On January 21st, ABS (asset-backed securities) on the exchange, as a major tool to activate existing assets and reduce financing costs, is increasingly favored by many enterprises. According to statistics, as of January 20th, a total of 77 exchange ABS were issued in the exchange market during the year (based on the value date), with a total issuance scale of 59.983 billion yuan. The number and scale of issuances increased by 113.89% and 185.93% year-on-year, respectively.
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