1.The latest news from well-known fund managers

Lu Yushan investigates the ice wheel environment

On May 29, the ice wheel environment was investigated by the agency, and Lu Yushan of the Southern Foundation appeared. According to data for the past six months, Lu Yushan holds the shares in the Southern Core Competition Blend, Southern Value Choice Blend, Southern Comparative Advantage Blend, Southern Xinyue 15-month Blend, Southern Junyu Hybrid, Southern Reform Opportunity, and Southern Junxuan.

Feng Mingyuan investigates Huada in Shaanxi

On May 29, Shaanxi Huada was investigated by the agency, and Feng Mingyuan of Cinda Australia and Asia Foundation appeared. According to data for the past six months, Feng Mingyuan is in fund management and has yet to hold this stock.

Ge Weidong invests in semiconductor companies

According to enterprise investigation information, Gejiangzhe (Shanghai) Semiconductor Co., Ltd. recently completed Series A financing, and Ge Weidong's Chaos Investment has newly appeared on the list of investors. GejianGaoZhi is a chip design company focusing on consumer industrial-grade real-time microcontrollers (MCU/DSP). The company mainly provides overall MCU/DSP solutions for digital energy, industrial digitalization, and high-end consumer fields.

Ge Weidong personally invested in this chip design company two years ago. According to a corporate investigation, at the end of September 2022, Ge Weidong's own name appeared in the well-known shareholder list. Since then, through continuous capital increases, up to now, Ge Weidong and Chaos Investment have a total shareholding share of 24.94%, of which individuals account for 23.53%, and Chaos Investment accounts for about 1.41%.

Up to now, including this competitive investment, Chaos Investment has invested more than 30 times in the primary market, covering 26 companies. Its layout covers high-tech directions such as chip semiconductors, commercial aerospace, and innovative pharmaceuticals. Investment targets include Xinxin Technology, Microchip, Huizhiwei, Haiguang Information, Galaxy Aerospace, Ocean and Pharmaceuticals.

In the secondary market, Ge Weidong is also optimistic about the high-tech sector. By the end of the first quarter of 2024, Ge Weidong and his family held a total of 18 companies, with a total market value of 11.462 billion yuan. Companies with a market value of over 500 million yuan include iFLYTEK, Haiguang Information, GigaYi Innovation, Megmeet, Suotong Development, China Airlines Xifei, and Jingjiawei.

Huanghai's fund opens large subscription

On May 29, Wanjia Fund announced that with effect from May 29, restrictions on single or multiple large-scale subscription applications (including transfers and regular fixed investment) applications with a cumulative total amount of 1 million yuan or more in a single day from Wanjia Macro's time-selective multi-strategy fund account will be lifted.

II. Today's Fund News Fast Facts

QDII's annual performance list shuffled

After major fluctuations in core stocks, the QDII performance list for the year was reshuffled. According to the data, as of May 29, the three QDII funds with heavy US stocks overtook the Hong Kong stock QDII, ranking in the top three in terms of performance, with the highest annual return of 27.07%.

Over 70% Index Enhancement Fund Receives Excess Profit

According to Wind statistics, as of May 28, there were 276 index-enhancing funds in the entire market, of which 201 outperformed the performance comparison benchmark this year. In other words, over 70% of index-enhanced funds have reaped excess returns. There are 4 indicators that the excess income of additional funds exceeded 10 percentage points, including Chuangjin Hexin Beijing Stock Exchange 50 Component Index Enhancement A, Bank of China Securities China Securities 1000 Index Enhancement A, eFangda Shanghai and Shenzhen 300 Selection Enhancement A, and China Merchants China Securities 2000 Index Enhancement A. With broad-based indices such as the China Securities 1000 and the China Securities 500 falling, index growth funds that track these indices rose against the market, and their earnings during the year were positive.

Public REITs intensive dividends

According to the data, public REITs have been intensively paying dividends since this year, and the dividend amount for 31 products has exceeded 3.178 billion yuan. Specifically, the highest dividend for a single fund reached 488 million yuan, and many REITs have already paid dividends twice during the year.

Donghai Fund 4.7026% equity auction results released

According to the latest auction results, Changzhou Communications Construction Investment and Development Co., Ltd. sold 4.7026% of Donghai Fund's shares for 785.1 million yuan, while the remaining 22.6027% of the shares were auctioned off. According to reports, the above matters will not have a significant impact on the daily operations of the Donghai Fund. If matters requiring disclosure are involved, the Donghai Fund will promptly disclose them.

FAWGroup enters private placement

According to the official website of the China Securities Investment Fund Industry Association, Hongqi Private Equity Fund Management (Jilin) Co., Ltd. completed registration on May 27. The types of institutions are private equity and venture capital fund managers. The business types include private equity investment funds, private equity investment FOF funds, venture capital funds, and venture capital FOF funds.

Hongqi Private Equity Fund was established on November 30, 2018 with a registered capital of 81.5 million yuan. The actual controller is FAW Equity Investment (Tianjin) Co., Ltd., which is a wholly-owned subsidiary of China First Automobile Group Co., Ltd., and Hongqi is a high-end automobile brand directly operated by FAW in China.

Goldman Sachs: The amount of money to be invested in the global private equity market has reached a historic peak

Goldman Sachs Group announced on May 29 that the company's alternative investment West Street Loan Partners V (Loan Partners V) has completed the final fundraising, with a fundraising scale of US$13.1 billion. According to Goldman Sachs, this fundraising comes at a time when major opportunities are emerging in the field of priority direct loans. The agency analyzed that currently the amount of money to be invested in the global private equity market has reached a historical peak, funds need to return capital to investors, and market mergers and acquisitions activities are expected to accelerate.

III. Recent developments in fund products