Since the beginning of this year, the size of A-share refinancing has exceeded 800 billion yuan.

Since the beginning of this year, the activity in the A-share refinancing market has continued to increase. According to data, as of September 11, the total funds raised by A-share listed companies through various refinancing methods has reached 800.214 billion yuan, a significant increase compared to the total of 223.120 billion yuan raised last year, with a growth rate of 258.7%. Tian Lihui, a finance professor at Nankai University, told reporters that the key reason for the warming up of the refinancing market this year is mainly the resonance between policies and the market. The registration system reform has significantly optimized the refinancing process, reducing the financing threshold for enterprises. At the same time, with the economic recovery, the demand for industrial upgrading has surged, especially in strategic areas such as new energy and semiconductors, where companies urgently need funds to break through technological bottlenecks.