Chinese investors are putting more money into private equity, venture capital and other private funds amid a surge in tech investment.

Industry assets reached 23.5 trillion yuan at the end of April, with AI enthusiasm helping quantitative funds gain ground while some discretionary managers lost assets

Hybrid and equity funds recover after first-quarter ETF outflows triggered by market volatility and regulatory warnings

Chinese investors are putting more money into private equity, venture capital and other private funds amid a surge in tech investment.

China's private fund assets hit record highs as AI and quant strategies dominate, with 123 onshore hedge funds managing over CNY 2 trillion collectively.