光证资管退出公募牌照申请 此前3次冲击境外资本市场均折戟

Group 1 - The core viewpoint is that after Guangfa Asset Management and Guangzheng Asset Management withdrew from the public fund license application process, only two broker asset management firms remain awaiting approval for public fund licenses [1] - The China Securities Regulatory Commission (CSRC) has removed Guangzheng Asset Management from the list of institutions applying for public fund management qualifications, following Guangfa Asset Management's exit in August [1] - The remaining broker asset management firms still in the public fund license approval queue are Guozheng Asset Management and Guojin Asset Management [1] Group 2 - As of 2024, applications for public fund licenses by broker asset management institutions have nearly come to a halt, with a total of 14 firms having obtained the necessary licenses [2] - By the end of 2025 Q2, the asset management scale of broker asset management firms is approximately 8.51 trillion yuan, reflecting a slight increase of about 0.2 trillion yuan from the end of 2024 and an increase of 0.65 trillion yuan from the end of 2023 [2] - The end of 2023 marks the final deadline for the public offering transformation of large collective products managed by broker asset management firms, which can be achieved through various compliance methods [2]