头部机构出手：“白菜价”甩卖

Core Insights - Two leading consumer finance companies are accelerating the transfer of non-performing asset packages, with transfer prices as low as 0.35% of the original value [1][2] Group 1: Asset Transfer Details - Hangyin Consumer Finance Co., Ltd. announced a non-performing loan transfer with an unpaid principal and interest totaling 1.974 billion yuan, with an initial price of 70 million yuan, representing a discount of only 0.35% [2] - The asset package from Hangyin involves 88,000 borrowers and has an average overdue period of approximately 46 months [2] - Ant Consumer Finance Co., Ltd. also announced a non-performing loan transfer with unpaid principal and interest of about 1.18 billion yuan, involving 417,000 borrowers, with an initial price of 125 million yuan, reflecting a discount of about 10% [2] Group 2: Market Trends - As of October 21, 2023, 19 consumer finance companies have transferred 166 non-performing loan projects, with over 4.5 billion yuan in non-performing assets listed for transfer in October alone, averaging a transfer price of 6.17% of the original asset value [3] - The acceleration in asset transfers is attributed to the need for consumer finance companies to reduce historical burdens and focus on core business areas such as customer acquisition and risk control [4] Group 3: Regulatory and Market Factors - Regulatory measures since 2025 have encouraged asset management companies (AMCs) to increase their acquisition and management of non-performing assets, promoting a more efficient market for asset transfers [4] - Local AMCs are the primary buyers of these non-performing asset packages, and despite the challenges in asset disposal, they can achieve profitability due to low acquisition prices and specialized collection methods [5]