Is Jincheng's private placement true or false

Fake. All the people who give you information to follow are liars, and the real private placement refers to private equity funds. As the name implies, private equity funds correspond to "public offering". Public Offering of Fund is a common open-end or closed-end fund in our life. In the face of public offering, the domestic starting point is generally 1 ,000 yuan or 1 ,000 yuan. Private placement belongs to "rich people" funds, and the starting point for entry is relatively high. The starting point in China is generally 500,000, 1 10,000 or even higher, and the number of fund holders is generally no more than 200. Large private placements are often raised through trust companies, and it is difficult for ordinary investors to join. Private equity institutions that always hide behind the scenes are undoubtedly the most dazzling stars in the investment and wealth management market, and their investment performance is generally higher than that of funds. In contrast, it is simply not worth mentioning that funds and brokers collect wealth management.

As one of the most sensitive capital groups in the market, private hot money has great appeal in the market. Precision, profiteering and mystery are synonymous with private placement. Although private placement is mysterious, formal private placement is a company approved by the CSRC. Its operation mode is similar to that of public offering funds, and the fund manager is also responsible for the operation. Investors mainly profit from dividends. Therefore, it can be judged that the so-called Jincheng private placement called you is not a private placement at all, but a liar company.