Title :
Auto Loan-Backed Securitization in China
Author :
Feng, Xu ; Long, Zhao
Author_Institution :
Res. Center of Financial Eng., South China Univ. of Technol., Guangzhou, China
Abstract :
This paper analyzes the principle of asset-backed securitization of Auto Loan and studies the implementation details of the securitization through analysis of Auto Loan Backed Securitization Project of General Motor (China). Conclusions were made that it is feasible to carry out auto loan-backed securitization in China. With the development of intermediate agencies and regulations, auto loan-backed securitization will provide financial support to the consumers as well as a new instrument to investors in China.
Keywords :
finance; General Motor; asset backed securitization; auto loan; Computer aided software engineering; Government; Industrial economics; Instruments; Manufacturing industries; Marketing and sales; Paper technology; Protection; Security; Vehicles; Asset-Backed Securitization; Auto Loan; China; SPV;
Conference_Titel :
Advanced Computer Control (ICACC), 2010 2nd International Conference on
Conference_Location :
Shenyang
Print_ISBN :
978-1-4244-5845-5
DOI :
10.1109/ICACC.2010.5486932