How We Invest

Mingshi emphasizes controlling risk rather than pursuing high return when it comes to the trade-off between risk and return.
The firm's Strategy Department has a dedicated Risk Management Group, which holds regular meetings with the Data Group, Trading Group and Strategy Group after the close of each day's trading session to analyse the day's profit and loss and the day's trading exposures, report any abnormal market conditions, strategy performance exceeding normal indicators for backtesting and trading anomalies, and is responsible for monitoring risk on the entire process of the investment business and making recommendations to address potential risk issues. The firm establishes quantitative indicators for various changes in the market and compares them with historical intervals to determine that all strategies are operating in an environment and within parameters that are historically manageable.