Industry insiders predict that the issuance and trading volume of China's technology innovation bonds market will maintain rapid growth in the future.

Under the support of policies, many securities firms have successively issued their own first batch of sci-tech innovation bonds. At the same time, Securities Times noted that two securities firms, West Securities and GF Securities, renamed their corporate bonds as sci-tech innovation bonds and issued them with an amount not exceeding 10 billion yuan. It is worth mentioning that behind the renaming of the bonds, there are huge differences in the use of raised funds. Previously, the funds raised by the bonds were mostly used for debt repayment. However, after renaming the bonds as sci-tech innovation-related varieties, both securities firms stated that they plan to allocate not less than 70% of the raised funds, through equity, bond, fund investments, and other forms, to specifically support the field of technological innovation, to supplement company operating funds or working capital. Industry experts believe that under the strong push of policies, it is expected that the issuance and trading volume of sci-tech innovation bonds in China will continue to grow rapidly in the future. This will not only provide more financial support to various technology enterprises, but also improve the variety structure of the credit bond market in China and alleviate the current "asset shortage" situation in fixed income investments.