The Applied Research Of Offshore Securities Finance

Capital to be securities is the most important project about finance creation in international finance area in recent years. Compared with traditional stock financing and bond financing, it will be more appropriate, and provide a effective financing way for the enterprise which has a lot of receivables or difficult to finance in traditional way.There are five parts in the thesis, the first part include basic theory and primary principle and core theory of the capital to be securities, meanwhile to analyze the type and structure in the capital to be securities and sorts of special key technology in it; In second part the develop history in the capital to be securities in external and internal will be analyzed, and main questions of it in our country so far have been existed; The third part contents main financing model of internal enterprises, and Z group financing structures and models will be discussed.; The fourth part is the hardcore of the paper including the key technology and trade procedure on how to deal with offshore capital to be securities by Z groups, which economic guideline, financing cost in our country will be analyzed and discussed; The fifth part: obstacles faced with in developing capital to be securities will be discussed and according to the case of offshore capital to be securities-receivable count securities of Z group schemes out utilizing the model of capital to be securities financing of internal enterprise.At the base of introducing the basic operation structure , core theory , key technology of the Capital to be securities, this paper uses compare method to analyze the need of the Capital to be securities and the feasibility of implement. Then looking at Z group as the object, the paper designs and arrange the financing model of offshore Capital to be securities-an effective way of developing Capital to be securities, and the relative issues in now station of our country.Capital to be securities has been important part of capital market in Europe and American. In our country, the push of the Capital to be securities is difficult because of a lot of obstacles. This paper proposals an effective and feasible way of capital to be securities for enterprises in now station of our country. There fore the national enterprises could be excused from restrictions such as the legislation, levenue polices, maket construction and so on, finally achieved the good of financing. In addition to this, foreign capital could come into china maket in the same way. On the whole, this measure mentioned above would further the improvement and development of the national capital securililization market.