Internet-based Consumer Finance Industry's Asset

Jingdong Group launched the Jingdongt ABS.This article takes it as an example to carry on the systematic analysis to the Internet Consumer financial asset securitization project.Firstly,this paper briefly introduces the current situation of asset securitization and Internet consumption finance,and expounds the present research achievements at home and abroad.Then,the paper uses the case analysis method,taking "the Jingdong ABS" as the case,and deeply studies its basic asset characteristics and the dynamic asset pool structure and its transaction structure characteristic.After studying this case,this paper analyzes the pricing mode of the current asset securitization project in our country,and compares the ABS project with the traditional financial institution's asset securitization project through the comparative analysis method,and analyzes its advantages and disadvantages in the data credit.Finally,this paper summed the worthy points as well as the draws the ABS has,and word puts forward the significance of the automatic separation of assets and the circulation purchase mode of "Jingdong" asset securitization project,and points out that there are some improvements in the project,For example,the basic assets are difficult to be "real sale",and lack of effective liquidity replenishment mechanism.For the future development of the business,this paper provides some specific recommendations,such as the development of more high-quality raw assets,research and development of more joint project wind control means and so on.