On January 26, according to data from the Securities Association of China, in December 2023, a total of 125 corporate asset securitization products were confirmed for filing, with a total newly filed scale of 101.10 billion yuan (see Figure 1). The newly filed scale in December increased by 51.11% compared to the previous month, and increased by 42.02% year-on-year. Classified by primary asset type, the new filing scale for debt products was 899.16 billion yuan; for REITs products was 84.89 billion yuan; for future operating income products was 23.00 billion yuan; and for other types was 4.05 billion yuan. Classified by secondary asset type, the total newly filed scale for accounts receivable, small loan debts, and financing lease debts accounted for 80.27% of the monthly new filing scale (see Table 1). Distribution of existing products based on underlying assets As of the end of December 2023, there were a total of 2268 existing corporate asset securitization products with a total scale of 1,923.86 billion yuan, a decrease of 1.39% from the previous month. By secondary asset type, the existing scale of accounts receivable, commercial mortgage-backed securities (CMBS), financing lease debts, small loan debts, real estate-backed ABS, and infrastructure public REITs accounted for a total of 1,647.04 billion yuan, or 85.61% of the total existing scale (see Figure 2). Other types of underlying assets, such as infrastructure fees, affordable housing, and factoring finance debts, had a total existing scale of 276.82 billion yuan, accounting for 14.39% of the total existing scale.