Case Analysis Of The Asset Securitization Of The BCDC

Since the real estate industry in China has gradually recovered and developed,real estate has become a pillar industry of the Chinese economy and plays an important role in the national economy.At the same time,the prices of commercial housing in China have been rising,a large number of enterprises have entered the real estate industry,and the real estate market has been overheated.Commercial banks have directly or indirectly entered real estate enterprises,and they have also assumed the financial risks of the real estate industry.In order to stabilize housing prices and safeguard the security of the national economy,the Chinese government regulates the real estate market.Under the background of macroeconomic regulation and control,the traditional financing channels of the real estate industry are blocked,the cash flow situation is not optimistic,affecting the survival and development of real estate enterprises.Real estate enterprises need innovative financing mode to overcome the financial dilemma.This paper selects the asset securitization of the purchase of housing.In order to provide assistance for the steady development of real estate enterprises.This paper first introduces the research background and research significance of the case,then studies the practical significance and theoretical significance of the asset securitization of the house,and then defines the related concepts of asset securitization and collects literature review on asset securitization to provide case analysis.Strong theoretical support.Next,this paper briefly introduces the basic situation of Beijing's first shares,and expounds the design structure of asset securitization products,then analyzes the motives and effects of Beijing's first purchase of assets,and reveals the risks.Finally,suggestions for improvement.Through research,it is found that although there are many risks and shortcomings in the process of asset securitization,in the case of severe housing financing situation,the securitization of the purchase of last-end assets is the same as that of enterprises in the same industry to improve the long-term occupation of corporate liquidity of accounts receivable.Providing reference for solving the problem of blocked financing channels and tight capital chain,the asset securitization of the purchase of housing funds can effectively reduce the financing cost of enterprises,broaden the financing channels of enterprises,and improve the turnover rate of enterprise assets.With the improvement of China's asset securitization related policies,the asset securitization of the purchase of housing will play a more important role in the financing of real estate enterprises in China.