Established in Shanghai with a long-term commitment to research, disciplined execution, and responsible risk management.
Shanghai · Secondary markets · Since 2013
Investing begins with understanding.
We study industries and companies, make selective investments in public markets, and keep risk control close to every decision.
Research FrameworkBF / 13
Insight + DisciplineFundamentals guided by systematic analysis
Established 2013Independent investment company
ShanghaiBased in Pudong
Public marketsResearch, investment and systems
About Bi-fund
A deliberate way of working.
Shanghai Bi-fund Investment Corporation focuses primarily on opportunities in secondary markets. Our work starts with industry and company research, moves through investment judgment and portfolio construction, and continues with close attention to downside risk.
More recently, we have been building quantitative tools alongside that fundamental process. Multi-factor research and automated execution give us another way to test ideas, reduce repetition, and review decisions with greater consistency.
01
Research before action
We seek to understand businesses, industries, and market structure before capital is committed.
02
Process over prediction
Consistent decision frameworks help us respond rationally when markets are uncertain or volatile.
03
Risk is part of every decision
Position sizing, portfolio construction, and ongoing monitoring are integrated into the investment process.
What we do
Research, capital and technology—kept close together.
Our work spans fundamental research, client-focused asset management, proprietary investment, and the development of systematic investment technology.
Industry Research & Investment Insights
Industry mapping, company analysis, valuation work, and thematic research designed to turn complex information into clear investment questions.
Asset Management
Research-led portfolio and asset-management services for eligible high-net-worth and corporate clients, with an emphasis on alignment, transparency, and risk control.
Proprietary Investment
Investment and trading activities using the company’s own capital, supported by fundamental analysis, defined risk limits, and continuous portfolio review.
Quantitative & Automated Trading
Ongoing research into multi-factor models, systematic strategy testing, automated execution, and technology-enabled risk monitoring.
Investment approach
Value at the core. Trend as context.
Fundamental research anchors our decisions. Valuation tells us what may be worth owning; market structure and price behavior help us think about timing, position management, and changing conditions.
01→
Frame the opportunity
Define the industry, market structure, and source of potential value.
02→
Research the fundamentals
Assess business quality, financial strength, valuation, and key uncertainties.
03→
Test the thesis
Challenge assumptions with scenarios, contrary evidence, and factor signals.
04→
Construct with discipline
Translate conviction into position sizing, entry logic, and risk limits.
05→
Monitor and adapt
Track thesis changes, market behavior, exposure, and downside conditions.
Quantitative research
Systematic where it helps.
Our quantitative work brings together multi-factor analysis, strategy testing, automated execution, and ongoing risk monitoring.
The purpose is practical: make repeatable work more consistent, make execution more efficient, and make it easier to learn from earlier decisions. It supports judgment rather than replacing it.
Multi-factor
research
Valuation
Quality
Momentum
Risk
Liquidity
Sentiment
research
Research & insights
Work that starts with a question, not a forecast.
Our research is organized around three recurring questions: what makes a business durable, how an industry is changing, and which measurable signals can improve portfolio decisions.
Business quality and valuation
Understanding competitive position, cash generation, balance-sheet resilience, and the expectations embedded in market prices.
Structural change and opportunity
Following supply chains, policy, technology, and demand patterns to identify how industry economics may evolve.
Factors, trends, and execution
Testing repeatable signals and implementation rules across market environments while accounting for risk and trading frictions.
Member access
A private channel for clients and members.
Existing members may request access. Prospective individual and corporate clients can submit a short application for review.
Contact
Start a conversation.
For corporate enquiries, research collaboration, or membership information, contact our Shanghai office.
Telephone+86 135 0160 9996
Emailmto0883@sina.com
Address12/F, Huishang Building
1286 Minsheng Road, Pudong
Shanghai, China
1286 Minsheng Road, Pudong
Shanghai, China
Shanghai officeMinsheng Road · Pudong