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Is cornerstone investment primary or secondary?
Cornerstone investment is secondary.

In the secondary market, cornerstone capital continues the practice of the primary market-following investment funds.

Cornerstone assets point out that the primary market and the secondary market have different foundations and logics, and there are also many similarities and close connections. The primary market is more a financing market, and the investment targets are more entrepreneurial enterprises and emerging industries. As a larger financing market, the secondary market has stronger trading and price discovery capabilities. In addition, there are some differences in investor structure, investment target and investment style between the primary market and the secondary market.