Abstract：With the rapid development of technology and financial integration of the global economy, strong demand and fierce competition of world economy and the financial innovation, the governments of the world are faced with tremendous pressure hitherto unknown, but also brings unprecedented opportunities and challenges.As one of the important means of financial innovation, asset securitization has been the focus of the world, and has become an important issue in the field of international finance and capital market.Asset securitization is the process that the pointer to the liquidity of the assets, through a certain structural design, credit enhancement, credit rating and other means to convert the securities can be traded freely, so that it has liquidity.Asset securitization, as a new financial innovation thought and method in recent years, provides a new way for countries to effectively manage the economic and financial risks, to play the function of financial market investment and financing, and to promote the stable development of economy.Asset securitization is an important kind of mature capital market, whether it is from the perspective of government management and financial innovation from the perspective of law, or from changing banks, enterprises and public investors and increased demand, asset securitization theory research and innovation for construction is very necessary, but also the inevitable the choice of modern financial management.
Key words: asset securitization; capital market; credit rating
Catalog
Abstract…………………………………………………………………………………… I
1、What is asset securitization and it requires several steps…………….. 1
1.1.What is asset securitization………………………………………………. 1
1.2.asset securitization requires several steps…………………………… 1
2, The present situation and problems of the asset securitization in the world 3
2.1. the development process of the world Asset Securitization…… 3
2.2.Development history of Asset Securitization in the world………. 5
2.3.The problem of asset securitization in China………………………… 6
3.Some thoughts about the future development of Asset Securitization 11
3.1. right to avoid risks……………………………………………………….. 11
3.2.Reasonable establish SPV……………………………………………….. 11
3.3. Provide enterprise investment credit rating………………………. 12
3.4.To speed up the Internet plus securities investment…………….. 13
Summary………………………………………………………………………………. 15
Reference………………………………………………………………………………. 17
