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四年一度的欧洲杯于7月初落幕,你可能欣赏于西班牙华丽的地面进攻,也可能佩服于意大利的严密防守,亦或是感叹德意志的坚韧作风。当然,也正是不同的风格,才碰撞出了绿茵场上最激烈的火花。将视野转移到我国股市,情况就不同了。近三年来,A股市场没有欧洲杯那样精彩,股指经历了几轮反弹未果而又回落的走势后,最终下跌超过20%,整体呈现弱市格局。然而,部分私募基金在此背景下仍然给予正回报,究其取得超额收益的过程,可谓是“八仙过海,
The quadrennial European Cup ended in early July and you may appreciate Spain’s gorgeous ground attack or Italy’s tight defense or the tough German style. Of course, it is also a different style, it collided with the most intense sparks on the pitch. The shift in horizons to the stock market in our country is different. In the past three years, the A-share market has not been as exciting as the European Cup. After several rounds of unsuccessful but declining trend, the stock market finally fell more than 20%, showing the overall weak market pattern. However, some private equity funds still give positive returns in this context. The process of obtaining excess returns can be described as ”