刚刚，见证历史！首破350000亿

Core Viewpoint - The total scale of public funds in China has surpassed 35 trillion yuan for the first time, reaching a historical high of 35.08 trillion yuan as of the end of July 2025, driven primarily by net asset value growth rather than an increase in fund shares [2][4][8]. Fund Scale and Growth - As of July 2025, the total number of public fund management institutions in China is 164, including 149 fund management companies and 15 asset management institutions with public qualifications [4]. - The overall fund scale increased by 1.99% from the end of June, while the total share of public funds saw a slight increase of 0.40% [5][12]. - The public fund market has shown a strong upward trend since April 2025, with continuous monthly records being set, including surpassing 33 trillion yuan in April, 34 trillion yuan in June, and 35 trillion yuan in July [8][6]. Fund Type Performance - In July, the share of closed-end funds decreased by 1.07%, while open-end funds saw a slight increase of 0.58% [11]. - Equity funds and mixed funds experienced a decline in shares, with equity fund shares down 0.33% and mixed fund shares down 1.22%, indicating a cautious sentiment among investors [12][13]. - Despite the decline in shares, the net asset values of equity funds increased, with equity fund scale growing by 1925.94 billion yuan (4.07%) to reach 4.92 trillion yuan, and mixed fund scale increasing by 1385.56 billion yuan (3.76%) [13]. Trends in Specific Fund Categories - The bond fund scale decreased by 481.92 billion yuan (0.66%) to 7.24 trillion yuan, while the money market fund scale increased by 3813.84 billion yuan (2.68%) to 14.61 trillion yuan [15]. - QDII funds also saw significant growth, with shares and scale increasing by 3.87% and 6.77%, respectively, reaching a total scale of 7300.44 billion yuan, marking a historical high [15].