Risk Analysis And Countermeasures Of Real Estate Non-standard Products

In recent years, non-standard assets become a hot topic in the financial sector.To the real estate industry, strict control of the property market in the center of the environment, take the money through a bank loan is not realistic,so they have to turn to look for other financing, and therefore non-standard assets will become an important financing real estate developers. The whole process of non-standard assets flow of funds in the form of non-standard products shown. The rapid development of non-standard products, not only to attract a large number of investors, real estate developers, its high-yield but also banks, trust companies and asset management companies and other financial institutions keen to target distribution. However, the volatility of the real estate industry itself is the property of non-standard products bring a number of risks, and the product itself is often involved in the body too much, too long business chain.So once the default risk, the ultimate risk subject is extremely uncertain, recent succession default occurs allows us to see that the product hidden cash crisis.The purpose of this study is to be addressed through prevention and risk analysis of real estate non-standard products corresponding countermeasures. The article first introduces the concept of this new term of non-standard assets, the concept of the CBRC, "No. 8" specifically for the commercial banks for the first time proposed similar article this concept be extended to non-bank financial institutions, business forms, and introduces its Background and reasons. Secondly, a brief description of the status of the real estate development of non-standard products in order to fund subsidiary of China after Chen future- Chigo group of special funds management plan an event of default, for example, analyze the risks of products exist: the structural design of the product itself is unreasonable, principal transactions, such as the Trust The company, a subsidiary of the Fund did not fulfill manage assets, financial regulators are unregulated, these are the factors that cause the product default. Finally, the paper with the case as a representative from investors, asset managers, regulators summed up the real estate non-standard risk prevention measures. This paper concludes that the risk of real estate non-standard products research has great significance, investors should be risk awareness, asset managers need to always pay attention to a case where the product, regulators should strengthen the fund companies, trust companies and other financial institutions regulation.