Its all my responsibility! Private fund manager apologizes.

Recently, an apology letter from a private fund manager has been circulating within the industry. The reporter learned through interviews that Quan Long, fund manager at Shanghai Saluzi Private Fund Management Co., Ltd., released a letter this week titled "Saluzi 550 Investment Communication Letter," in which he candidly admitted: "The loss this time is indeed too large. I failed to anticipate this round of liquidity crisis and the movements in technology stocks. It is entirely my responsibility, and I am sorry to everyone." It is not only Saluzi Private Fund; last week, equity strategies came under widespread pressure. Data from the Howbuy Fund Research Center shows that the performance index of equity strategy private funds retreated 4.45% in a single week, and funds heavily positioned in the AI direction saw even larger drawdowns. However, in the view of industry insiders, short-term fluctuations stem more from disturbances in market sentiment. With support from fundamentals, the market is expected to regain structural opportunities, and oversold targets in the technology sector are gradually showing better cost-effectiveness.