China’s first small-loan securitisation makes debut

The product released by Alibaba opens the way for small loan companies in China to raise funds directly from capital markets, providing more options than traditional methods
“Alibaba No.1” and “Alibaba No.2”, as the products are called - which are backed by loans made by Alibaba’s financial arm - have each raised Rmb500 million.
“Alibaba No.1” and “Alibaba No.2”, as the products are called - which are backed by loans made by Alibaba’s financial arm - have each raised Rmb500 million.
September 23, 2013

Alibaba Small and Micro Financial Services Group, a small loan subsidiary of China’s biggest e-commerce company, on Wednesday listed a bundle of loan securitisation products in Shenzhen, the first from a smaller lender.

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