It is reported that with the recent release of the first domestic exchange ABS "Baidu-Changan Xinsheng-Tianfeng 20 17 Asset Support Special Plan" based on blockchain technology, the rapid development of asset securitization products mainly benefits from three reasons: the diversification of securitization basic assets, the continuous innovation of product design and the strong support of regulatory authorities.

The report believes that with the development of asset securitization business becoming more and more routine, its underlying basic asset types are more abundant. Overall, in recent years, the composition of basic assets has blossomed in an all-round way. Lease rent, trust beneficiary right, factoring creditor's right, bill beneficiary right, commercial real estate mortgage loan, policy pledge loan and personal consumption loan have all become important sources of basic assets.

In recent years, commercial real estate mortgage-backed securities (CMBS) and consumer financial asset securitization products have been gradually popularized, and the design of circulating pool structure has been widely used. Asset securitization is constantly innovating in product structure design, and the types of investors and sponsors are constantly enriched and expanded, which has also become an important driving force for the great development of ABS.

In addition, the types of sponsors of asset securitization products are more abundant. In addition to the accelerated penetration of internet finance into the asset securitization market, more and more private financing enterprises set foot in the ABS market and seek new financing channels. Institutions and internet companies are more active in seeking financing opportunities in ABS market.

I hope the ABS market can develop rapidly and healthily!