The Pass-Through of the Risk Within the Asset-Backed Securitization in China Taking the Huaxia Bank as an Example
Asset-backed security (ABS) is a financial instrument like a bond that pays principal and interest to investors from the cash flow or residual equity generated by the underlying asset pool. Unlike stocks and general bonds, asset-backed securities are not claims on the interests of an operating entity but on the cash flow and residual equity generated by the underlying asset pool, a security backed by the asset's credit. China's asset securitization products mainly include credit asset securitization, enterprise asset securitization, and asset-backed bill (ABN), among which the credit asset securitization and enterprise asset securitization stock scale are relatively large. The paper investigates the Asset-backed security market in China, focusing on its development. Using Huaxia Bank as a case study, we research the structure, participants, risk transfer mechanisms, and regulation of ABS.
Authors
- L. Zhang
- Ziming Guo (ORCID: https://orcid.org/0000-0002-2962-6387)
- Zhoubing Ye
Institutions
- Beijing Chaoyang Emergency Medical Center (CN)
- Hangzhou Dianzi University (CN)
- School of Visual Arts (US)
Publication Details
- Journal
- Advances in Economics Management and Political Sciences
- Published
- 2025-09-16
- DOI
- https://doi.org/10.54254/2754-1169/2024.26912
- Primary Topic
- Insurance and Financial Risk Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00