The first batch of securities companies' technology innovation bonds have arrived, with a planned issuance size exceeding 16 billion yuan.

On May 8th, it was reported by the Shanghai Stock Exchange that many securities companies such as CITIC Securities, Guotai Junan Securities, Citic Securities, Huatai Securities, CMB Securities, East Securities, Ping An Securities, Galaxy Securities, Guolian Minsheng Securities, Huafu Securities had issued announcements for the issuance of Science and Technology Innovation Bonds on the exchange, with a total planned issuance size exceeding 16 billion yuan. It is reported that the initial batch of securities companies' Science and Technology Innovation Bonds fundraising funds will mainly be invested in integrated circuits, artificial intelligence, new energy, bio-medicine, high-end equipment and other cutting-edge technologies and strategic emerging industry sectors, opening up long-term incremental funding for the science and technology innovation field, further enhancing the securities companies' ability to provide financing for science and technology innovation enterprises.