On November 14, the listing ceremony for the “CREC Noble Holding-Type Real Estate Asset-Backed Special Plan” was successfully held at the Shanghai Stock Exchange.
Holding-type real estate ABS is an equity financing instrument under the corporate asset securitization framework. It raises funds from qualified investors by establishing a special plan based on the continuous and stable operating cash flow of specific real estate projects. This special plan reached an issuance scale of 2.56 billion yuan, the largest among similar projects this year. Its underlying assets are regional high-quality commercial landmarks, which—thanks to their stable operating performance and premium asset attributes—have attracted strong interest from diverse institutional investors, including insurers, banks, and securities firms.
It is reported that ABS (Asset-Backed Securitization) is a financial instrument that packages illiquid but cash-flow-generating assets (such as loans and accounts receivable) and converts them into tradable securities.
