1, the fund is indirectly financed. Investors subscribe for fund shares issued by fund companies and invest in the money market, bond market and stock market, so it is indirect financing with the intervention of third-party institutions.

2. Legal basis: Article 26 of the Regulations on Financial Asset Management Companies.

Financial asset management companies shall operate and dispose of assets formed by purchasing non-performing loans of state-owned banks in accordance with the principles of openness, competition and merit.

Financial asset management companies transfer assets mainly by bidding and auction.

If the creditor's rights of a financial asset management company cannot be paid off due to the bankruptcy of the debtor, it shall be handled in accordance with the provisions of the State Council.

Measures for the administration of asset disposal of financial asset management companies shall be formulated by the Ministry of Finance.

Second, what are the characteristics of indirect financing?

1, indirect, in indirect financing, there is no direct lending relationship between the fund demanders and the initial fund suppliers;

2. Financial intermediaries act as a bridge between capital demanders and initial suppliers;

3. The initial fund suppliers and fund demanders only have financing relations with financial intermediaries;

4. Relatively concentrated, indirect financing through financial intermediaries;

5. There is little difference in reputation. Because indirect financing is relatively concentrated in financial institutions, the management of financial institutions is generally strict all over the world, and the management of financial institutions themselves is mostly bound by the corresponding prudent management principles.