China Securities Investment Fund Association: By the end of December, the total net asset value of domestic public funds reached 37.71 trillion yuan.

The Asset Management Association of China released data, as of the end of December 2025, there were a total of 165 public fund management institutions in China, including 150 fund management companies and 15 asset management institutions with public offering qualifications. The total net asset value of public funds managed by these institutions is 37.71 trillion yuan.