News Snapshot:
China Securities Regulatory Commission: Support more qualified companies to use supply chain finance ABS financing Original title: China Securities Regulatory Commission: Support more qualified companies to use supply chain finance ABS financing Summary [CSRC: Support more qualified companies to use supply chain finance ABS financing]The China Securities Regulatory Commission stated in its response to Proposal No. 4666 at the third meeting of the 13th CPPCC National Committee that as of the end of May 2020, supply chain finance A total of 924 ABSs were issued, with a financing amount of 614.1 billion yuan, which effectively revitalized corporate accounts receivable, improved...
