ABS in the spotlight as China deleverages

Chinese banks and corporations are making use of the fast-growing asset-backed securitization (ABS) market to aid the country’s deleveraging efforts, analysts told GlobalRMB.

  • By Noah Sin
  • 07 Nov 2017
While there was no explicit mention of deleveraging through ABS during the recent 19th National Congress of the Communist Party of China, policymakers have made it clear they want capital markets to move to the forefront of funding activities, Alexander Batchvarov, head of international structured finance research, Bank ...

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2 CITIC Securities 21.52
3 China CITIC Bank Corp 9.93
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5 Industrial and Commercial Bank of China (ICBC) 7.73

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1 Standard Chartered Bank 31.63
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3 HSBC 14.01
4 JP Morgan 13.39
5 Credit Agricole 11.30

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