A rumor about Alpha's hedging strategy bursting out of private equity positions spread widely in the market the day before. Rumor has it: “Today, private equity positions under the alpha hedging strategy have gone bankrupt. Futures indicate huge losses, too late to allocate capital or not enough cash positions. Some have had good luck with fixed income and can sell, while others have had problems with position management, and some of them are facing strong equilibrium.” According to this rumor, the reporter discovered after studying this from many sources in the industry that quantified neutral products have indeed experienced a large-scale retreat in recent days. However, the neutral strategy itself has no or very little exposure. In the case of rising shareholding, the overall retracement of the product is limited, and there will be no so-called “bursting out” of the product. However, the scale of high-leverage DMA products has been drastically reduced after the previous clean-up, and market risks are manageable. “Neutral products retraced almost 2 points on Thursday. This was still the case on Friday. This round of pullback added up to 5-6 points. Everyone in the industry should be about the same. The past two days were indeed quite intense, but they were still much better than in February of this year, when they were punching each other in the face. The stock is now rising, and the main pullback is due to changes in the base difference.” A quantitative private equity source said.

A rumor about Alpha's hedging strategy bursting out of private equity positions spread widely in the market the day before. Rumor has it: “Today, private equity positions under the alpha hedging strategy have gone bankrupt. Futures indicate huge losses, too late to allocate capital or not enough cash positions. Some have had good luck with fixed income and can sell, while others have had problems with position management, and some of them are facing strong equilibrium.” According to this rumor, the reporter discovered after studying this from many sources in the industry that quantified neutral products have indeed experienced a large-scale retreat in recent days. However, the neutral strategy itself has no or very little exposure. In the case of rising shareholding, the overall retracement of the product is limited, and there will be no so-called “bursting out” of the product. However, the scale of high-leverage DMA products has been drastically reduced after the previous clean-up, and market risks are manageable. “Neutral products retraced almost 2 points on Thursday. This was still the case on Friday. This round of pullback added up to 5-6 points. Everyone in the industry should be about the same. The past two days were indeed quite intense, but they were still much better than in February of this year, when they were punching each other in the face. The stock is now rising, and the main pullback is due to changes in the base difference.” A quantitative private equity source said.