The Asset Management Association of China (AMAC) said private fund assets under
management reached 23.66 trillion yuan at end-June, up from 23.53 trillion in
May and a fresh record. Private securities investment funds exceeded 8 trillion
yuan for the first time. By jurisdiction, Shanghai-led private management
totaled about 6.5046 trillion yuan, the largest nationwide. This marks the ninth
consecutive monthly record high since October 2025.