中国证监会债券司副司长黄建山:支持符合条件的西部陆海新通道沿线省区市企业IPO
Zheng Quan Ri Bao·2025-12-25 16:48

Core Viewpoint - The People's Bank of China emphasizes the importance of financial support for accelerating the construction of the Western Land-Sea New Corridor, highlighting the role of multi-level capital markets in facilitating diverse financing channels for this initiative [1] Group 1: Stock Market Support - The China Securities Regulatory Commission (CSRC) is actively supporting eligible enterprises along the Western Land-Sea New Corridor in issuing IPOs, refinancing, and mergers and acquisitions, with over 650 A-share listed companies in the region [1] - In the first 11 months of this year, the Shanghai and Shenzhen stock exchanges supported 4 IPOs from corridor enterprises, raising nearly 7 billion yuan, and facilitated 17 refinancing cases, raising about 25 billion yuan [1] - More than 300 mergers and acquisitions involving listed companies along the corridor have been supported, significantly contributing to the economic development of the region [1] Group 2: Bond Market Support - In the first 11 months of this year, the exchange market supported the issuance of nearly 700 billion yuan in corporate bonds by enterprises in the corridor, enhancing financing channels and reducing costs [2] - The exchange market has also promoted the issuance of technology innovation bonds, with over 2 trillion yuan issued since 2021, and corridor enterprises accounting for more than 260 billion yuan of this total [2] - Various specialized bonds, including green bonds and rural revitalization bonds, have been developed to support diverse financing needs of corridor enterprises [2] Group 3: Asset Securitization and REITs - The exchange market has facilitated the issuance of over 160 billion yuan in asset-backed securities (ABS) by corridor enterprises in the first 11 months, covering asset types such as infrastructure fees and small loans [2] - A total of 24 REITs for transportation and logistics projects have been promoted, raising nearly 100 billion yuan, which has led to over 500 billion yuan in new project investments [3] - 13 REIT products from corridor-related enterprises have been issued, raising over 30 billion yuan, supporting various asset types including industrial parks and energy facilities [3] Group 4: Future Directions - The CSRC plans to deepen comprehensive reforms in capital market financing, enhance the inclusiveness and adaptability of capital market systems, and better support the high-quality development of the real economy [3]