On September 14, the website of the Chongqing Regulatory Bureau of the China Banking and Insurance Regulatory Commission issued a reply approving Chongqing Xiaomi Consumer Finance Co., Ltd.'s qualification to conduct asset securitization business. The company conducting asset securitization business should strictly abide by relevant regulations, strengthen comprehensive risk management, perform information registration procedures, continuously improve the information management system, and effectively prevent various risks.
小米消金获批开展资产证券化业务
Xiaomi Consumer Finance has been approved to carry out asset securitization business.
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