The presence of speculative capital has weakened, all because it cannot compete with quantitative trading? Industry insiders: Quantitative trading dominates the market's "micro-pricing power."

According to a report from the Daily Economic News, the activity of retail investors in the A-share market has significantly decreased recently, while at the same time, quantitative private equity institutions are continuously rising. By the end of February 2026, the number of billion-dollar quantitative private equity firms exceeded traditional subjective long private equity firms for the first time. Industry insiders believe that quantitative trading, with its speed advantage, discipline, and market coverage capabilities, is squeezing the survival space of traditional retail investors. Quantitative algorithms can accurately capture market sentiment, affecting market "micro-pricing power," leading ordinary retail investors and traditional subjective funds to be at a disadvantage in the game with quantitative investors. In the face of this trend, some subjective investors are adjusting their strategies to adapt to the challenges of the quantitative era.