The Chinese account receivables securitization market has expanded dramatically over the years. In 2017, there were 141 deals with a total value of Rmb158.6 billion ($24.3 billion). By 2019, there were 569 new deals worth Rmb428.5 billion. In the first 11 months of 2020, 739 deals with a total value of Rmb653.1 billion were sold, Wind data shows.
December 31, 2020