Why do the main funds retreat in this place? Because their positions are too heavy. On the one hand, more than 50% of fund managers are optimistic about the market in September. On the other hand, the proportion of private placement with heavy positions as high as 74.8% is close to 75%. This is a common position of private placement, while the position of public offering is about 84.86%, close to 85%. The proportion of this position is more than 79% of 5178 points, The agency's new incremental funding is actually very limited. In other words, it's time for organizations to cut leeks, which is the season for them to cut leeks.
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