Industry insiders reveal that several bank financial management departments are in the process of developing financial products centered around scientific and technological innovation bonds. The head of the asset management division at a prominent city commercial bank has confirmed that the bank intends to introduce such themed financial products and has already secured 10 related bonds. Previously, BOC Wealth Management made an announcement on its official Weibo account, stating its commitment to further expedite the development of the scientific and technological innovation bond market. The institution aims to propel the high-quality growth of technology finance through a diversified approach to product innovation and asset allocation. To date, BOC Wealth Management has backed the scientific and technological innovation financing endeavors of numerous entities, encompassing private enterprises, local state-owned enterprises, and large financial institutions like Geely Holding, Xinwei Technology, and Industrial Bank. These financing efforts span various instruments, including debt financing tools, corporate bonds, and commercial bank bonds.
