In October 2025, the private placement market continued to recover, with public funds showing strong enthusiasm for participation. As private placement projects in high-growth sectors such as pharmaceuticals, technology, and high-end manufacturing were intensively launched, leading public funds and renowned fund managers stepped in, accelerating the flow of institutional funds into high-quality growth-oriented enterprises. Since the second half of the year, private placement projects involving several well-known fund managers have achieved floating profits. Industry insiders stated that with the recovery of market sentiment, the release of corporate financing needs, and the strengthening demand for institutional fund reallocation, private placements have become one of the key strategic areas for public funds.
