On October 21, Shenzhen Futian Investment Holdings Co., Ltd. (hereinafter referred to as "Futian Investment Holdings") successfully had its RMB 3-billion three-year green and sustainable Hong Kong-issued CNH bond listed on SZSE's Greater Bay Area Bond Platform. This marks the first time a local SOE has a green and sustainability cross-border bond listed on the platform.
The establishment of the Greater Bay Area Bond Platform is a key effort of SZSE to implement major national policies such as the Opinions on Supporting Shenzhen in Building a Pilot Demonstration Area of Socialism with Chinese Characteristics and the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area. The platform aims to facilitate the high-level opening-up of the bond market and better serve the development of the Greater Bay Area and the pilot demonstration area. As of now, a total of 38 products have been listed on the platform, including 28 offshore local municipal bonds and 10 cross-border bonds issued by policy financial institutions.
The cross-border bond issued by Futian Investment Holdings is listed on both the SZSE Greater Bay Area Bond Platform and the HKEX, achieving a zero breakthrough as the first cross-border corporate bond to be listed on the platform. This broadens the range of listed products on the platform and strengthens its information disclosure function, which is conducive to further exploring the convergence of domestic and international bond market regulations.
SZSE remains committed to the principles of green and low-carbon development, focusing on enhancing the efficiency of sustainable financial services. Recently, a Sustainable Financial Service Platform has been launched on the SZSE official website. The funds raised from Futian Investment Holdings' green and sustainable cross-border bond will be used to support eligible green development and social responsibility projects. This is another concrete step by SZSE in advancing sustainable financial services and promoting green finance.
Looking ahead, SZSE will continue to implement the guiding principles of the Third Plenary Session of the 20th CPC Central Committee, the Central Financial Work Conference, and the new "Nine National Rules". Under the unified leadership of the CSRC, we will continue to leverage the functions of the Greater Bay Area Bond Platform and actively expand cross-border and green bond services. By accelerating the development of a multi-tiered bond market, we will steadily promote the institutional opening-up of the capital market.