How do we understand the private placement of stocks? Perhaps for everyone, private placement of stocks is a key point that needs special attention. Therefore, Bian Xiao specially sorted out what private equity is for everyone, hoping to help everyone to some extent.
What does stock private placement do?
Private equity is also called private equity. The formal name is Private Equity Investment Fund, which is a fund issued by trust companies, filed by regulatory agencies, managed by third-party banks, regularly releasing performance reports and investing in the stock market.
For small and medium-sized science and technology enterprises, private placement of shares is not only an important financing method, but also has a direct or indirect positive impact on other financing environments. Private equity can promote the rational structural adjustment of enterprise system. Promote commercial banks to be more willing to lend. Increased the possibility of corporate bond issuance. Provide basic conditions for the development of venture capital.
On the Importance and Advantages of Private Equity Investment
risk control
When selecting stocks, private fund managers will conduct comprehensive research and tracking, have relatively independent and in-depth judgment and understanding of market trends, and control risks more flexibly and quickly. At the same time, private equity funds can also adopt different risk control strategies, such as strategic hedging and portfolio diversification, to reduce investment risks.
Professional management
Privately-placed stocks are generally managed by professional fund managers, who have rich industry experience, enough to grasp market information, find and screen stocks with fundamental advantages and growth value in various market environments, or participate in more advanced financial product investment to help investors increase their income.
Criteria for selecting private equity investment projects
Need to consider the management level of the project company to be invested.
A good management team is a necessary condition for the development of an enterprise. Without a good management team, no matter how good the project is, it is difficult to succeed. When evaluating the level of the management team, we can also look at the company's system norms, workflow, and the information they provide to PE investors (such as business plans) to find clues.
Need to consider the exit mechanism.
Generally speaking, listing on GEM or SME board is the best way to exit private equity investment. Therefore, when choosing a project, we should consider whether its development can meet the requirements of listing in 3-5 years. Of course, when considering this issue, it is necessary to have a certain understanding and evaluation of the regulatory policy trend of the CSRC.
Seize the stocks with continuous daily limit.
In the mid-line stock picking skills, if you want to make a medium-long line layout, you must look at the current market situation. You can refer to the annual line (250 antennas) and semi-annual line (120 antennas) of the market index. If the trend is above the annual line and the semi-annual line, it means that it is not a bear market at present. In the face of national policies, investors should not be lucky enough to grab the rebound or choose to buy people, but should wait and see to clear their positions. If the stock market rises sharply, it is necessary to follow the trend and hold shares in the medium term.
Mid-line stock selection should be comprehensively analyzed from six aspects: K-line shape, technical index, relative price, company fundamentals, market trend and stock theme. We should give up some stocks with high P/E ratio and prices much higher than their intrinsic values.
As for how to seize the stocks with continuous daily limit? The initial share price rose by more than 6%; Must be "heavy"; The greater the increase, the stronger the trend and the more favorable it is. Among the key conditions of daily limit, the opening price is 2-3 points higher and the opening price is not more than 2 points lower. The decline process cannot be heavy, and the heavy volume is suspected of shipping; The closing price is near yesterday's closing price, so it is best not to form a gap.
What are the overseas funds?
With the development of internationalization, more and more investors have the need to allocate overseas assets. Today, Bian Xiao will introduce overseas funds to you. Overseas funds are as diverse as domestic investment funds. At present, domestic channels can be divided into three types:
1. QDII funds launched by major domestic banks can be invested, most of which are selected global stocks, with growth accounting for the majority and high risks. There are also index funds to consider, but most of them have been established for a short time;
2. You can register overseas securities accounts, such as Internet brokers such as First FirstTrade and InteractiveBrokers, and account management is very convenient;
3. You can indirectly invest in overseas funds by purchasing Sunshine Private Equity Fund which invests overseas. The purchase method is the same as that of domestic fund products, and it is also divided into two modes: full investment and fixed investment. In addition, as far as the rate is concerned, the subscription fee for purchasing overseas funds will be more expensive than that of domestic funds, but the management fee is not much different from that of domestic funds. Generally speaking, equity funds are higher, while bond funds and monetary funds are lower. Considering the liquidity, it depends on whether investors will keep their funds overseas or at home after redemption. If they stay overseas, there is little difference between liquidity and domestic funds. However, if they repatriate their funds after redemption, the speed will be slower because it involves foreign currency exchange.