Ant Fund posted robust financial results for the first half of 2026, with both revenue and profit climbing significantly, according to the interim report released by its shareholder Hundersun Electronics on the evening of August 25. The company recorded operating revenue of RMB 12.98 billion during the period, a 40% year-on-year increase, alongside a net profit of RMB 1.21 billion.
Other third-party fund distributors also saw substantial gains. Data from East Money's half-year report shows that Tiantian Fund generated RMB 2.102 billion in revenue for the first six months, up 47.61% from a year earlier, with net profit reaching RMB 111 million.
The broader fund distribution industry has been buoyed by a recovering capital market and the deepening of the wealth management sector. Public fund assets under management continued to expand, with index funds and actively managed equity funds delivering particularly strong performances. According to the Asset Management Association of China, total public fund scale reached RMB 39.67 trillion by the end of June 2026, a 15.35% increase year-on-year, while non-money market fund assets grew 19% to RMB 24.04 trillion.
As of the end of 2025, the top 100 fund distributors held a combined RMB 2.42 trillion in stock index fund assets, up 41.73% year-on-year. Equity fund assets stood at approximately RMB 6 trillion, reflecting a 23.56% increase. East Money's disclosures further reveal that as of June 2026, Tiantian Fund's non-money market fund holdings reached RMB 1.012 trillion, up 49.87% year-on-year, while its equity fund holdings grew 37% to RMB 526 billion.
Ant Fund's growth is attributed to favorable market conditions, but the platform has also proactively guided users toward diversified allocation strategies, maintaining a balanced product mix across index funds, actively managed equity funds, and bond funds. Additionally, the company has integrated artificial intelligence across customer service, operations, content production, risk management, and internal management processes, enhancing service capabilities and operational efficiency while reducing costs.
Looking ahead, the industry faces new challenges as the fund sales fee regulations take full effect on January 1, 2027. Analysts note that fund distribution is shifting from a scale-driven model to a return-driven approach, requiring institutions to strengthen their professional expertise, technological capabilities, and user service standards beyond merely riding market trends.
The rising market tide has also lifted major fund companies. Fullgoal Fund reported revenue of RMB 4.349 billion for the first half of 2026, surging 89.25% year-on-year, with net profit climbing 78.87% to RMB 1.143 billion. China Asset Management recorded revenue of RMB 5.708 billion, up 34.05%, and net profit of RMB 1.413 billion, a 25.82% increase. Southern Fund's revenue reached RMB 5.014 billion, growing 32.05%, while its net profit rose 25.88% to RMB 1.503 billion.