300 billion special government bonds will be issued, it is estimated that Industrial and Commercial Bank of China will receive a higher proportion of investment.

date
10/03/2026
The second round of capital injection plans for state-owned major banks is expected to be launched soon. This year's government work report proposed issuing special national bonds worth 300 billion yuan to support large state-owned commercial banks in supplementing their capital. Currently, it is widely expected in the market that Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China (ABC) will be the main targets of this round of capital injection. In addition, based on the signals released during this year's National People's Congress and Chinese People's Political Consultative Conference, the channels for capital supplementation for banking institutions are expected to be expanded this year.