Shenzhen Stock Exchange: Since 2022, Shenzhen Supports Real Estate Companies to Issue Corporate Bonds Totalling 77.33 Billion Yuan

The Shenzhen Stock Exchange plays the direct financing function of the capital market and actively supports the reasonable financing needs of the real estate industry. Since 2022, Shenzhen has supported real estate companies to issue corporate bonds totalling 77.33 billion yuan. At the same time, the Shenzhen Stock Exchange also encourages and guides market institutions to provide credit enhancement support for bond financing of private enterprises, including private real estate enterprises, individually or jointly with China Securities Finance. Through the implementation of the new credit-enhancing model of "central-local cooperation" between real estate companies, a total of 8 relevant credit protection contracts or certificates have been reached, with a total nominal principal of 1.24 billion yuan, leveraging real estate companies to raise more than 3 billion yuan.