But Bin: As the scale of quantification grows larger, a collapse would be a destruction-level event for wealth.

Gelonghui March 8 | Dongfang Harbor Chairman Dan Bin recently stated in an interview that the size of quantitative funds is growing larger and that a collapse would be catastrophic for wealth. He pointed out that currently, the number of private equity funds exceeding 10 billion yuan has surpassed 110, with most new entrants being quantitative funds. These funds are growing in size and focusing on small stocks with concentrated holdings. However, Bin said he is unsure whether a collapse is possible, but if it happens, it would deal a devastating blow to overall wealth.