China News Online, August 1 (Reporter Yin Liqin) Recently, it was learned from the Shanghai Securities Regulatory Bureau that in the first half of 2021, Shanghai's direct financing has achieved substantial growth. 78 sub-enterprises used capital market to raise a total of 197.4 billion yuan, a year-on-year increase of 91%.
Specifically, 21 companies in Shanghai raised 29.3 billion yuan in IPOs, 18 sub-equity refinancings were 24.7 billion yuan, and 39 sub-issued corporate bonds raised 143.4 billion yuan.
In particular, Shanghai financial institutions such as Guotai Junan Securities and Bank of Shanghai issued 118.3 billion yuan in corporate bonds, which strongly supported financial institutions to increase their financial strength and serve the construction of Shanghai as an international financial center.
In the first half of the year, Shanghai added 21 new listed companies, and the number of regional listed companies reached 363.
Among them, 7 companies are listed on the Science and Technology Innovation Board, and 44 companies are listed on the Shanghai Science and Technology Innovation Board.
These listed companies have a good start. According to the first quarter report of 2021, the growth rate of Shanghai listed companies' operating income and net profit has changed from negative to positive year-on-year, achieving double-digit growth of 33% and 46%, respectively. In 2020, they will be -0.8%, -6%.
If the low base effect caused by the epidemic is not taken into consideration, the growth rate will be 12% and 4% respectively compared with the same period in 2019.
Cheng Hehong, director of the Shanghai Securities Regulatory Bureau, introduced that in order to better discover, cultivate and promote the listing of Shanghai enterprises, the Shanghai Securities Regulatory Bureau relies on the Shanghai "Pujiang Light" initiative to strengthen cooperation with the Shanghai Financial Bureau and the Shanghai Stock Exchange to jointly build a library of science and technology enterprises.
Strengthen visits and investigations to key enterprises in Shanghai’s three leading industries such as integrated circuits, biomedicine, and artificial intelligence, and send policies to door-to-door services. At the same time, it actively uses the public issuance guidance supervision system to accept key enterprises’ guidance filing and acceptance materials online, which is convenient Enterprise declaration.
In the first half of the year, Shanghai added 2 securities and futures legal person operating institutions and 17 branches.
Currently, the number of core institutions and private equity managers in the Shanghai market ranks first in the country, with 31 securities companies, 34 futures companies, 60 fund management companies, 1,130 branches, and 4,603 registered private equity fund managers.
It is worth mentioning that the effect of Shanghai becoming the first choice for foreign institutions is obvious.
BlackRock, the country’s first wholly foreign-owned public fund management company, and Shanghai’s third newly-established foreign-owned securities company DBS Securities, have officially opened in Shanghai. While foreign-funded institutions remain half of the country, the number of foreign-owned holding institutions in Shanghai has increased. Increased to six.
Some analysts believe that with the continuous gathering of financial institutions and the influx of foreign-funded institutions, the Shanghai International Financial Center will become an important impetus for the development of China's direct financing. (Finish)