The first national data asset ABS was successfully issued in Shenzhen.

date
30/04/2025
On April 28, the country's first data asset ABS product "Ping An-Rugao First Phase Asset Support Special Plan" was established on the Shenzhen Stock Exchange. The product is managed and sold by Ping An Securities, jointly promoted by the Shenzhen Stock Exchange and the Shenzhen Data Exchange, with an issue size of 130 million yuan, a face interest rate of 2.4%, a AAA rating for the priority class, with over 50% of the data assets pledged, and for the first time labeled as "data assets," marking a new stage in the securitization of data assets in China.
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