On February 23rd, the China Securities Investment Fund Association released the market data for public mutual funds (as of January 2024). By the end of January 2024, there were a total of 145 fund management companies in China, including 49 foreign-invested fund management companies (including Sino-foreign joint ventures and wholly foreign-owned enterprises) and 96 domestic fund management companies. Additionally, there were 12 securities companies or securities asset management subsidiaries and 1 insurance asset management company that obtained the qualification to manage public mutual funds. The total net value of public mutual fund assets managed by these institutions amounted to 27.36 trillion yuan.