[The key interest rate negotiation time window is approaching, and private equity offenses and defenses have different priorities] September 16th, the global stock market has continued to fluctuate recently, and A-shares have also repeatedly seen shrinkage. Investors' attention to this week's Federal Reserve interest rate meeting in September has increased significantly, and the wait-and-see atmosphere has intensified. Regarding this interest rate meeting that has attracted much market attention and its potential impact, a number of first-tier equity private equity institutions said that the Federal Reserve's interest rate meeting may have a significant impact on overseas markets that have continued to fluctuate in the near future, and affect the short-term operating rhythm of A-shares. Many private equity investors interviewed believe that the Fed's interest rate hike itself has been fully expected, and the real variable lies in the wording and pace of subsequent policy paths. Between short-term disturbances and mid-term direction, front-line institutions are focusing on "controlling retracements and looking at profits" to launch a layout that is both offensive and defensive. (China Securities Journal)