Small Loan Management Or Securitization Of Small Pilot

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Asset securitization products have been fined recently.

It is reported that Dongfang Securities Asset Management Co., Ltd. Dongfang information management - Alibaba 10 special asset management plan was established, raising funds of 500 million yuan.

At this point, the 1~10 program of the Tung Yin capital management Alibaba has been completed and each of them has reached the upper limit of 500 million yuan in the scale of raising funds, and the total scale of raising funds has reached 5 billion yuan.

With the recent assets

The release of the draft for business management stipulates that analysts believe that the asset securitization business of securities firms is expected to usher in a good development space and become an important way to revitalize the stock assets in China, and also an important innovation in opening the asset management space of securities companies.

Statistics show that TSE capital management -

The special plan of 1~10 was approved by the China Securities Regulatory Commission at the end of June 2013. It is the first small loan asset securitization product in the industry. The size of each special plan is 200 million to 500 million yuan, and the total amount of fund raising is between 20 and 5 billion yuan.

In this special plan, Orient Securities Asset Management Co., Ltd., as a manager, raises funds by way of setting up a special asset management plan, and purchases small loan assets of the small loan company of Ali small and micro financial services group.

It is understood that as far as the present, the 1~9 securities special priority asset backed securities, which has been established before, has been listed on the Shenzhen Stock Exchange. The institutional investors holding the Shenzhen A share securities account and fund account can participate in the pfer business through the special asset management plan trading area of the Shenzhen stock exchange comprehensive agreement trading platform.

However, although Ali's small loan has made a good start in asset securitization, it does not mean that the path of securitisation of small loans will be smooth sailing.

Du Xiaoshan, deputy director of the Institute of rural development of the Academy of Social Sciences, believes that the number of small loan companies is huge, and the strength of shareholders, personnel quality and level of wind control are also uneven. Therefore, regulators may not be fully liberalized. In the future, a small loan enterprise will be recommended by the local financial office.

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Simple index ups and downs can not fully demonstrate the changes in the A share market over the past 7 years, nor does it mean that the whole market is not good enough. According to the statistics of journalists, although the index and the stock market value are very different from those at 6124, however, if we look at the single stock market, 782 of the 1470 stocks listed at that time exceeded 6124 points, accounting for 53.20%.

Of the 782 stocks that traversed the bull market, 253 stocks rose more than seven years ago, accounting for nearly 20%.

In the seven year bear market since 6124, the best performance is undoubtedly Pingtan's development.

Due to the reorganization of operations, SST, Changyuan, the predecessor of Pingtan's development, has stopped trading since April 28, 2006. As a result, many investors in Pingtan have lost the opportunity to rush for gold in the big bull market from 2006 to 2007.

However, perhaps it is because there is no overdraft in the super bull market. When SST Changyuan resumed its name in April 18, 2008, it changed its name to ST Zhongfu, and its share price jumped 1164.71%.

In May 6th of this year, Zhongfu industry was renamed Pingtan's development again. Although it is not the bull market in the past few years, the stock price of Pingtan's development has risen 2280.15% after 6124 points as of yesterday's close. It has become the biggest winner since the seven year bear market.