Since the end of March, in the two months when the epidemic situation in Shanghai was the most severe, the Shanghai Stock Exchange (hereinafter referred to as the "Shanghai Stock Exchange") assembled a minimum operation team of about 300 people for closed operation.
This is a microcosm of Shanghai's financial market in the past two months.
As one of the cities with the most complete financial factor markets in the world, Shanghai has gathered more than 10 national financial factor markets such as stocks, bonds, and futures.
Since this round of epidemic control, with the presence of many financial professionals, Shanghai's financial services have never stopped, and the financial market has been operating stably.
According to a reporter from China Business News, during the epidemic, the Shanghai Stock Exchange has basically completed the financial report disclosure of the 2021 annual report and the first quarterly report through centralized investigation and connection one by one, and opened the cloud channel at the same time. The directors, supervisors and senior management of each listed company All online and face-to-face with investors to carry out various forms of performance briefings.
In order to ensure continuous review, the Shanghai Stock Exchange has increased its service supply during the epidemic. Under the “Shanghai Stock Exchange 30” system, the number of IPO reviewers on the Science and Technology Innovation Board from April to May increased rather than decreased, and the number of IPO companies reviewed increased by nearly 40% year-on-year. %.
During the period (March 28-May 27), the Shanghai Stock Exchange realized 74.451 billion yuan in IPO financing, a year-on-year increase of 104.23%.
As an important infrastructure of the financial market, the 50-person team of the Golden Bridge Center of the Shanghai Stock Exchange worked in a closed manner to ensure the normal trading. During the period, the turnover of the Shanghai Stock Exchange was 1.42 trillion yuan, a year-on-year increase of 23.5%.
In addition, since April, the REITs expansion policy and the innovative varieties of science and technology bonds have rapidly moved from consultation to implementation. The first batch of affordable housing rental REITs and high-quality private housing corporate bonds have been launched on the market. Epidemic prevention bonds and credit protection tools have been introduced one after another to further optimize Bond market structure to reduce social financing costs.
Looking at May, the market maker system on the Science and Technology Innovation Board publicly solicited opinions from the market in mid-May, deepening the moderate construction of the capital market foundation and reducing transaction costs; in late May, ETFs were included in the Shanghai-Hong Kong Stock Connect and officially solicited opinions from the market, becoming the capital market. Another major institutional breakthrough in the two-way opening of the market.
At the same time, the Shanghai Stock Exchange and various market players have formed a joint force to stabilize the economy and ensure growth.
Under the joint guidance of the Shanghai Municipal Development and Reform Commission, the Zhejiang Provincial Development and Reform Commission, the Jiangsu Provincial Development and Reform Commission and the Anhui Provincial Development and Reform Commission, the Yangtze River Delta Infrastructure Public Offering REITs Alliance was recently established, gathering more than 60 issuers and market resources to innovate the efficiency of capital allocation.
On the International Investor Protection Day, the Shanghai Stock Exchange and 66 market institutions released a value investment initiative, advocating the rational investment concept of long-term investment.
The Shanghai Stock Exchange stated that it will formulate a production work plan in accordance with the latest prevention and control requirements of Shanghai, strengthen responsibility, and make every effort to accelerate the recovery and revitalization of the economy.
Just on May 29, the Shanghai Municipal Government issued the "Shanghai Action Plan for Accelerating Economic Recovery and Revitalization", which includes 50 measures in eight aspects, to help enterprises bail out and promote the resumption of work and production.
Prior to this, on May 20, the China Securities Regulatory Commission issued the "Notice on Further Exercising the Functions of the Capital Market to Support the Accelerated Recovery and Development of Severely Affected Areas and Industries" (hereinafter referred to as the "Notice"), proposing 23 policy measures.
Among them, for securities companies, fund companies, futures companies, etc., the "Notice" proposes 5 requirements to play the role of industry institutions and facilitate the resumption of work and production.
In the next stage, in accordance with the work spirit of the Shanghai Municipal Government for resumption of work and production, the Shanghai Securities and Futures Fund industry agency stated that it will continue to more effectively and efficiently coordinate the work of epidemic prevention and control and business development, and further promote the resumption of work and production in an orderly manner. , steadily resume on-site business processing and on-site office of operating institutions, and actively provide strong support for ensuring the smooth operation of Shanghai's financial market, the resumption of work and production of enterprises, and the acceleration of economic recovery and development in the city.
Author: Huang SiyuKeywords: