CSRC: Total Issuance of Exchange-traded Sci-tech Innovation Bonds Hits 1.2 Trillion Yuan

On May 22, Yan Bojin, China Securities Regulatory Commission (CSRC) Chief Risk Officer and Director General of Department of Public Offering Supervision said on a press conference held by State Council Information Office (SCIO) that exchange-traded bond market has become an important channel of direct financing for tech companies. A total of 1.2 trillion yuan of sci-tech innovation bonds have been issued. 539 of these bonds were issued in 2024, raising 0.61 trillion yuan, up 64%. The funds raised are mainly invested in semiconductor, AI, new energy, high-end manufacturing and other frontier areas.

Source: China Securities Journal WeChat Channel

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