Resumen de China auto ABS revives securitisation optimism.
The article reports on the decision by the financial regulatory authorities in China to give automobile finance companies a total quota of 400 billion renminbi to issue automobile asset-backed securities in an effort to encourage the growth of a securitization market (SM). Topics covered include the positive implication of the initiative for the Asian securitization and structured finance markets, and the factors hindering the development of the country's SM.
