On September 29, 2023, during the Mid-Autumn Festival, a piece of bad news came unexpectedly: the famous private equity fund boss Guan Shanxiang died suddenly at the age of only 38.

According to insiders, Guan Shanxiang did not die of natural causes, but committed suicide.

Why did he go to a dead end on a night when the flowers were full and the moon was full? Perhaps the arrest of Xu Jiayin, revealed the day before, was the straw that broke the camel's back.

After Xu Jiayin was arrested, a value investor with a heavy position in real estate stocks committed suicide! Guan Shanxiang is only 38 years old this year. He has been heavily invested in real estate stocks all year round and believes in value investing.

Reason for suicide: Guan Shanxiang’s private equity positions were all in Sunac, Vanke, Poly, and Ping An. In the past, when Sunac continued to decline, he felt that the lower the price, the cheaper he would get, so he kept adjusting positions to buy bottoms. Yesterday morning Evergrande suspended trading and Xu Jiayin was arrested, which should be the last straw for him. Guan Shanxiang, who only has a high school education, also edited the book "Legendary Investment". Guan Shanxiang's private equity fell by 60%. He previously said that investment is a long-term career and he wants to live to be 120 years old, so he pays great attention to diet, exercise, sleep, air and water quality. On a full-moon night with beautiful flowers, bad news is approaching.