近日，上海市高级人民法院召开2024年上海法院金融商事审判情况暨司法服务保障科技金融高质量发展情况发布会，旨在精准服务国家战略，支持科技 金融高质量发展。 记者了解到，2024年，简单、小额金融案件呈下降趋势。据2024年上海法院金融商事审判情况显示，去年，上海法院共受理一审金融商事案件150035 件，审结149536件，收结案数同比分别下降31.66%和31.78%。 案件类型方面，2024年上海法院一审金融纠纷收案数量排名前五位的案件类型是：金融借款合同纠纷69191件，占比46.12%；信用卡纠纷34521件，占 比23.01%；融资租赁合同纠纷15005件，占比10.00%；小额借款合同纠纷5307件，占比3.54%；保证保险合同纠纷4623件，占比3.08%。 值得注意的是，小额借款合同纠纷2024年收案数量相比2023年大幅增加了170.77%，该类案件平均标的金额仅为9.22万元，呈现出明显的"小额多家"特 征，且案件当事人多为小微企业。上海高院认为，这主要反映出随着普惠金融的蓬勃发展，虽然大量小微企业融资需求得到一定程度的满足，但与之相关的 纠纷案件也随之增长。 涉科技金融纠纷案件方面，呈现 ...

Group 1 - As of May 11, 37 companies have listed on the A-share market this year, with 32 being private enterprises, accounting for 86.49% of the total listings. These private companies raised 21.024 billion yuan, representing 84.96% of total fundraising [1][2] - The implementation of the "Private Economy Promotion Law" on May 20 aims to enhance the multi-level capital market system, allowing eligible private enterprises to access direct financing through stock and bond issuance [1][2] - Since the registration system reform, the capital market has increasingly supported private enterprises in both equity and debt financing, shifting from merely increasing quantity to emphasizing quality and effectiveness [3][5] Group 2 - The bond financing landscape for private enterprises has expanded significantly, with 301 bonds issued this year, raising a total of 101.094 billion yuan, a year-on-year increase of 19.62%. Asset-backed securities (ABS) are the primary fundraising instrument, accounting for 91.69% of the total [2][3] - Public Real Estate Investment Trusts (REITs) have emerged as a new financing channel for private enterprises, with 9 out of 65 listed REITs being initiated by private firms, raising a total of 15.994 billion yuan [2][4] - The recent announcement by the People's Bank of China and the China Securities Regulatory Commission to support the issuance of technology innovation bonds is expected to benefit technology-oriented private enterprises significantly [4][5] Group 3 - The capital market is recognized as a crucial platform for the growth of private enterprises, with ongoing reforms aimed at enhancing support for their financing needs [5][6] - Future reforms will focus on deepening the policies for the Sci-Tech Innovation Board and the Growth Enterprise Market, enhancing institutional inclusivity and adaptability [6][7] - To further support private enterprises, there is a call for deeper reforms in the equity market and innovation in the bond market, including optimizing listing standards and encouraging industry consolidation [8]

Group 1 - The newly passed Private Economy Promotion Law serves as a foundational legal framework for the development of the private economy in China, specifically addressing investment and financing promotion [1][2] - The law aims to provide robust financial support for the sustainable and healthy development of private enterprises, particularly in enhancing credit supply and adapting loan terms to meet the needs of private economic organizations [2][4] - The introduction of innovative financial products, such as the "Private Credit Loan," allows for higher loan limits and longer repayment periods without the need for collateral, thus addressing the financing challenges faced by private enterprises [3][5] Group 2 - The law encourages financial institutions to develop tailored financial products and services that align with the characteristics of private enterprises, thereby improving the accessibility and convenience of financial services [2][4] - Various regions are implementing collaborative actions among multiple departments to innovate service models, utilizing data and technology to provide more efficient financial support to private enterprises [5] - The law emphasizes the importance of a multi-tiered capital market system, enabling private enterprises to access direct financing through the issuance of stocks and bonds, thereby reducing reliance on bank loans [6]

