Q2 Public Fund Scale: Dongzheng Leads at RMB217.1 Billion, Guotai Haitong and Caitong Surge

As of the end of the second quarter, 15 brokerage asset managers held public fund management qualifications. Dongzheng Asset Management ranked first with a total scale of RMB217.13 billion, followed by Huatai Securities Asset Management at RMB199.57 billion, Guotai Haitong Asset Management at RMB129.12 billion, Caitong Asset Management at RMB110.43 billion, and BOC International Securities at RMB100.11 billion. Compared with the end of the first quarter, Guotai Haitong Asset Management and Caitong Asset Management grew by RMB19.03 billion and RMB8.50 billion, respectively.

In terms of product structure, non-money market funds accounted for 78.18% of Dongzheng Asset Management's total, while the ratios at Caitong Asset Management and BOC International Securities exceeded 80%. Huatai Securities Asset Management and China Merchants Asset Management had money market fund proportions of 84.93% and 97.91%, respectively. During the second quarter, Guotai Haitong Asset Management's non-money market fund scale increased by RMB16.54 billion, while Caitong Asset Management and Shanzheng Asset Management saw bond fund scale increases of RMB6.24 billion and RMB4.88 billion, respectively.

Shenwan Hongyuan stated that it would focus on public fund advisory services through deep product research, asset strategy portfolios, and professional advisory-driven systems, with the aim of optimizing equity fund allocation and developing differentiated brokerage asset management products. Western Securities Asset Management, centered on channel clients and institutional customized demand, continues to diversify its product lineup to meet clients' multi-asset allocation needs.