Interest in securitization growing in China

Morgan Stanley tie-up with China Construction Bank signals growing demand for ABS products in PRC.

As part of the agreement between Morgan Stanley and China Construction Bank (CCB) to jointly handle the resolution of an RMB4.3 billion ($520 million) portfolio of non-performing assets originated by the former, the US investment bank will train CCB on how securitization may be used in the disposal of distressed assets.

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