The first S fund of Hainan Free Trade Port landed in Sanya on May 13. Hainan Zhizhen Equity Investment Fund Partnership (Limited Partnership), the first S fund of Hainan Free Trade Port, landed in Sanya Central Business District and completed the filing of China Fund Industry Association. The establishment of the S fund marks a zero breakthrough for private equity secondary investment funds in the fund industry of Hainan Free Trade Port. S fund is a private equity secondary investment fund, which is the fastest growing form of fund investment in China in recent years, with an average annual growth rate of more than 50%, but there is still a five-fold gap compared with the international average, and there is huge room for future development. (Hainan Daily)