Core Insights - In July 2025, the China Securities Investment Fund Industry Association (CSRC) reported that the newly registered Asset-Backed Securities (ABS) totaled 1440.49 billion RMB, with 153 new registrations [1] - The top three ABS underlying assets by registration scale were financing lease receivables (313.66 billion RMB), accounts receivable (309.34 billion RMB), and small loan receivables (247.95 billion RMB) [1] - As of the end of July 2025, there were 2557 ABS in existence, with a total scale of 21646.76 billion RMB [1] ABS Market Overview - The newly registered ABS included 6 public REITs focused on infrastructure, amounting to 147.33 billion RMB [1] - The existing ABS related to infrastructure public REITs totaled 79, with a scale of 1951.3 billion RMB [1] - The combined scale of ABS related to accounts receivable, real estate holding ABS, CMBS (Commercial Mortgage-Backed Securities), financing lease receivables, and small loan receivables accounted for 17066.48 billion RMB, representing 78.84% of the total existing scale [1]
中基协：7月ABS新增备案规模逾1400亿元
Zhong Guo Xin Wen Wang·2025-08-27 11:36