Over 78% of private equity funds have reached their highest level of holdings this year.

Data from Private Fund Ranking Network shows that as of September 12, the average position of private equity institutions in the entire stock market exceeded 78%, an increase of nearly 3 percentage points from September 5, reaching the highest level this year. Several billion-level private equity firms have recently revealed that their positions are maintained at medium-high levels, and they are adding high-quality assets in sectors such as technology and innovative drugs on dips. Industry insiders believe that with the strong rise of sectors like technology, there will be faster industry rotation and capital switching in the short term. However, in the long term, China's competitive advantage in key industries remains unchanged, the trend of economic recovery in China remains unchanged, and there is hope for the continued development of structural trends in A-shares and Hong Kong stocks.