Business · Markets · 10 hrs ago

Sichuan expands capital-market support for businesses and innovation

Sichuan expands capital-market support for businesses and innovation

Sichuan’s securities regulator is working to connect finance with the real economy and support innovation in the Chinese province.

A three-year plan for 2026 to 2028 aims to help companies go public and listed firms restructure.

Three companies listed on China’s A-share market this year, while 13 more received support as they prepare to list.

Listed companies recorded 26 mergers and restructuring deals worth an expected 15.3 billion yuan, and paid 48.8 billion yuan in cash dividends.

Their revenue and profits rose in the first three quarters, by 8.9% and 12.9% year on year.

Businesses in Sichuan raised more than 250 billion yuan through bonds this year, including nearly 100 billion yuan in newer types such as green and technology bonds.

The regulator also backed new investment funds and financing events, aiming to direct more long-term capital towards companies and industries in Sichuan.

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