities products as of the end of May is 4.34%, with 9,608 products achieving positive returns, representing 74.81% [1] - Stock strategy private equity products lead the performance this year, with an average return of 4.81% from 8,487 products, and 6,238 products achieving positive returns, accounting for 73.50% [1] - Multi-asset strategy products follow closely, with an average return of 4.14% from 1,439 products, and 1,075 products achieving positive returns, representing 74.70% [1] Group 2 - Futures and derivatives strategy products have an average return of 3.19% from 1,339 products, while combination funds have an average return of 3.09% from 473 products, indicating similar performance [2] - Combination funds show a higher stability with 86.68% of products achieving positive returns compared to futures and derivatives strategies [2] - Bond strategy products have the lowest performance this year, with an average return of 2.42% from 1,105 products, and 959 products achieving positive returns, representing 86.79% [2] Group 3 - Quantitative strategies have strengthened due to the small-cap growth style, with an average return of 8.46% from 1,480 quantitative long equity products, and 1,282 products achieving positive returns, accounting for 86.62% [2] - Subjective long equity strategy products have an average return of 3.98%, which is less than half of the quantitative long equity strategies [2] - Market neutral strategies have an average return of 5.00% from 726 products, outperforming subjective long strategies [3]

Group 1 - Private equity funds in the A-share market have performed well despite ongoing market fluctuations, with an average return of 2.52% as of April 30, 2023, and 69.82% of products achieving positive returns [1] - Multi-asset strategy products have led the market with an average return of 2.87%, surpassing the overall market average, and 70.84% of these products reported positive returns [1] - Stock strategy products also showed strong performance, with an average return of 2.56% and 67.89% of products achieving positive returns, driven by a recovery in the A-share market in April [1] Group 2 - Bond strategy products lagged behind with an average return of 1.87%, but 83.44% of these products still achieved positive returns [2] - Combination funds reported an average return of 2.10%, with 81.02% of products achieving positive returns [2] - Market analysts suggest that ongoing macroeconomic events, such as the US-China tariff negotiations, will continue to create investment opportunities, emphasizing the importance of sector-specific research and stock selection [2] Group 3 - The recent monetary policy easing, including interest rate cuts, is viewed as a short-term positive factor for the market, but long-term effects will depend on the actual economic performance [3] - Historical trends indicate that the impact of monetary policy changes on the market can vary, with initial reactions often leading to volatility before potential reversals occur [3]