Status and Future Development Strategies of Securities Issuance by Chinese Listed Companies

Yilin Wei

doi:10.54254/2754-1169/2025.LD25656

Advances in Economics, Management and Political SciencesOpen access

Status and Future Development Strategies of Securities Issuance by Chinese Listed Companies

Research Article

Open Access

Status and Future Development Strategies of Securities Issuance by Chinese Listed Companies

Yilin Wei ^1*

¹ Macau University of Science and Technology

^*Corresponding author: 1220022793@must.student.edu.mo

Published on 30 July 2025

AEMPS Vol.206

ISSN (Print): 2754-1177

ISSN (Online): 2754-1169

ISBN (Print): 978-1-80590-295-9

ISBN (Online): 978-1-80590-296-6

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Abstract

Currently, the Chinese bond market continues to expand in size, with corporate bonds emerging as a crucial channel for direct financing in the real economy. This study focus on the bond issurance of listed companies in China. It can be concluded that significant progress has been made in product innovation, as well as structural adjustments across regions and industries. Bond financing demonstrates multiple advantages in terms of cost, maturity, and pricing mechanisms. However, the development of the corporate bond market for listed companies faces several challenges, including higher financing costs for private enterprises, a regulatory system that requires strengthening, and the need for further expansion of issuance scale. To address these challenges, this paper proposes a two-pronged approach: first, institutional reforms, specifically the deepening of the registration-based system and the enhancement of pricing mechanisms, and second, a recommendation that enterprises transform their financing concepts and embrace innovative financing approaches. This research also indicates that although China's corporate bond market exhibits an upward development trend, existing problems still require attention and improvement.

Keywords:

Chinese corporate bond market, listed companies, registration-based system, pricing mechanisms, innovative financing approaches

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References

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References

[5]. Chen Guoping. (1998). The Current Situation and Development Ideas of the Zhejiang Securities Market. Zhejiang Economy (03), 48-50. doi: CNKI: SUN: ZHEJ.0.1998-03-022.

Cite this article

Wei,Y. (2025). Status and Future Development Strategies of Securities Issuance by Chinese Listed Companies. Advances in Economics, Management and Political Sciences,206,61-65.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

About volume

Volume title: Proceedings of ICEMGD 2025 Symposium: Digital Transformation in Global Human Resource Management

ISBN: 978-1-80590-295-9(Print) / 978-1-80590-296-6(Online)

Editor: Florian Marcel Nuţă Nuţă, An Nguyen

Conference website: https://www.icemgd.org/committee.html

Conference date: 26 September 2025

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.206

ISSN: 2754-1169(Print) / 2754-1177(Online)

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