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CSRC's Yan Bojin: Exchange Bond Market Pivotal for Tech Firms' Direct Financing, Reaching RMB 1.2 Trillion in Science and Technology Innovation Bonds
2025-05-22 /
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Author：小编
Yan Bojin, Director of the Issuance Supervision Department at the China Securities Regulatory Commission (CSRC), stated on May 22 that the exchange bond market has emerged as a crucial avenue for technology enterprises to access direct financing. To date, the cumulative issuance of science and technology innovation bonds has reached RMB 1.2 trillion. These funds are predominantly invested in pioneering sectors such as semiconductors, artificial intelligence, new energy, and high-end manufacturing.
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