Li Chao: In the first two months of stocks and bonds, the total financing is about 1.3 trillion yuan

LiChao:Inthefirsttwomonthsofstocksandbonds,thetotalfinancingisabout1.3trillionyuan
OnMarch22,theStateCouncilOfficeofAntiquesrespondedtotheimpactoftheinternationalepidemicandmaintainedthestabilityofthefinancialmarket.LiChao,vicechairmanoftheChinaSecuritiesRegulatoryCommission,saidthatinthefirsttwomonthsofthisyear,stocksandbondsontheexchangemarkettotaledabout1financing.3trillionyuan.Amongthem,38IPOshavebeenissued,raising72.4billionoffundsandre-financing90.1billion;theissuanceofbondmarketissuance1.1trillionyuan,anannualincreaseof30%.Moreimportantly,thecurrentoveralleffortstoraiseepidemicpreventionandcontrolandeconomicandsocialdevelopmenthaveachievedpositiveresults,andtherehavebeensignificantmarginalchangesintheindicatorsinMarch.Fromthesurveyofourlistedcompanies,theresumptionratehasexceeded98%,whichishigherthanthenationalaverage.ThefollowingisthepositionofLiChao,ViceChairmanoftheChinaSecuritiesRegulatoryCommission.Sincetheoutbreak,wehavereleaseddocumentstogetherwithrelevantdepartmentstocreatesomespecialarrangementsintheareasofcapitalmarketenterprisefinancing,supportfromkeyregionsandindustries,feereductions,andconvenienceservices.Theforegoingimprovesthemarketlaw,reflectsthetemperatureofsupervision,helpsenterprisesandindustriestoovercomedifficulties,andlaysasolidfoundationfortheoperationofthemarket.Whileensuringthestableoperationofthemarket,thefunctionsofthepreviouscapitalmarketwerenormallyperformed,especiallyundertheunifiedcommandandcoordinationoftheFinancialCommitteeoftheStateCouncil,andtheA-sharemarketopenednormallyaftertheSpringFestival.Weunswervinglyplaytheroleofthemarketmechanism,withoutadministrativeintervention,themarketself-regulationfunctionisbetterplayed,maintainingthesmoothoperationoftheentirefinancialmarket,andeffectivelypromotingtheriskmitigationexplanationandinvestorconfidence.Inthefirsttwomonthsofthisyear,stocksandbondsontheexchangemarkettotaledabout1.3trillionyuan.Amongthem,38IPOshavebeenissued,raising72.4billionoffundsandre-financing90.1billion;theissuanceofbondmarketissuance1.1trillionyuan,anannualincreaseof30%.Moreimportantly,thecurrentoveralleffortstoraiseepidemicpreventionandcontrolandeconomicandsocialdevelopmenthaveachievedpositiveresults,andtherehavebeensignificantmarginalchangesintheindicatorsinMarch.Fromthesurveyofourlistedcompanies,theresumptionratehasexceeded98%,whichishigherthanthenationalaverage.Theliquidityofthefinancialmarketisreasonablysufficient,andthestockmarket’sestimatedlevelisatahistoricallylowlevel.Ingeneral,theimpactoftheexternalenvironmentisperiodic,andwillnotchangethetrendofChina’scapitalmarketgoingsmoothly.EditorYueCaizhou