Overview Of Refinancing Of Shenzhen Stock Exchange-Listed Companies In 2020 Date
27/01/2021
Refinancing is an important way for listed companies to engage in direct financing in capital market. It is also an important approach to promote the high-quality development of listed companies. With the sudden outbreak of COVID-19 and complicated and severe changes in 2020, companies listed on SZSE made active use of refinancing instruments and raised CNY 391.383 billion through 260 refinancings, vigorously boosting technical innovation, improving risk prevention & control and development sustainability, and advancing high-quality circulation of technology, capital and real economy.
Financing expanded significantly, further unleashing market vitality. In 2020, the reform of the ChiNext Board and the pilot project of the registration-based IPO system were smoothly implemented. Favorable policies such as better issuance conditions, improved pricing mechanism and higher review efficie