Innovation Model Of Internet Consumer Finance ABS Study

The so-called ABS, refers to assets Project for the support of securitization financing that project owned assets, based on the expected return of assets can bring to the project to ensure that, by issuing bonds in the capital markets to raise funds a project financing. Compared with traditional financing models, ABS with optimized financing corporate financial statements, establish a corporate image of innovation, broaden the financing channels for enterprises and other advantages, therefore, Jingdong, CMA finance and other consumer finance installment financing business was the first to try to achieve through this mode. ABS is gradually entering the normal stage of development, is the general direction of future financing, and professional credit rating support, low risk, high efficiency, accelerate cash flow, which is rapidly Tinto Zhang staging footprint of Internet financial companies It is an important thrust, and therefore asset securitization is inevitable.According to current development of ABS in our country and present research situation of the ABS, this research paper analyzes the Jingdong consumer finance loans accounts receivable asset-backed debt issued by financial Jingdong special programs. As China's first branch in the Internet-based consumer finance asset securitization products, Jingdong consumer finance asset-backed securities has itself particularity. This paper research its internal measures to increase trust, asset securitization offering price and other content related aspects. By analyzing the successful Jingdong ABS issuance for asset securitization and purpose the development necessity and feasibility of consumer finance in our country. Let consumer finance companies to improve liyuidity and improve the balance sheet for the consumer finance industry, reduce financing costs and increase make relevant recommendations feasible financing.In addition, the article describes the Jingdong another financial innovation model, from Ali Jingdong small loans to achieve a leap from B to C, introduced the two cases deal structure and pricing analysis, the research ideas related issues, as asset securitization electricity supplier provides a good reference. Jingdong ABS is a typical case, it should be discussed.