Top 15 Brokerage Asset Managers' Public Fund Scale in Q2: Orient Securities Leads at RMB 217.1 Billion

As of the end of the second quarter, 15 brokerage asset management firms held public fund management qualifications. Orient Securities Asset Management led the ranking with RMB 217.128 billion in total scale, followed by Huatai Securities Asset Management, Guotai Haitong Asset Management, Caitong Asset Management, and BOC International (China) Securities, with scales of RMB 199.572 billion, RMB 129.123 billion, RMB 110.431 billion, and RMB 100.109 billion, respectively.

Compared with the end of the first quarter, Guotai Haitong Asset Management and Caitong Asset Management saw increases of RMB 19.034 billion and RMB 8.496 billion, respectively. In terms of product structure, non-money market funds accounted for 78.18% of Orient Securities Asset Management's total, while Caitong Asset Management and BOC International (China) Securities had non-money market fund ratios exceeding 80%. In contrast, money market funds represented 84.93% of Huatai Securities Asset Management's scale and 97.91% of China Merchants Securities Asset Management's scale.

During the second quarter, Guotai Haitong Asset Management's non-money market fund scale increased by RMB 16.542 billion, while Caitong Asset Management and Shanxi Securities Asset Management saw their bond fund scales grow by RMB 6.236 billion and RMB 4.88 billion, respectively.

Shenwan Hongyuan stated that it will focus on developing its public fund advisory business through in-depth product research, asset strategy portfolios, and professional investment advisory support, while optimizing its equity fund allocation and developing differentiated brokerage asset management products. Western Securities Asset Management, centered on channel clients and institutional custom demand, continues to enrich its product system to meet clients' diversified asset allocation needs.