Zhong Guo Ji Jin Bao·2025-10-14 14:56Group 1 - China Galaxy Securities has received approval from the China Securities Regulatory Commission (CSRC) to issue short-term corporate bonds with a total face value not exceeding 15 billion yuan [2] - The approval is valid for 24 months from the date of registration, allowing for phased issuance of the bonds within this period [2] - The stock price of China Galaxy increased by 0.34% to 17.80 yuan per share, with a year-to-date increase of 18.23% [4] Group 2 - The bond issuance activity among securities firms has been robust this year, with several firms receiving new bond issuance quotas [6] - As of October 14, 2023, the total number of bonds issued by securities firms in China reached 708, with a total issuance scale of 1.29 trillion yuan, representing a year-on-year increase of 70.23% [6] - Major firms like Huatai Securities and China Galaxy have issued over 100 billion yuan in bonds, with respective issuance scales of 110.4 billion yuan and 107.9 billion yuan [6] Group 3 - The recovery of the equity market and active trading have significantly boosted the demand for financing among securities firms [7] - The low interest rate environment has made bond financing more attractive, encouraging firms to opt for debt issuance [7]