Date
17 October 2017

Beijing to lead asset securitization trial, paper says

China has the business conditions as well as genuine demand to develop a new business in asset securitization, the China Securities Journal cited senior officials as saying. The central government and the China Securities Regulatory Commission (CSRC) will offer necessary policy support for the development and growth of such business, especially in Beijing which will serve as an innovation test-bed for the country, the report said Monday, citing CSRC Beijing bureau’s deputy director Chen Zhen, the Beijing Municipal Bureau of Financial Work’s deputy director Zhang Youlin, and the Shanghai Stock Exchange deputy general manager Liu Shaotong.

– Contact HKEJ at [email protected]

EL/AC/RC

 

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