While other brokerage firms have tried - but so far failed - to get securitization projects off the ground, the Beijing-based China International Capital Corp. has jumped ahead of the pack with a fixed-income product based on a telecommunication company's future income from the leasing of mobile CDMA technology.

These asset-backed securities, which started trading on the Shanghai Stock Exchange in September, are the first such offering by a company in mainland China.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.