On December 28, 2023, Dr. Fu Leiming, the Shenzhen regional head of the Fixed Income Department of CITIC Securities, was invited to the Business School to conduct in-depth exchanges with students majoring in financial management on the development, business and employment of China's bond market.

Dr. Fu introduced the origin of the development of China's bond market from the reform of the tax sharing system, then introduced the great development of local government bonds after the global financial crisis, and finally settled on the impact of local government financing policy changes on the bond market in recent years. Based on this timeline, Dr. Fu further introduces the size of the bond market and the evolution of mainstream securities, as well as the impact of monetary policy on the bond market. The lecture is closely related to the course content of monetary finance, vividly demonstrating the guidance and application of theoretical knowledge to financial practice for students. Some students also had a warm exchange with Dr. Fu on bond price fluctuations, bond investment, job requirements and abilities, etc.

Attachment: Introduction to CITIC Securities
Citic Securities Co., Ltd. was established in October 1995. It was listed on the Shanghai Stock Exchange in 2003 and on the Hong Kong Stock Exchange in 2011. It is the first A+H share listed securities company in China. Its largest shareholder is China CITIC Financial Holdings Co., Ltd. Its business scope covers securities, funds, futures, foreign exchange and bulk commodities. CITIC Securities has significant scale advantages and is the first securities company in China with assets exceeding one trillion yuan. Its main financial indicators have maintained the industry's first place for more than ten years, and its various businesses have maintained market leading position, accumulating extensive reputation and brand advantages in the domestic market.

Text: Zhang Yahui