By the end of July, the number of listed private equity fund managers had decreased from24,094 in June to16,467, down31.66 percent percent. Of all firms dealing in securities, equities, venture capital and other categories, securities and equities firms underwent the most severe clearing, with35 percent of private equity firms removed. Accordingly, the number of practitioners was cut by31.48 percent to275,800. By contrast, the scale and variety of funds have continued to increase. The variety of funds rose from32,355 in June to36,829 in July. The registered capital and paid-in capital increased from6.83 trillion to7.47 trillion yuan, and from5.58 trillion to6.11 trillion yuan respectively.