Shanghai enterprises have utilized the capital market to raise nearly 400 billion yuan, and since 2023, equity | funds | enterprises
The reporter learned from the Shanghai Securities Regulatory Bureau that since the beginning of this year, 126 enterprises in Shanghai have used the capital market to raise a total of 391.2 billion yuan.
Among them, 29 equity financing sessions were achieved, raising 61.45 billion yuan; 97 bond financing sessions were achieved, raising 329.75 billion yuan. By industry, all 12 IPO listed companies belong to strategic emerging industries, raising 13.7 billion yuan. Overall, there are currently 431 listed companies in Shanghai, and 142 strategic emerging industries such as new generation information technology, biology, high-end equipment manufacturing, and new energy, accounting for about 1/3, achieving a virtuous cycle of technology, industry, and capital.
In addition, a total of 232 enterprises in Shanghai have entered the counseling and registration process, with a total planned fundraising of over 257 billion yuan, including 83 on the Science and Technology Innovation Board, 70 on the Growth Enterprise Board, 50 on the Main Board, and 29 on the Beijing Stock Exchange.
Behind the smooth financing of enterprises is the further manifestation of the effect of Shanghai's institutional agglomeration and preferred location. Since the beginning of this year, Guojin Asset Management and Schroder Fund have successively opened new businesses in Shanghai, and foreign-owned public fund company Lianbo Fund has been approved for establishment. According to statistics from the Shanghai Securities Regulatory Bureau, as of the end of July, there were 32 securities companies, 36 futures companies, 71 public fund managers, 1178 branch offices, and 4009 registered private fund managers in Shanghai, with the number of legal entities ranking first in the country.
The effectiveness of these institutions in supporting the development of the real economy and science and technology innovation enterprises is also constantly improving. Since the beginning of this year, the Shanghai Securities Regulatory Bureau has supported Huitianfu and Huatai Bairui in successfully issuing state-owned enterprise themed ETFs, and supported Hua'an Zhangjiang Guangda Park REIT to become one of the first public REIT expansion and listing projects. As of the end of June, the number of corporate clients of futures companies in Shanghai reached 70200, accounting for 42.4% nationwide. According to preliminary statistics, customers engaged in hedging account for about 30% of their equity, with a more reasonable structure of traders and more effective market functions. Connect the "first mile" and support Shanghai private equity venture capital funds to invest in physical enterprise projects, with a principal investment exceeding 1 trillion yuan, effectively promoting the formation of equity capital. Deepen the pilot of private equity share transfer in regional equity markets, with 59 share transfer projects currently launched, ranking first in the national regional equity market in terms of amount and scale.
It is worth mentioning that the Shanghai capital market adheres to a dual drive of development and regulation. In the first half of this year, the Shanghai Securities Regulatory Bureau completed a total of 134 on-site inspections, achieving full coverage of various market entities such as listed companies, securities, fund and futures operating institutions, private fund managers, and accounting firms. We have dealt with illegal institutions and personnel quickly and strictly, implemented administrative supervision measures in 104 cases, investigated and dealt with 25 cases of illegal activities such as financial fraud, information fraud, insider manipulation, and "rat silos", and made 27 administrative penalty decisions and prior notices, an increase of 60%, 14%, and 42% year-on-year. Completing the first administrative penalty against accounting firms in the Shanghai region, further enhancing the law enforcement deterrence against illegal and irregular behavior of intermediary agencies. Strengthen the connection of execution, transfer 4 suspected criminal cases, and efficiently complete the investigation and handling of 3 cases transferred by the public security organs.
