A few days ago, the CMS put into use the Comprehensive Service Platform for Prime Brokerage for one-stop high-end corporate services. The Platform includes not only greatly invested IT systems for PB business (consisting of the top-speed trading system with a processing time of less than 1ms and the top-speed quotation system that is placed locally by a stock exchange and provides deep and low latency quotations) and incubating platform of hedge funds that specially provides seed capital for excellent hedge funds, but also characteristic asset trusteeship and corporate operation outsourcing services that are leading the industry. In addition, the Platform can provide one-stop financial platform solutions for product design, tax optimization, securities margin trading, placement of securities, and sales promotion for customers.

Mr. Ren Sihong, Chairman of Shanghai Jinde Asset Management Ltd., one of the first batch of users of the Comprehensive Service Platform for Prime Brokerage, shared his opinions with other guests about “Application and Future Development Direction of Quantitative Investment Strategies in China Securities Market” and introduced the hedge fund Dejin No.1 under his management. The investment subject matters of Dejin No.1 are limited to A stocks with good fluidity and totally hedging stock index futures. From May 25, 2012 when Dejin No. 1 was put on line to November 29, 2013, Dejin No.1 has a net return on investment of 31% deducting all costs and expenses, a maximum accumulative retracement rate of 1.86%, and Sharpe Ratio of 3.20 compared with Shanghai and Shenzhen 300 Index of the same period, the relative return of Dejin No.1 reaches 38%. So, Dejin No.1 has an excellent performance in the hedge funds of the same type.

The purposes of setting up the Comprehensive Service Platform for Prime Brokerage by the CMS are to help excellent hedge funds such as Shanghai Jinde maximize their own investment management ability and support incubation of innovative hedge funds with its own funds energetically so as to promote sound and standardized development of hedge funds industry in China, and to provide investors with excellent hedge funds with stable return, help them achieve wealth appreciation, and realize win-win results.