IPO、发债、资产证券化！证监会全方位赋能西部陆海新通道建设

Core Viewpoint - The People's Bank of China and eight other departments have jointly issued 21 key measures to provide strong financial support for the construction of the Western Land-Sea New Corridor, highlighting the active role of the capital market in serving national strategies [1][2] Group 1: Capital Market Support - The capital market's support for the Western Land-Sea New Corridor construction is reflected in four dimensions: 1. In the stock market, the China Securities Regulatory Commission (CSRC) actively supports the listing and financing of enterprises along the corridor, with over 650 A-share listed companies in the region. In the first 11 months of this year, the Shanghai and Shenzhen stock exchanges supported four IPOs raising nearly 7 billion yuan and 17 refinancing efforts totaling about 25 billion yuan [1] 2. In the bond market, nearly 700 billion yuan in corporate bonds were issued by enterprises along the corridor in the first 11 months of this year, including over 260 billion yuan in technology innovation bonds, significantly supporting the development of new productive forces [1] 3. In asset securitization, enterprises along the corridor issued over 160 billion yuan in Asset-Backed Securities (ABS) in the first 11 months, effectively revitalizing existing assets such as infrastructure toll rights and commercial properties [1] Group 2: REITs Market Development - The development of the REITs market is noteworthy, with 13 REITs products issued and listed in the corridor region, raising over 30 billion yuan, covering various asset types such as industrial parks and logistics warehouses, effectively supporting infrastructure construction [2] - The CSRC is steadily advancing the pilot program for commercial real estate REITs, providing diversified channels for asset revitalization [2] Group 3: Future Directions - The capital market is addressing the funding needs for the Western Land-Sea New Corridor construction through multi-level and multi-channel financing, optimizing resource allocation via market mechanisms, and promoting industrial upgrades and economic development in the region [2] - The CSRC will continue to deepen comprehensive reforms in capital market investment and financing, enhancing the inclusiveness and adaptability of capital market systems, and supporting various entities in effectively utilizing equity financing, bond financing, and asset revitalization tools to empower high-quality development of the real economy [2]