Authorities in multiple regions are currently promoting securities firms in their jurisdiction to apply for qualifications for fund investment advisory business.

According to journalists, many local securities regulatory bureaus are actively promoting qualified brokerages in their jurisdictions to apply for fund advisory qualifications. Previously, the China Securities Association had issued a document clearly encouraging more brokerages to apply for fund advisory business qualifications. It is worth noting that the regulatory signal of support for fund advisory business is continuously strengthening. The China Securities Regulatory Commission has included the "Administrative Measures for Securities Fund Investment Advisory Business" in the list of projects that need to be studied and promulgated in a timely manner. In June, the Chairman of the CSRC, Wu Qing, explicitly stated that efforts should be accelerated to promote the transformation of buyer-side advisory services, and announced at the 2026 Lujiazui Forum the encouragement of licensed foreign institutions to participate in the pilot expansion of fund advisory business. Industry insiders point out that this concentrated regulatory push for qualification applications is an important intermediate step before the pilot fund advisory program transitions to regular operations. In August of last year, fund advisory services were officially included in the categorization evaluation criteria for brokerages. As the countdown to the transition from pilot to regular operations approaches, the expansion of qualification applications aims to guide more brokerages in advance to lay out fund advisory business strategies.