The first is bank stocks, because credit asset securitization allows banks to transfer risks and returns to ordinary investors, thereby recovering cash. This way banks don’t have to raise funds frequently. A-share banking stocks are as follows: 16 listed banks including China Construction Bank, China Merchants Bank, Minsheng Bank, Bank of Beijing, Bank of Ningbo, Hua Xia Bank, Shenzhen Development Bank, Industrial and Commercial Bank of China, Bank of China, Bank of Communications, and Shanghai Pudong Development Bank.

The second is securities companies, because securities companies can underwrite credit assets and obtain a large amount of commission income. Well-known listed securities firms: CITIC Securities, Haitong Securities, GF Securities, etc.