Core Insights - The total scale of public funds in China reached 34.39 trillion yuan by the end of June 2025, marking a growth of 651.9 billion yuan from May, with an increase rate of 1.93% [1] Fund Scale and Changes - As of June 2025, the net value of various fund types is as follows: - Stock funds: 4.72 trillion yuan, up 148.3 billion yuan (3.24%) - Mixed funds: 3.68 trillion yuan, up 121.3 billion yuan (3.41%) - Bond funds: 7.28 trillion yuan, up 507.8 billion yuan (7.5%) - Money market funds: 14.23 trillion yuan, down 167.5 billion yuan (1.16%) - Cross-border funds: 0.68 trillion yuan, up 29.5 billion yuan (4.55%) [3] Fund Shares and Changes - The share distribution for June 2025 is as follows: - Stock funds: 3.45 trillion shares, down 101.78 billion shares from May - Mixed funds: 3.04 trillion shares, up 97.16 billion shares from May - Bond funds: 6.15 trillion shares, up 353.62 billion shares from May - Money market funds: 14.24 trillion shares, down 164.56 billion shares from May - Cross-border funds: 573.75 billion shares, up 4.42 billion shares from May [3] Fund Product Trends - The number of stock fund products increased by 63 to 3002 in June, with 61 new products issued, totaling 21.45 billion shares [4] - Mixed funds showed a trend of both scale and share growth, with 49 new products launched in June, issuing 29.21 billion shares [5][6] Market Dynamics - The bond fund sector experienced both scale and share growth, but faced significant redemptions in July, prompting many funds to announce adjustments to net asset value precision [7] - Money market funds saw a decline in both scale and shares, attributed to a shift in market risk appetite towards higher-yielding assets like stocks and bonds [7]
34.39万亿！公募6月规模再创新高，债券基金规模大增超5000亿，货币基金缩水1600亿元，混合基金份额罕见增长
Ge Long Hui·2025-07-25 05:59