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BMW eyes big role in Chinese ABS as Ping An Bank seeks retail investors

By Tom Porter
19 Jun 2014

Ping An Bank is set to issue the first asset backed security to be listed on the Shanghai Stock Exchange as the quest for a broader investor base in Chinese ABS intensifies. BMW has told GlobalCapital it hopes to be a big part of that growth after printing the first renminbi auto ABS from a European car maker last week.

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By Tom Porter
19 Jun 2014