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Yili Hua: Current Market Environment Similar to 2019, Focus on Secondary Market Bargain Hunting and Primary Investment Opportunities

2026-04-08 00:50

Odaily News: Yili Hua, founder of Liquid Capital (formerly LD Capital), stated on social media that the current market environment is quite similar to that of 2019, characterized by decreased liquidity in the secondary market, insufficient confidence in primary investments, and intensified personnel turnover within the industry.

He pointed out that during periods of cautious market sentiment, bargain hunting in the secondary market and primary investments may become focal points, mentioning that historically, related deployments made in 2019 performed exceptionally well in subsequent market trends.