Securities firms accelerate bond issuance to "replenish blood," with a growth of over 60% in size since the beginning of this year.

After last year's record high issuance of bonds, securities firms have continued to accelerate their capital replenishment. According to Wind data, as of May 6 when the journalist wrote this article, the issuance scale of domestic bonds by securities firms this year reached 688.781 billion yuan, an increase of 64.22% year-on-year. In the view of industry insiders, the current pace of securities firms' equity financing has slowed down, while market trading activities have driven the expansion of securities firms' heavy capital businesses, leading to an increase in capital demand. This has prompted securities firms to actively issue bonds, continuously strengthening their capital strength.