China Securities Investment Fund Association reported 108 new ABS filings in May
2026, totaling CNY95.912 billion. Top three underlying asset types by new filing
size were financing-lease receivables CNY24.57 billion, accounts receivable
CNY22.826 billion and microloan receivables CNY15.399 billion. As of end-May,
2,781 ABS were outstanding, totaling CNY2.398 trillion. ABS backed by accounts
receivable, real-estate-holding assets, CMBS, financing-lease receivables and
microloan receivables accounted for CNY1.873 trillion (78.11%) of outstanding;
other asset types totaled CNY524.903 billion (21.89%).
