A review of China's financial markets

GX Hu, J Wang - Annual Review of Financial Economics, 2022 - annualreviews.org
The fast growth of China's economy has brought it not only to the center of the global
economy but also to a transition point in its growth model, a transition from scale to …

Operations strategy for supply chain finance with asset-backed securitization: Centralization and blockchain adoption

C Dong, C Chen, X Shi, CT Ng - International Journal of Production …, 2021 - Elsevier
Supply chain finance (SCF) is a set of financing processes and technology-based business
that links supply chain members, in which innovative financial products and technologies, ie …

Label or lever? The role of reputable underwriters in Chinese green bond financing

T Su, Y Shi, B Lin - Finance Research Letters, 2023 - Elsevier
This paper examines the role of underwriter reputation in the cost of green bond financing by
focusing on the Chinese scenario for the period 2016–2022. Our empirical results show that …

Greenium of green securitization: Does external certification matter?

X Li, B Zhu, Y Zhang - Plos one, 2024 - journals.plos.org
The financing costs of green asset-backed securities (ABS) are deeply affected by the
increased information asymmetry and greenwashing risk resulting from risk transferring in …

What drives enterprise asset-backed securitization in China?

B Gao, Y Jin, J Zou - Applied Economics, 2024 - Taylor & Francis
Using transaction-level data on enterprise asset-backed securities (ABS), we investigate the
relationship between ABS issuance, interest savings, and firm characteristics in China …

Underwriter reputation and the pricing of securities: Evidence from asset-backed securities

W Liu, W Wu - International Review of Financial Analysis, 2023 - Elsevier
This paper investigates whether and how the underwriter reputation can affect the pricing of
securities. Using data on collateralized loan obligations (CLO), asset-backed securities …

Financing advantage of green corporate asset-backed securities and its impact factors: evidence in China

Y Zhao, Y Yue, P Wei - Frontiers in Energy Research, 2021 - frontiersin.org
As an innovative green financial tool, green corporate asset-backed securities can
effectively solve the problems of narrow financing channels and maturity mismatches for …

How much do Investors Rely on Credit Ratings: Empirical evidence from the US and EU CLO primary market

F Fabozzi, VM van Breemen, D Vink, M Nawas… - Journal of Financial …, 2023 - Springer
We investigate the extent to which investors rely on credit ratings and other factors beyond
credit ratings in determining the funding cost for collateralized loan obligations (CLOs) …

Can asset‐backed securitisation reduce corporate leverage? Evidence from China

R Pang, Y Zhang, J Li, S Xie - Accounting & Finance, 2024 - Wiley Online Library
Although Chinese regulatory authorities view corporate asset‐backed securitisation as a
powerful tool for deleveraging, its effectiveness remains unexamined. Employing a look …

The financial performance of newly launched Chinese infrastructure REITs

X Piao, B Mei - Journal of Real Estate Portfolio Management, 2023 - Taylor & Francis
This paper explores the financial performance of the first group of nine infrastructure real
estate investment trusts (REITs) that went public in mainland China in June 2021. Under the …