Chinese asset-backed securitization penetration rate 2018, by category
In 2018, in China's asset-backed securitization (ABS) market, residential mortgage-backed securities (RMBS) had the highest penetration rate at 2.27 percent, which was much lower than that in the United States. After the global financial crisis in 2008, the Chinese government relaunched the RMBS program four years later. Featured as a low-risk investment option, RMBS then became hugely popular among Chinese homebuyers and investors.
