Liguang Zhang, Yan Guo. Internal Logic, Practical Difficulties and Development Strategies of China's Financial Asset-Backed-Securities[J]. JOURNAL OF UNIVERSITY OF JINAN (Social Science Edition), 2019,29(3):75-85.
Liguang Zhang, Yan Guo. Internal Logic, Practical Difficulties and Development Strategies of China's Financial Asset-Backed-Securities[J]. JOURNAL OF UNIVERSITY OF JINAN (Social Science Edition), 2019,29(3):75-85.DOI:
Financial Asset-backed-securities is an important part of China's financial reform. After years of reform pilot
the market scale has been greatly improved
the product structure is increasingly rich
the team of investors is expanding. Information disclosure
trading rules and intermediary services are basically established. There are still many problems in China's financial Asset-backed-securities in the legal system
basic assets
market level
liquidity and operating cost
due to the excessive reliance on policy driven and more policy goals. The deep contradiction including the low development level of the securitization market and the high cost of friction is constantly showing up
which restricts the normal functioning of the market function. Next
China's financial Asset-backed-securities market needs to improve institutional framework
product category
investor team
information disclosure and credit evaluation system.