On May 27, the Asset Securitization Business Report for April was released by the China Securities Investment Fund Association (CSIFA). According to the report, in April 2024, a total of 75 enterprise asset securitization products were registered, with a total scale of newly registered products reaching 775.27 billion yuan. The month-on-month growth rate of new registrations in April was 0.43%, and the year-on-year growth rate was 10%. In terms of primary asset classification, debt-based products had a new registration scale of 724.93 billion yuan in April, while REITs products had a new registration scale of 50.35 billion yuan. In terms of secondary asset classification, the combined scale of new registrations for four types of products including small loan debt, accounts receivable, financing lease debt, and commercial mortgage-backed loans (CMBS) accounted for 87.57% of the monthly registration scale. As of the end of April 2024, there were a total of 2,262 outstanding enterprise asset securitization products, with a total scale of 19,402.06 billion yuan. The outstanding scale decreased by 0.45% compared to the previous month. In terms of secondary asset classification, the total outstanding scale of accounts receivable, CMBS, financing lease debt, real estate holding ABS, small loan debt, and public infrastructure REITs products was 16,923.68 billion yuan, accounting for 87.23% of the total outstanding scale. Other categories such as infrastructure toll, affordable housing, factoring financing debt, and other types of products had a total outstanding scale of 2,478.36 billion yuan, accounting for 12.77% of the total outstanding scale.