近日，中國證(zheng)(zheng)(zheng)(zheng)監會決定將證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)(gong)司(si)(si)(si)短(duan)期公(gong)(gong)(gong)(gong)司(si)(si)(si)債(zhai)券(quan)(quan)業(ye)務(wu)(wu)試(shi)點范(fan)圍(wei)擴(kuo)展(zhan)至所(suo)有證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)(gong)司(si)(si)(si)，同時(shi)，允許證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)(gong)司(si)(si)(si)開展(zhan)融(rong)(rong)資融(rong)(rong)券(quan)(quan)收益(yi)權資產證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)化(hua)業(ye)務(wu)(wu)，進一(yi)步拓寬(kuan)證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)(gong)司(si)(si)(si)融(rong)(rong)資渠道，支(zhi)持證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)(gong)司(si)(si)(si)業(ye)務(wu)(wu)穩步開展(zhan)。為(wei)此，上(shang)(shang)交(jiao)所(suo)積(ji)極落實上(shang)(shang)述兩(liang)項(xiang)(xiang)業(ye)務(wu)(wu)。例如，上(shang)(shang)交(jiao)所(suo)提高證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)(gong)司(si)(si)(si)短(duan)期公(gong)(gong)(gong)(gong)司(si)(si)(si)債(zhai)券(quan)(quan)業(ye)務(wu)(wu)的(de)處理(li)效率(lv)：目前(qian)已(yi)有多家兩(liang)融(rong)(rong)余(yu)額排名靠前(qian)的(de)證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)(gong)司(si)(si)(si)已(yi)聯系上(shang)(shang)交(jiao)所(suo)咨詢兩(liang)融(rong)(rong)資產證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)化(hua)業(ye)務(wu)(wu)流(liu)程及(ji)方案要點，上(shang)(shang)交(jiao)所(suo)亦大力支(zhi)持并協助其(qi)準備、完善兩(liang)融(rong)(rong)資產證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)化(hua)項(xiang)(xiang)目。

　　據了解，一方(fang)面，上交所切實促進證(zheng)券公司(si)(si)(si)短(duan)期(qi)公司(si)(si)(si)債券業(ye)務開(kai)展。自去年中國證(zheng)監會發布(bu)20家(jia)證(zheng)券公司(si)(si)(si)試點發行(xing)(xing)(xing)短(duan)期(qi)公司(si)(si)(si)債券相關(guan)通知以來，上交所積極推動該(gai)業(ye)務的(de)咨(zi)詢、輔導、備案和掛牌轉讓等工作，并于(yu)近期(qi)將短(duan)期(qi)公司(si)(si)(si)債券納入非公開(kai)發行(xing)(xing)(xing)公司(si)(si)(si)債券業(ye)務管理，繼續(xu)為證(zheng)券公司(si)(si)(si)提供短(duan)期(qi)融(rong)資服務。截(jie)至目前，已(yi)有累(lei)計13家(jia)證(zheng)券公司(si)(si)(si)（含證(zheng)金公司(si)(si)(si)）在上交所申(shen)報發行(xing)(xing)(xing)短(duan)期(qi)公司(si)(si)(si)債券，備案金額達(da)1464億元；其(qi)中27只已(yi)完(wan)成發行(xing)(xing)(xing)，發行(xing)(xing)(xing)金額合計914億元，加權平均利率為5.35%。

　　此次擴大試點范(fan)圍至所(suo)有證(zheng)券(quan)(quan)公司(si)后，證(zheng)券(quan)(quan)公司(si)更是反應積極(ji)，不少已主動(dong)(dong)聯(lian)系上交所(suo)咨詢相關業(ye)務流程。上交所(suo)對業(ye)務試點擴容表(biao)示積極(ji)支(zhi)持，將在(zai)項目(mu)申(shen)報(bao)管(guan)理上提(ti)高處理效率，項目(mu)材料(liao)齊備的(de)，將由專人(ren)負責，并在(zai)5個工作日內(nei)出具掛(gua)牌轉讓無異議(yi)函(han)，大力推(tui)動(dong)(dong)證(zheng)券(quan)(quan)公司(si)短期公司(si)債券(quan)(quan)業(ye)務的(de)全面鋪開。

　　另一方面，上交所(suo)全(quan)力推動(dong)證(zheng)券公(gong)(gong)(gong)司(si)兩(liang)融資(zi)(zi)(zi)產證(zheng)券化(hua)業(ye)務(wu)落(luo)實。近年(nian)來，證(zheng)券公(gong)(gong)(gong)司(si)融資(zi)(zi)(zi)融券業(ye)務(wu)市(shi)場規(gui)(gui)模快速增長(chang)。截至今年(nian)6月底(di)，滬深兩(liang)市(shi)融資(zi)(zi)(zi)余(yu)額已接近2萬(wan)億元，其中滬市(shi)融資(zi)(zi)(zi)余(yu)額為1.27萬(wan)億元。總體上，兩(liang)融業(ye)務(wu)的(de)(de)(de)風險控制措施較為完善，屬(shu)于證(zheng)券公(gong)(gong)(gong)司(si)的(de)(de)(de)優質資(zi)(zi)(zi)產。兩(liang)融資(zi)(zi)(zi)產證(zheng)券化(hua)是將證(zheng)券公(gong)(gong)(gong)司(si)融資(zi)(zi)(zi)融券業(ye)務(wu)中產生的(de)(de)(de)融出資(zi)(zi)(zi)金債權進(jin)行資(zi)(zi)(zi)產證(zheng)券化(hua)，可以(yi)盤活(huo)證(zheng)券公(gong)(gong)(gong)司(si)的(de)(de)(de)優質存量資(zi)(zi)(zi)產，為證(zheng)券公(gong)(gong)(gong)司(si)提(ti)供合規(gui)(gui)和低成本(ben)的(de)(de)(de)融資(zi)(zi)(zi)渠道，可促進(jin)融資(zi)(zi)(zi)融券業(ye)務(wu)的(de)(de)(de)良(liang)性(xing)循環。

　　前(qian)期，在中國證(zheng)(zheng)(zheng)(zheng)監會的(de)(de)指(zhi)導下，上(shang)(shang)交(jiao)所(suo)已與(yu)相關證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)司(si)對兩(liang)(liang)融(rong)資產(chan)(chan)證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)化(hua)的(de)(de)可行性進行了(le)論證(zheng)(zheng)(zheng)(zheng)，并(bing)形成了(le)較為成熟的(de)(de)項目方(fang)案(an)。證(zheng)(zheng)(zheng)(zheng)監會宣布允許證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)司(si)開展兩(liang)(liang)融(rong)資產(chan)(chan)證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)化(hua)業務后，多家(jia)兩(liang)(liang)融(rong)余(yu)額排(pai)名靠前(qian)的(de)(de)證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)司(si)已聯系(xi)上(shang)(shang)交(jiao)所(suo)咨詢相關業務流程(cheng)及方(fang)案(an)要(yao)點，并(bing)積極(ji)準備(bei)兩(liang)(liang)融(rong)資產(chan)(chan)證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)化(hua)項目。上(shang)(shang)交(jiao)所(suo)將大力支持(chi)證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)司(si)開展兩(liang)(liang)融(rong)資產(chan)(chan)證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)化(hua)業務，協助(zhu)證(zheng)(zheng)(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)司(si)完善項目方(fang)案(an)，提高掛牌轉讓(rang)申請受理效(xiao)率，同時做好業務開展中的(de)(de)風(feng)險把(ba)控。