Chinese retail investors struggle to hold volatile positions during rapid style rotation in quantitative trading strategies

Chinese fund investors face severe emotional and financial stress during periods of rapid market style rotation, where their quantitative fund holdings experience significant volatility. Current multi-strategy quantitative funds fail to provide psychological comfort and stable returns during these transitions, causing investors to panic-sell at losses. Investors desperately need frameworks that help them psychologically 'hold on' (拿得住) through turbulent style-switching periods without abandoning their positions.