Securitisation in China - Characteristics and Difficulties

The characteristics of securitisation have made it popular in recent years, and there is an increasing demand of such financial instrument in Asia. In 2005, three securitisation deals have been put forward in China as signals of both new financial instrument as well as a potential solution to the cu...

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Main Author: Wan, Jianzhi
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2006
Subjects:
Online Access:https://eprints.nottingham.ac.uk/20241/
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author Wan, Jianzhi
author_facet Wan, Jianzhi
author_sort Wan, Jianzhi
building Nottingham Research Data Repository
collection Online Access
description The characteristics of securitisation have made it popular in recent years, and there is an increasing demand of such financial instrument in Asia. In 2005, three securitisation deals have been put forward in China as signals of both new financial instrument as well as a potential solution to the current Non-Performing Loan problem existed in the Chinese banking industry. This paper will review the current securitisation process in China based on analyzing those three securitisation issuances, namely China United Telecommunication, China Development Bank and China Construction Bank, and compare such process with UK and US to discuss the unique characteristics of securitisation in China, as well as the benefits of Chinese securitisation to the participants involved. In addition, even if the securitisation represents a step forward in the current financial reform, there are still risks & obstacles faced. This paper will evaluate the current difficulties faced and suggest possible solutions accordingly.
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spelling nottingham-202412018-02-23T19:52:19Z https://eprints.nottingham.ac.uk/20241/ Securitisation in China - Characteristics and Difficulties Wan, Jianzhi The characteristics of securitisation have made it popular in recent years, and there is an increasing demand of such financial instrument in Asia. In 2005, three securitisation deals have been put forward in China as signals of both new financial instrument as well as a potential solution to the current Non-Performing Loan problem existed in the Chinese banking industry. This paper will review the current securitisation process in China based on analyzing those three securitisation issuances, namely China United Telecommunication, China Development Bank and China Construction Bank, and compare such process with UK and US to discuss the unique characteristics of securitisation in China, as well as the benefits of Chinese securitisation to the participants involved. In addition, even if the securitisation represents a step forward in the current financial reform, there are still risks & obstacles faced. This paper will evaluate the current difficulties faced and suggest possible solutions accordingly. 2006 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/20241/1/06MAlixjw12.pdf Wan, Jianzhi (2006) Securitisation in China - Characteristics and Difficulties. [Dissertation (University of Nottingham only)] (Unpublished) Securitisation China.
spellingShingle Securitisation
China.
Wan, Jianzhi
Securitisation in China - Characteristics and Difficulties
title Securitisation in China - Characteristics and Difficulties
title_full Securitisation in China - Characteristics and Difficulties
title_fullStr Securitisation in China - Characteristics and Difficulties
title_full_unstemmed Securitisation in China - Characteristics and Difficulties
title_short Securitisation in China - Characteristics and Difficulties
title_sort securitisation in china - characteristics and difficulties
topic Securitisation
China.
url https://eprints.nottingham.ac.uk/20241/