On August 5, according to the Daily Economic News, in July, the domestic quantitative private equity industry did not have a good time. According to the latest data from the Private Equity Ranking Network, products owned by a number of quantitative agencies experienced a large and deep decline in July. The revenue of some products changed from positive to negative during the year, with a monthly decline of more than 20%. Specifically, as of July 31, 2026, of the 9 Magic Square quantitative products exhibited by Liang Wenfeng, with the exception of the nine Magic Square China Securities 500 Quantified Multiple Strategy 2, which still had a weak positive annual return of 0.04%, the remaining 8 products had already lost revenue during the year. Among them, the net worth of the Magic Square Quantitative Xinhuai 500 Index has declined by 3.84% since the beginning of the 7th phase of Special Project No. 19. What is even more interesting is the monthly performance. The nine products under Magic Square all fell by more than 20% in July. The biggest pullback came from Magic Square China Securities 500 Quantitative Enterprise No. 1, and the monthly net value fell 22.15%. Tamsuiquan Investment believes that AI investment will gradually move from the “first half” of focusing on computing power infrastructure to the “second half” of “smart equality” — that is, whether the cost of using intelligence can continue to decline, thus unlocking application scenarios in various industries. In this process, supply chain companies that can provide more efficient and cost-effective solutions for leading model companies and large cloud vendors will have a chance to win. Netizens, what do you think?

On August 5, according to the Daily Economic News, in July, the domestic quantitative private equity industry did not have a good time. According to the latest data from the Private Equity Ranking Network, products owned by a number of quantitative agencies experienced a large and deep decline in July. The revenue of some products changed from positive to negative during the year, with a monthly decline of more than 20%. Specifically, as of July 31, 2026, of the 9 Magic Square quantitative products exhibited by Liang Wenfeng, with the exception of the nine Magic Square China Securities 500 Quantified Multiple Strategy 2, which still had a weak positive annual return of 0.04%, the remaining 8 products had already lost revenue during the year. Among them, the net worth of the Magic Square Quantitative Xinhuai 500 Index has declined by 3.84% since the beginning of the 7th phase of Special Project No. 19. What is even more interesting is the monthly performance. The nine products under Magic Square all fell by more than 20% in July. The biggest pullback came from Magic Square China Securities 500 Quantitative Enterprise No. 1, and the monthly net value fell 22.15%. Tamsuiquan Investment believes that AI investment will gradually move from the “first half” of focusing on computing power infrastructure to the “second half” of “smart equality” — that is, whether the cost of using intelligence can continue to decline, thus unlocking application scenarios in various industries. In this process, supply chain companies that can provide more efficient and cost-effective solutions for leading model companies and large cloud vendors will have a chance to win. Netizens, what do you think?