In recent years, china's internet-based finance sector has become one of the most important applications in this area. Owing to the lack of industry regulation, the p2p loan network has grown savagely. However, behind the development of well blow-outs, there are also many pitfalls. Since 2014, the p2p network lending market has accumulated a long-standing concentration of risks and is suspected of frequent incidents of illegal ingestion, fraud, collapse and running. According to the polar network, in 2013 more than 70 p2p platforms were suspected of fraud or running away; in the first half of this year alone, 50 platforms were shut down on suspicion of fraud, self-absorption or liquidity difficulties。
In the evening of this afternoon, the author received an updated market survey of the internet-based risk management and advisory body lending, tailored to the polar network. Reports indicate that 154 platforms in the p2p industry in china have been running or lost, and that there have been problems with the closure. Guangdong is the province with the worst runaways, accounting for 22. 22 per cent, compared to 20 per cent in beijing, shandong, jiangxi and hainan。
Details of the report are as follows:
I. The fastest-run p2p lending platform top5
The report shows that the top five of the fastest-run p2p lending platforms are: hen-gold, long-hwa, one-start, one-stop, one-stop, and one-way wealth. The first four were malicious frauds and the last one was closed. The constant loan was the first half-day of its history. The detailed data are as follows:
The p2p platform is constantly running, investors talk about the changes, and how can users avoid recruitment in the face of chaos? The following recommendations were made by the universitÉ universitaire:
1. The new p2p platform is generally subject to a wait-and-see attitude and the risk of “new” is high if investment is to be kept to a minimum。
Detailed information on the state of the company, such as business registration information, shareholders, etc., is required prior to investment。
3. A platform where investments are guaranteed or insured by third parties。
Risk analysis judgements are based on evaluation reports and investment logs published on the polar net or lending website. Thereafter, the polar network will join third-party advisory bodies such as lending to issue risk assessment reports on an irregular basis. Attention。
The largest outstanding amount is due from the p2p platform top7
According to the report, the top seven of the p2p platform, which accounts for the largest amounts of arrears, are: chinese investment, net-winners, home loans, copper loans, penang loans, natural-power loans, and zhein merchants. The investment was at the top of the list of 4. 6 billion arrears. It is 2. 3 times the amount owed in the second place. The detailed data are as follows:
Lending says we assume that all the problem platforms are doing benz, so it's like a constant loan. The social impact of such operations is relatively small, after all, with a total investment of $200,000. In contrast to the $4. 6 billion outstanding from sino-beauty investment, they operate for relatively long periods of time, are substantial, have greater social impact and are more harmful. The risks are too great. How do investors analyse the potential risks of the p2p platform? The following recommendations were made by the universitÉ universitaire:
See if the platform has all new borrowings on a weekly basis higher than the outstanding receipts, whether the cash flow is positive and whether the amount of new borrowings on a weekly basis has gradually increased。
2. Dissolve the average borrowing cycle on the platform for each borrower. The shorter the cycle, the safer it is, the best is the p2p platform within three months。
3. Survey of the number of borrowers on the platform. If the number of borrowers is particularly small, vigilance is required. The only two or three borrowers on the platform are likely to be the bait set by the platform party itself。
Iii. Percentage distribution of areas on the p2p platform
Reports indicate that 122 problem p2p companies are concentrated in guangdong, zhejiang, jiangsu, anhui, shanghai and hunan provinces and municipalities. These areas are relatively economically more developed, while financial regulation is weak. However, in beijing and shanghai, the largest and most active economic belt of the p2p network, there are few cases of the p2p platform running。
According to lending, this is due mainly to the fact that guangdong, zhejiang and jiangsu provinces are themselves the most economically developed regions of china, and private borrowing was previously more active and more capable of receiving new things. On the other hand, like zhejiang tai county, jiangsu waian, hunan huai, anhui bong maushu, etc., the lending market itself is smaller, and one person invests in a large number of people to follow up, and if the p2p platform is not pure, a butterfly effect emerges immediately after the departure of a platform. The detailed data are as follows:
For the reasons why the p2p platform ran, optimists columnist chu, an internet finance industry observer, indicated that the running p2p platform was divided into two main categories. Number one: it's a lie. Such platforms use the internet as a financial hub for money-sharing purposes. Often, “high interest rates” and “short-term targets” attract investors and “run” rolls of cash when a large number of false markers are issued to absorb funds。
Category ii: ignorance of p2p network lending. Such platforms often lack the necessary expertise, operate in the wrong mode, have poor wind control and liquidity, leading to poor operations, broken financial chains and forced to flee
While endorsing this statement, lending states that the p2p platform using the business self-integration model is the most risky to run. One of the most direct reasons why the p2p platform chose to run is its poor wind control capacity and its inability to collect the money from the cloud. In addition, the absence or insufficient level of regulation of the platform is an important reason for the high frequency of run-off of the p2p lending platform. However, the regulation of p2p lending is being strengthened at the national level。
The lending report also noted that, as the problems of the p2p lending platform became apparent, the credibility and security of industry development became more prominent, and industry was constantly exploring new p2p models. Of these, the guarantee model p2p and the insurance model p2p are of the greatest industry interest。
The guarantee model p2p refers to the fact that, regardless of the risk of the loan project, the lender generally receives only one fixed interest rate, while the risk premium for the loan project is owned by the insurer in the form of floating guarantee or service charges。
The insurance model p2p refers to the replacement of third-party guarantee institutions by insurance companies to serve investors. Colleagues, whether the insurance model is a platform of guarantees or a project of guarantees, should be two different forms of cooperation. This will depend on the investor's personal circumstances and will determine the type of insurance to be purchased。
In contrast, the security model p2p is a “two-way charge” model and the insurance insurance model is a levy on investors. The same is true for both the guarantee and insurance models, for p2p investors, the return is bound to decline by about 1 to 8 per cent, as third-party institutions take part of the return on investment。
According to the polar net, there has recently been a strong call for “go-back” in the area of p2p lending, as the risk of the “p2p-net loan+ guarantee” model becomes more and more exposed, and as part of the guarantee company's influence has grown as a result of the “failure” run-off. The “p2p web-based platform + insurance” model, on the other hand, has taken over the former. It is undeniable, however, that the guarantee model remains the mainstream model of the p2p lending platform and will be used in successive new platforms。
In addition, the ultimate solution after “no guarantees” is the insurance model or the cds model, which is still highly controversial. In particular, the cds model, the chinese market is still in its infancy and there are no successful cases. Most of china's p2p-net lending platforms are conservative about the model and are more radical than they are, owing to a lack of knowledge structure
Currently, the insurance model has several well-established companies testing water, and the market response has been relatively positive. As an innovative risk-assurance model, the p2p web-based platform+insurance model has also received wide industry attention and has recently moved rapidly from a theoretical to a practical phase。
