Analysis of the Current Situation of Asset Securitization of State-Owned Enterprises in China
Abstract
With the rapid development and progress of China's economy, state-owned enterprises have also carried out reforms. As an important part of the reform, securitization has promoted the reform of state-owned enterprises. Securitization will issue private securities backed by financial or other assets with poor liquidity, and pay principal and interest based on predictable and continuous cash flow income. The issuer purchases assets, forms an asset pool and issues asset-backed securities. This paper focuses on the achievements of the reform of state-owned enterprises in China, indicates the problems and puts forward improvement suggestions in the process of securitization reform.
References
Gao J. Research on securitization of brand assets of state-owned enterprises (in Chinese). Journal of Brand Research 2019; (11): 51-52.
Wu M. Research on asset securitization of state-owned enterprises in northeast China (in Chinese). Journal of Jilin University 2017; 17-19.
Wei Q. Research on asset securitization of state-owned enterprises (in Chinese). Modern Marketing 2019; (2): 44-45.
Qu J. Problems and countermeasures in asset securitization of state-owned enterprises (in Chinese). Chinese Market 2015; (28): 146+152.
Feng C. Research on the operation mechanism of asset securitization of Chinese enterprises (in Chinese). Yunnan University of Finance and Economics 2014; (20): 21.
Lu J. A preliminary analysis of asset securitization in state-owned enterprises-taking Shanghai as an example (in Chinese). Fudan University 2012; 27-28.
Jia C. Research on the existing problems and countermeasures of asset securitization in China (in Chinese). China Economist 2009; (9): 13-14.
Chen X. Discussion on the role of asset securitization in promoting the reform of state-owned enterprises (in Chinese). Enterprise Reform and Management 2018; (4): 124-132.
Wang C. A brief discussion on the basic path of asset securitization financing in state-owned enterprises (in Chinese). Western Finance and Accounting 2017; (12): 41-43.
Luo F. The application of asset securitization in promoting the reform of state-owned enterprises. Low Carbon World 2017; (24): 230-231.
Copyright (c) 2020 Financial Forum
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
