Research On Securitization Of Financial Leasing Assets

Financial leasing asset securitization as a way of financing in China’s late development,and in the implementation process twists and turns.In China’s financial leasing asset securitization market,there have been three major historical events,China’s financial leasing market had an important impact.The first time in December 2004,the Ministry of Commerce Foreign Affairs Division announced to allow foreign investors in China’s financial leasing market wholly-owned financing leasing company,the change,to relax the financing of foreign financial leasing market,foreign investment for China’s financial leasing market into the Fresh blood;the second historical event is the Ministry of Commerce and the State Administration of Taxation jointly approved the domestic 153 financial leasing pilot company,and in May 2006 re-approved the 11 pilot companies,the policy changes to China’s financial leasing industry to enter The third historical event is in January 2007,the CBRC issued a revised "financial leasing company management approach",the reform of the law re-allowed the domestic commercial banks to financial leasing intervention,and And subsequently approved the establishment of a financial leasing subsidiary under the jurisdiction of a commercial bank.The three historic changes have provided the financial leasing industry with a full range of support from foreign,domestic and banks to help China’s financial leasing industry go to a healthy track.Since then,China’s financial leasing industry ignited the new machine,in the development process more and more standardized and healthy.However,the financial leasing industry in its development process is still faced with many problems,one of the most important is the financing channels are too single and short-term debt to support long-term business assets and liabilities structure there is asymmetry,greatly hindered China’s financial leasing industry health development of.In March 2013,the state once again shot to reorganize the financial leasing industry market,the Commission promulgated the "securities company asset securitization business management regulations",marking China’s asset securitization began to embark on a new level.TheThis paper mainly focuses on the research background and current situation of the research.The second part mainly elaborates the relevant theories of securitization of finance leasing assets.Firstly,it introduces the financial leasing,asset securities And then elaborates the concept of financing leasing asset securitization,the competitive game analysis,the principle of leasing asset securitization.The third part mainly reviews the current situation of the development of China’s financial leasing asset securitization,analyzes the future development trend of China’s financial leasing asset securitization,and puts forward the significance of finance leasing asset securitization in our country.This paper analyzes the financial situation of asset securitization of Haitong XX leasing company,and puts forward the necessity of securitization of finance leasing assets according to its financial situation.Finally,The fifth part is to construct the operation mechanism of securitization of financial leasing assets and put forward the mechanism of risk prevention.Finally,the first is to discuss the mechanism of financial leasing assets securitization.Six parts of China’s financial leasing asset securitization of the development of policy advice,and the future development of financial leasing asset securitization to give a prospect.Based on the basic theory of asset securitization,this paper analyzes the internal and external environment and problems of financial leasing and securitization in China,and puts forward the corresponding suggestions and countermeasures for the financing of the existing financial leasing companies.