Private equity's confidence index in A shares has risen in alignment with their positions.

Despite recent market fluctuations, the confidence and intention of private equity investors to increase positions remain undiminished. Data from the Private Equity Ranking Network shows that in February 2026, the Papi.com China Hedge Fund Manager A-Share Confidence Index was 125.5, a slight increase from January. As of the end of January, the average position of subjective long positions in equity hedge funds had risen to 79%. In the view of industry insiders, the maintenance of low risk-free rates of return, the continued entry of incremental capital, and the confirmation of the inflection point of corporate fundamentals in the process of economic recovery will all serve as important support for the structural market trends this year.