Tuesday, March 24, 2020

Chinese Consumer Finance Firms Rush to Raise Money via ABS Amid Coronavirus


By Reuters
NYT World
Chinese consumer finance companies are rushing to fund lending by selling asset-backed securities (ABS) as they join banks in a government-led campaign to boost consumption in an economy ravaged by the coronavirus outbreak.
Published date: March 24, 2020 at 03:08PM
Reuters
New York Times article

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