Lates News

On June 18th, top 10 fund companies such as Penghua Fund, E Fund, GF Fund, Huaxia Fund, Boshi Fund, China Merchants Fund, Southern Fund, Fortune Fund, Jiashi Fund, and Invesco Great Wall Fund reported the first batch of science and technology innovation bond ETFs. The addition of these new players to the bond ETF market in China is expected to bring about products in the field of hard technology. It is worth noting that on the morning of the 18th, Chairman of the China Securities Regulatory Commission Wu Qing stated at the Lujiazui Forum that further strengthening the advantages of linking stocks and bonds to serve technological innovation is important. Efforts will be made to promote the development of science and technology innovation bonds, optimize issuance and trading systems, and accelerate the introduction of supporting mechanisms such as interest subsidies and guarantees for science and technology innovation bond ETFs. The active development of convertible bonds and convertible bonds combined with stocks and bonds indicates that the rapid submission of 10 science and technology innovation bond ETFs demonstrates that the pace of policy implementation is accelerating. (Securities Times)