The Asset Management Association of China released a brief report on the operation of asset support special plans (ABS) in March 2026. In March 2026, 132 new ABS were registered, with a total registration size of 1027.61 billion yuan (see Figure 1). In addition, the top three ABS basic assets in terms of new registration size were financing lease receivables, accounts receivable, and small loan receivables, with registration sizes of 336.85 billion yuan, 210.45 billion yuan, and 182.12 billion yuan respectively (see Table 1). As of the end of March 2026, there were 2,759 outstanding ABS with a total amount of 23,842.54 billion yuan. Among them, there were 89 outstanding ABS invested by real estate investment trusts, with a total size of 2,134.13 billion yuan. In addition, the total outstanding size of ABS with underlying assets such as accounts receivable, real estate holding-type ABS, CMBS, financing lease receivables, and small loan receivables was 18,773.54 billion yuan, accounting for 78.74% of the total outstanding size (see Figure 2); the remaining underlying assets had a total outstanding size of 2,934.88 billion yuan, accounting for 12.31% of the total outstanding size.