In July, the number of registered private securities funds reached a new monthly high for the year.

According to data from Private Placement Network, in July, a total of 762 securities private fund managers completed the registration of new products, with a total of 1,763 products registered, marking a 20.26% increase compared to the 1,466 products in June, setting a new monthly record for the year. Looking at the longer term, as of the end of July, the total number of registered private securities funds in the entire market this year has reached 9,759, an increase of 43.85% compared to 6,784 in the same period last year.