File photo shows the Lujiazui area in east China's Shanghai. (Xinhua/Chen Fei)
BEIJING, Aug. 26 (Xinhua) -- Asset-backed securities (ABS) products worth 112.62 billion yuan (about 15.67 billion U.S. dollars) were registered in July, data from the Asset Management Association of China showed.
The figure represents a month-on-month growth rate of 29.58 percent, according to the association.
Specifically, ABS products related to debt financing worth 105.49 billion yuan, products related to real estate investment trusts worth about 4.59 billion yuan, and those related to future operating income valued at 2.54 billion yuan were newly registered.
By the end of July, the total value of existing ABS products was around 1.98 trillion yuan, the association said. ■
