As an important means to revitalize the bank's stock assets, alleviate the capital pressure, adjust the asset structure and change the profit mode, the market scale of mortgage-backed securities (RMBs) has been expanding since its launch in 2005. At present, it has become one of the most important products in China's asset securitization market. On the whole, however, there is still a big gap between the size of RMBs and the international mature market. Especially considering that the term structure of bank assets is getting longer and longer and the concentration of real estate loans is getting larger and larger, which makes the room for the revitalization of bank credit assets smaller and smaller, which is not only not conducive to supporting key areas required by national strategic transformation such as innovative enterprises, but also makes the risks of asset mismatch, liquidity and concentration of commercial banks rising. In the future, promoting the expansion of the scale of RMBs, allowing more social capital to enter the housing field and helping banks improve their asset turnover capacity is not only an important content of housing finance reform, but also the due meaning of revitalizing the stock assets of commercial banks and enhancing the ability of commercial banks to serve the real economy.
© China Stock Market News