Short-term financing bonds refer to the securities issued and traded by enterprises in the inter-bank bond market, and agreed to repay the principal and interest within one year. SCP refers to ultra-short-term financing bonds, which are short-term financing bonds issued by non-financial enterprises with legal personality and high credit rating in the inter-bank bond market within 270 days.
Equity financing The equity financing of securities companies mainly refers to the public offering and listing of shares of capital securities companies when securities companies are established or increase their capital and shares, and the use of equity financing by securities companies in the course of operation. Equity financing has the characteristics of permanence, no repayment due date, and no pressure to repay the principal and interest. It has become an important way for securities companies to raise long-term funds and is a necessary financing ability for their long-term development. This financing method can also promote enterprises to change their operating mechanism and truly become the main body of market competition with self-management, self-financing, self-development and self-restraint.