China private funds have reached a record RMB23.66tr (USD3.5tr), supported by strong growth in private securities investment funds and renewed activity across venture capital and private equity markets. According to the Asset Management Association of China, private securities investment funds exceeded RMB8tr (USD1.2tr) for the first time at the end of June, helping the broader industry record its twelfth consecutive monthly asset record. Assets increased by RMB1.51tr during