Huarong AMC to launch Rmb1.238bn ABS

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Huarong AMC to launch Rmb1.238bn ABS

China Huarong Asset Management Corporation (AMC), one of China’s big four AMCs, is set to auction Rmb1.238bn ($205m) in asset-backed securities on January 17. This is will be the first ABS deal from an AMC since China reopened the country's ABS market in 2012.

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