1, the main capital refers to the capital that can affect the stock market and even control the short-term trend of the stock market. The main funds are generally controlled by large institutions, studying the macro-economic environment at home and abroad and the micro-environment of enterprises, and grasping the trends of national economic development policies and emerging economic development trends. If retail investors can track the main investment trends in the securities market, think carefully and act decisively, they can get a return on investment that exceeds the market public.

2, the main funds generally have the following categories:

(1) Securities investment fund: The form of investment fund appeared in the late 1980s and developed rapidly in the 1990s. At present, the scale of securities investment funds still shows a trend of sustained and rapid growth. Their healthy development is crucial to the development of financial markets.

(2) Brokerage: This part of the funds belongs to the nature of enterprises. After more than ten years of integrated development, the individual scale is large and has far-reaching influence, and has established extensive relations with all aspects of the market. Personal operation skills are excellent, research is sufficient, and operation performance is closely related to oneself. This is a semi-national team. The financial strength of securities firms has developed rapidly in the fierce capital increase and share expansion.

(3) Insurance funds: In the first half of this year, the data of insurance institutions investing in stocks (including equity) was 3.3179 billion yuan, which was close to the upper limit of 10% stipulated by the CIRC.

(4) Social security fund: the standard directly affiliated troops, accurately grasp the policy, often appear at critical historical moments.

(5) Private equity fund: Private equity fund is an important participant in the capital market. Private equity funds in China usually refer to institutional investors engaged in securities market investment and non-public offering.

(6) QFII: According to the data of the State Administration of Foreign Exchange, more than 70 QFII institutions have been approved at present, with an approval amount of about 654.38+0.5 billion US dollars. The upper limit of a single QFII investment quota is proposed to be raised to $6543.8 +0 billion yuan.

(7) Central Huijin Investment Co., Ltd.: referred to as Huijin Company for short, with a registered capital of 372.465 billion yuan and wholly state-owned, it is currently the largest financial investment company in China. In China stock market, Huijin's influence is unique.

3. According to the official types of investors, there are only two kinds of China stock market, one is that individual investors open accounts with ID cards, and the other is that institutional investors open accounts with business licenses. From this perspective, there are only two types of investors in China: individual investors and institutional investors. When analyzing the main funds, retail investors will always classify the main funds, such as large households, institutions, hot money and so on. And think that different main funds have different operation methods. But in fact, the main funds don't care about the title. There are only two kinds of main funds, one is institutional funds, and the other is large funds that will not profit from manipulating stock prices. The other is that a large amount of funds gain benefits by manipulating stock prices.