Guolian Cash Tianli Money Plan Extended to January 2027, Set for Public Fund Conversion
The last securities-firm public-equivalent collective product, Guolian Cash Tianli Money Market Collective Asset Management Plan, will run until January 31, 2027, a six-month extension beyond its July 31, 2026 expiry. The plan held RMB 8.712 billion in net assets at end-June, invested mainly in interbank certificates of deposit and policy financial bonds. Guolian Securities Asset Management plans to transfer management to Guolian Fund and register the plan as a public fund, although the timing depends on ongoing business integration and remains uncertain.
Securities firms' public-equivalent large collective products are about to fully exit the stage. The only remaining such product in the market, the Guolian Cash Tianli Money Market Collective Asset Management Plan, decided to extend its duration to January 31, 2027, after its July 31, 2026 expiry. A notice from Guolian Securities Asset Management Co. , Ltd. showed that, to protect the interests of existing holders, the plan's duration has been extended by six months from the original end date. The product had already been extended twice, first from April 2025 to November 2025, and then from November 2025 to end-July 2026. As of the end of the first half, the plan had net assets of RMB 8.712 billion, with asset allocation mainly in interbank certificates of deposit and policy financial bonds.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is mixed for Securities Firms, with intensity 35/100 and 70% confidence over a short term horizon.
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