公募基金规模，突破36万亿元

Group 1 - As of the end of August, the net asset value of public funds in China reached a record high of 36.25 trillion yuan, marking the fifth historical high this year and the first time surpassing 36 trillion yuan [1] - The growth of public fund assets has been consistent since the end of September 2024, with significant milestones reached in various months, including surpassing 32 trillion yuan in September 2024 and 35 trillion yuan in July 2025 [1] - In August, public fund assets increased by nearly 1.2 trillion yuan compared to July, with notable growth in stock funds (over 620 billion yuan), mixed funds (over 330 billion yuan), and money market funds (over 190 billion yuan) [1] Group 2 - The A-share market has entered a new upward cycle supported by comprehensive policy backing, the rise of technology growth sectors, and continuous liquidity improvement, with key market sentiment indicators reaching new highs [2] - The growth in public fund scale is driven by both the increase in net value of equity funds and the influx of new capital through ETF and actively managed equity fund products [2] - As of the end of August, there are 164 public fund management institutions in China, including 149 fund management companies and 15 asset management institutions with public qualifications [2]