On January 30th, the China Securities Investment Fund Association (CSIFA) released data showing that in December 2023, securities and futures operating institutions collectively registered 952 private equity management products with a total establishment size of 444.37 billion yuan. In terms of institution types, securities companies and their asset management subsidiaries had the highest number of registrations and the largest establishment size in December. Among the 50 private equity funds registered by securities company subsidiary in December, 48 were partnership-type and 2 were contractual-type. In terms of product types, the number and establishment size of collective asset management plans registered in December were higher than that of single asset management plans. In terms of investment types, the fixed income category had the highest number and establishment size of private equity management products registered in December. As of the end of December 2023, the total scale of private equity management business of securities and futures operating institutions was 12.41 trillion yuan (excluding social security and enterprise annuities), a decrease of 2826.05 billion yuan from the previous month, a decrease of 2.2%. In terms of product types, the number and scale of single asset management plans in existence were higher than that of collective asset management plans. In terms of investment types, fixed income products accounted for the largest proportion in terms of both quantity and scale among the four categories of products. Mixed products ranked second in terms of quantity, equity products ranked second in terms of scale, and the quantity and scale of futures and derivatives products were relatively small. As of the end of December 2023, the average scale of private equity management business managed by securities companies and their asset management subsidiaries was 553 billion yuan, with a median scale of 219 billion yuan; the average scale of private equity funds managed by securities company subsidiaries was 85 billion yuan, with a median scale of 24 billion yuan; the average scale of private equity management business managed by fund management companies was 373 billion yuan, with a median scale of 110 billion yuan; the average scale of private equity management business managed by fund subsidiaries was 225 billion yuan, with a median scale of 64 billion yuan; the average scale of private equity management business managed by futures companies and their asset management subsidiaries was 24 billion yuan, with a median scale of 4 billion yuan.