Topic: Global Industrial Development Forum 2024
Global Industrial Development Forum 2024 will be held from May 23 to 24deuceswildcard, the theme is new productivity leading industrial transformation and upgrading. Qian Yujun, President of UBS China and Chairman of UBS Securities, attended and delivered a speech.
Qian Yujun introduced that UBS has been providing corporate financing services to Chinese companies since 1985 and was one of the first foreign-funded institutions to participate in the construction of China's capital market.“deuceswildcardI remember that in 1992, the B-share market was established, and UBS was the first foreign investment bank to help China's outstanding early-stage companies raise B-shares and list."
"We have always played a role in connecting international capital and China's investment opportunities, and have gradually helped China innovate and go global in the past two decades and build a two-way circulation bridge for capital and technology." Qian Yujun emphasized that UBS still continues to help China's leading companies in e-commerce, electric vehicle and battery industry chains, photovoltaic and other industries go abroad, seek financing opportunities in domestic and foreign capital markets, allocate resources, and enhance their brand power on an international scale.
"On the one hand, we provide services for high-quality companies to enter international capital markets through IPOs. On the other hand, we also assist listed Chinese companies to achieve development goals through overseas issuance of shares and bonds, as well as cross-border mergers and acquisitions, investment mergers and acquisitions, to obtain the funds needed for development, obtain new development opportunities, and ultimately open up domestic and foreign capital markets. Financing channels play a role in protecting and adding to the company's global brand reputation,"he said.
Qian Yujun also revealed that in the past ten years, UBS's private enterprise and emerging industry enterprise projects accounted for far more than two-thirds of investment banking business in the Chinese market. This is also a new highlight and key investment industry that the international capital market is seeking.
"This can also explain why the daily transaction volume of the Shenzhen Stock Exchange has reached 1.1% of that of the Shanghai Stock Exchange.deuceswildcard.3 to 1deuceswildcard.5 times. Because the Shenzhen Stock Exchange is the main non-state-owned private enterprises in many emerging industries where large-scale listings are held."For example, he said that in the Ningde era, there were also many leading companies in emerging industries in the technology category (TMT) that were listed on the Shenzhen Stock Exchange.
"Shanghai has made very good attempts in the past few years, which is the science and technology innovation board created by hundreds of outstanding listed companies. We at UBS are also fortunate to have done two exclusive sponsored projects in a row on the Science and Technology Innovation Board, and have also raised billions of RMB in equity funds for IPOs,"Qian Yujun said.
Sina statement: All meeting minutes are compiled in shorthand on the spot and have not been reviewed by the speaker. Sina posted this article for the purpose of conveying more information and does not mean that they agree with their views or confirm their descriptions.