Bank debts are generally auctioned starting at 1 yuan.

In recent auctions on the platform, a batch of equity and debt in small and medium-sized banks were starting at 1 yuan, but they could not escape the embarrassing situation of being left unsold. On the Alibaba auction platform, there are nearly a hundred bank equity auctions currently ongoing, with many auctions nearing completion but no bids being made. At the same time, in the bank debt auction section, a large number of debts with principal and interest reaching millions or tens of millions are starting at 1 yuan, but many end up either unsold or sold at extremely low prices. Experts interviewed pointed out that the long-term cold reception of small and medium-sized bank equity auctions is due to the low threshold for shareholders to invest, as well as the lack of confidence in the future prospects of small and medium-sized banks in the external market. Debt auctions fall within the category of non-performing asset disposal and are heavily influenced by factors such as market supply and demand relationships and the quality of debts.