Vehicle-finance site Daikuan bundles assets for resale

25 Apr 2017, one of China’s fastest growing new- and used-vehicle finance and insurance services platforms, announced the issuance of asset-backed securities (ABS) valued at 2 billion RMB ($290 million U.S.). This will be the sixth issuance of ABS by Daikuan to date.

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Tom Marling

Tom is a PhD candidate in Chinese History at Hong Kong Baptist University, and former PR consultant in Mainland China. He joined the AIM Group in 2016 as a writer/analyst.