刚公布！37.71万亿了，一年猛增4.885万亿

Core Insights - The total scale of public funds in China reached a historical high of 37.71 trillion yuan by the end of December 2025, marking an increase of 4.885 trillion yuan or 14.88% compared to the end of 2024 [1] Fund Market Overview - As of December 2025, there were 165 public fund management institutions in China, including 150 fund management companies and 15 asset management institutions with public qualifications [5] - The number of public funds increased from 13,490 to 13,622, with a total share rising from 31.7 trillion to 32.03 trillion shares, reflecting a growth of 1.03% [5] Fund Type Performance - Equity Funds: The share increased from 3.82 trillion to 3.95 trillion shares, a rise of 1.316 trillion shares or 3.44%, while the scale grew from 5.8 trillion to 6.05 trillion yuan, an increase of 4.39% [7] - Bond Funds: Remained the main "capital attractor," with shares rising from 8.87 trillion to 9.15 trillion shares, an increase of 2.836 trillion shares or 3.2%, and scale growing from 10.52 trillion to 10.94 trillion yuan, a 3.92% increase [6][7] - Mixed Funds: Shares slightly decreased by 304.67 billion shares to 2.55 trillion shares, but the scale increased by 766.09 billion yuan to 3.68 trillion yuan, a growth of 2.13% [7] - FOF (Fund of Funds): Both shares and scale increased, with shares rising from 2.16763 trillion to 2.2389 trillion shares, an increase of 71.27 billion shares or 3.29%, and scale growing from 2.35544 billion to 2.44393 billion yuan, a 3.76% increase [7] - Money Market Funds: Both shares and scale declined, with shares falling from 15.19 trillion to 15.03 trillion shares, a decrease of 1%, and scale also dropping by 1% [7] - Other Funds: Shares increased from 1.03 trillion to 1.12 trillion shares, and scale rose from 1.67 trillion to 1.77 trillion yuan [7] QDII Fund Insights - QDII funds saw an increase in shares by 343.48 billion shares and scale by 158.33 billion yuan, reflecting a growing demand for overseas asset allocation among investors [7]