Easier securitization process coming soon
By Gao Changxin in Shanghai | China Daily | Updated: 2014-08-01 07:09
Regulator reportedly streamlining issuing of asset-backed securities
The China Securities Regulatory Commission will streamline procedures for the issue of asset-backed securities by brokerage firms, the National Business News reported on Thursday.
The move could mean a huge expansion in a pilot program that has led to issues of 250 billion yuan ($40.5 billion) so far.
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