A Study On The Disposal Of Non-Performing Asset Of HR Asset Management Corp

At present,China's non-performing assets have entered the "stock era",in the rapid development stage.According to the main regulatory indicators released by the CBRC in the fourth quarter of 2016,China's banking sector has a non-performing loan balance of 1512.3 billion yuan at the end of 2016,and the non-performing loan ratio of commercial Banks is 1.74 percent.The outstanding balance of interest loans is 3.35 trillion yuan.Continued economic restructuring and the rapid growth of interest-related loans and delinquent loans will continue to drive up non-performing loans in China's Banks.The formation and continuous rise of non-performing assets will affect the liquidity and growth of enterprises to some extent,and negatively affect the overall economic growth.The whole toxic asset market in China is in the era of a blowout in terms of policy and market information feedback.Coupled with the dual challenges of China's economic downturn and capacity,the future debt risks of China's capital market will be more exposed.In the face of severe macroeconomic situation,effective disposal of non-performing assets,maintain financial system stability,reduce the entity economic leverage,inject new vitality to the economy has become the important problem of the asset management company.China's big four asset management companies to assume the country more than three-quarters of the non-performing assets,and localities asset management companies emerging in recent years,flowering,private and individual market is developing rapidly.Industry gradually form competitive situation,asset managers how to improve the efficiency of bad assets disposal,overcome many challenges to establish competitive advantage,play to the asset management company's social responsibility become the important problem of the asset management companies.Based on HR,one of the four major asset asset management company as an example,first of all,the current situation of non-performing assets in China and the future development of non-performing assets as the breakthrough point,this paper expounds the bad assets disposal research background,research significance and research purposes.Then,related theories are reviewed of bad assets disposal,illustrates the basic pricing model,and the cause of formation of non-performing assets disposal process will encounter the risk of moral hazard,game theory,etc.Then,by analyzing the advantages and disadvantages of the existing bad assets disposal methods and the applicable scope of the existing non-performing asset management companies,the corresponding improvement strategies are given.In order to enhance the efficiency of HR asset management company to increase the market competitiveness,the author puts forward three kinds of innovative bad asset disposal model.Finally,in order to ensure the implementation of non-performing asset disposal mode,the paper puts forward the optimized management measures and suggestions on the management of HR Asset Management Co.,Ltd.,such as the construction of talent team and the improvement of internal system.