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ChinaChina Securitization

Auto trio target different buyers amid supply rush

Auto_ABS_AdobeStock_575x375_03March20

Ford Automotive Finance (China), Dongfeng Nissan Auto Finance Co and domestic Chinese originator BYD Auto Finance Co competed head-to-head in the onshore auto loan asset backed securities market this week, but a strategy of targeting different investors helped bankers manage the competing supply, Addison Gong reports.

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