智通财经4月30日电，湖北省地方金融管理局、湖北证监局、湖北省科技厅、湖北省经信厅、湖北省政 府国资委日前联合印发《新形势下重塑企业挂牌上市服务体系实施方案》。围绕"多层次资本市场募资 做培育"，方案提出总量进位、结构优化、全域覆盖、梯队夯实、专板扩容五大目标，勾勒资本市场"湖 北蓝图"。据介绍，该方案针对企业挂牌上市过程中早期价值发掘、中期规范治理、后期审核发行等不 同阶段难点堵点问题，为湖北各类企业提供包括挖掘储备、多维培育、申报推进、上市对接等全流程服 务，推动企业遵循现代企业治理规律、现代产业培育规律、现代市场运作规律，系统性提升经营质效与 核心竞争力，让多层次资本市场"活水"浇灌上市后备企业全周期生长。 湖北：让多层次资本市场"活水"浇灌上市后备企业全周期生长 ...

Group 1 - Several private companies, including Zhongjie Automotive and Jiangshun Technology, successfully listed on the A-share market, raising over 45 billion yuan through various financing methods by April 27 [1] - The multi-level capital market in China is actively supporting the development of private enterprises, creating a vibrant and innovative environment for growth [3] - Approximately two-thirds of listed companies on the A-share market are private enterprises, with a significant presence in the ChiNext, Sci-Tech Innovation Board, and Beijing Stock Exchange [4] Group 2 - The private sector is showing resilience and vitality, with a number of leading companies reaching a market value of over 100 billion yuan, contributing to national economic growth and technological innovation [4] - The strategic emerging industries are favored by capital, with private enterprises in information technology and high-end equipment manufacturing accounting for 58% of the total financing [4] - The merger and acquisition market is becoming more active, with over 80 ongoing M&A cases in A-shares, of which more than 60% involve private enterprises [6] Group 3 - The bond market is expanding with various financing tools being introduced to support private enterprises, including the issuance of fixed-income products totaling 35.37 billion yuan in Shenzhen [7] - The Shanghai Stock Exchange has supported over 220 billion yuan in bond and asset-backed securities financing for more than 100 private enterprises in the past year [7] - The People's Bank of China and other regulatory bodies are expected to innovate and expand the issuance of private technology bonds [8] Group 4 - Regulatory bodies are focusing on enhancing the capital market to support technological innovation and the growth of private enterprises, with measures to improve market inclusivity and transparency [9] - In the first quarter of this year, private investment in China increased by 0.4%, with significant growth in manufacturing and infrastructure sectors [9] - Experts suggest further improvements in the multi-level capital market system to facilitate the listing of high-quality private enterprises and optimize the M&A process [10]

桂浩明(市场资深人士) 国内的公募REITs起步不是很早，在2021年推出后由于产品稀缺，一度在二级市场被炒作，价格的大起 大落对其发展也带来了某些不利的影响，好在经过这几年的调整，公募REITs不但在制度建设上有了很 大的进展，其运行环境也有相应的改善，实现了快速发展。 在2023年共发行了5只公募REITs产品，而在2024年这个数字达到了29只，今年前两个月就发行了4只。 与此同时，公募REITs在资本市场上也获得了较高的认同，截止到上周五，表征公募REITs走势的中证 REITs全收益指数今年的涨幅已经超过11.38%，是同期证券市场上表现最好的指数之一。 公募REITs的快速发展，不仅仅是丰富了国内资本市场的产品供给，为投融资双方搭建了新的联系桥 梁，更是在建设多层次资本市场、金融支持实体经济方面发挥了很好的作用，因此意义重大。 近两年来，受多方面因素的影响，A股市场的IPO节奏有所放缓，同时股权融资的重点也是向硬科技企 业倾斜。这样一来，从事传统基础产业的企业进行股权融资的环境就不是特别好。这种状况其实也不是 国内独有，在海外成熟市场，传统基础产业的企业搞股权融资也是困难重重。此时一般的解决方法是 ...