Core Insights - The A-share market has shown an overall upward trend in 2025, leading to a significant increase in the number of private equity products registered, with a year-on-year growth of 82.19% [1][2] - The private equity market has seen a total of 7,907 registered private securities products as of August 31, 2025, compared to 4,340 in the same period of 2024 [1][3] - The increase in private equity product registrations is attributed to a recovering A-share market, improved regulatory frameworks, and the growing popularity of quantitative investment strategies [1][4] Private Equity Product Registration - A total of 5,173 stock strategy products have been registered, accounting for 65.42% of the total, with a year-on-year increase of 91.31% [2][3] - Multi-asset strategy products and futures and derivatives strategy products have also seen growth, with 1,116 and 841 products registered respectively, representing 14.11% and 10.64% of the total [2][3] - The number of registered quantitative products has reached 3,584, making up 45.33% of the total, with a year-on-year growth of 100.34% [3][4] Quantitative Investment Strategies - Within the quantitative products, stock strategies dominate with 2,601 products, representing 72.57% of the total quantitative products [4][5] - The leading sub-strategy is the stock quantitative long strategy, with 1,666 products registered, accounting for 46.48% of the quantitative total [4][5] - The most popular index-enhanced products include 678 based on the Air Index and 422 based on the CSI 500 Index [4][5] Private Equity Management Firms - A total of 2,154 private equity managers have registered products this year, with 1,436 managing firms registering 2,690 products, which is 34.02% of the total [5][6] - Among the top firms, 76 billion-yuan private equity managers have registered 1,936 products, accounting for 24.48% of the total [5][6] - The leading billion-yuan quantitative private equity firm, Kuan De, has registered 118 products, primarily focusing on stock quantitative long strategies [6][7]