CSRC: As of January 2026, the record filing for the establishment of private equity management scale reached 837.07 billion yuan, a year-on-year increase of 66.23%.

Data from the Private Fund Management Product Filing of the Securities Association of China shows that in January 2026, securities and futures firms filed a total of 2,065 private fund management products, a decrease of 10.49% from the previous month and an increase of 129.19% compared to the same period last year. The total established size was 837.07 billion yuan, an increase of 2.17% from the previous month and an increase of 66.23% compared to the same period last year. As of the end of January 2026, the total size of private fund management products of securities and futures firms reached 12.37 trillion yuan, an increase of 730.51 billion yuan from the end of the previous month, with a month-on-month growth of 0.59%. As of the end of January 2026, securities firms and their asset management subsidiaries had an average managed private fund management product size of 609.51 billion yuan, with a median size of 222.36 billion yuan; securities firm private fund subsidiaries had an average managed private fund size of 87.23 billion yuan, with a median size of 22.18 billion yuan; fund management companies had an average managed private fund management product size of 348.01 billion yuan, with a median size of 103.91 billion yuan; fund subsidiaries had an average managed private fund management product size of 148.94 billion yuan, with a median size of 27.51 billion yuan; futures firms and their asset management subsidiaries had an average managed private fund management product size of 40.52 billion yuan, with a median size of 3.35 billion yuan.