Chinas P2P online lending started around 2007 and entered a period of rapid expansion in 2013. The watershed of the industry development is the issuance of the Interim Measures for the management of business activities of online lending information intermediaries (hereinafter referred to as the Interim Measures) in 2016. This document not only defines the positioning of P2P, but also marks the industry entering the era of supervision.
Subsequently, the regulatory authorities successively issued the guidelines on the disclosure of business activities of online lending information intermediaries, the guidelines for the registration and registration of online lending information intermediaries, and the guidelines for the deposit and management of online lending funds. The regulatory system of the online lending industry was formally formed, which was also collectively referred to as one method, three guidelines by industry people.
With a round of special rectification actions for online loans and the delayed filing period, the industry has gradually become differentiated, but some platforms are still sticking to P2P business.
91 Wangcai website under the priority lending column can also bid. Taking preferential lending for 150 days - 2020112201 as an example, the expected annualized income is 7.3%, and the balance that can be added is about 1.94 million. The deadline for joining the project is 23:30, November 23, 2020, and the expiration date is April 22, 2021.
The dingcunbao products can be divided into three months, six months, 12 months and 24 months of service period, all of which can be tendered, and the raising period is from November 20 to November 23, 2020, and the expected annual return rate ranges from 6% to 10%.
According to Jiufu Pratt & Whitney app, popular recommendation, quarterly service and annual service under the preferred online loan column can still be tendered. Take special supply for limited time - 90 days as an example, the expected annualized return rate is 8%, the minimum loan amount is 1000 yuan, and the closed period is 90 days. It is mainly composed of personal or family consumption, housing decoration and other loans.
Different people have different opinions on the business of P2P. A platform employee told the reporter that his company has been adhering to the normal operation of this business, and will not give up until the last moment. Although everyone does not hold much hope for filing, there may be some variables? However, the company is also making a transformation, walking on two legs.
On November 16, Yang Yifu, the co-founder of renrendai, expressed a similar view at the online communication meeting, before, we hoped to continue to carry out business and even record one day, and this effort continued until the last moment before the bid was stopped. If we can continue to do business, we can use new business (profits generated) and even financing to gradually resolve the risk, and we will not have losses and we will not be so anxious.
According to Yu Baicheng, President of the zero one research institute, the remaining P2P companies will eventually transform in accordance with the principles of financial business licensing and full liquidation and transformation of P2P online lending institutions. At present, several P2P companies are still in actual operation, there may be several factors. Firstly, the regulators continuously monitor the business of these companies, which is more controllable in terms of business risks; secondly, the borrowing end of these companies may be in line with the direction of national support such as agriculture, rural areas and farmers, small and micro businesses, which has obtained a long period of transformation and adjustment given by the regulatory party; thirdly, these companies have actively reduced the scale according to the policy requirements, and the transformation is also in progress, but it is still unable to completely withdraw and transform for the time being u3002
Still some investors choose P2P financing
For example, investors will see the project when they open the platform page. The disclosed information shows that the project is composed of loan information of several borrowers. Investors can not choose a specific loan demand when bidding, only the project shown on the page.
Some people in the industry told reporters, this kind of bidding tool, which has been discussed before, can be used if the maturity of collective products and loan assets are completely corresponding. However, under the background of the liquidation, they have not paid much attention to these issues. The regulator is looking at the authenticity of assets through penetration. This kind of collection depends on whether the maturity is mismatched. If the borrower borrows one year and the platform packs products for three months, it is mismatched.
In addition, there are many investors choose to use P2P financing. As of the press release, according to 91 Wangcais lending records of the above projects, there are still many lenders lending funds on November 23. About 10 people have been loaned for the projects mentioned above. Compared with other platforms, the number of investors lent by Li Li on November 23 was a bit cold. There are more investors, and there are also Jiufu. About 1.54 million people have lent out the above-mentioned project lending records of the platform.
On the premise of not considering the risk and simply looking at the income, the above platform investment interest rate is basically in the range of 5% - 10%. Compared with the annual financing method of less than 5%, stocks that test the heart from high to low, and unpredictable funds, P2P investment threshold is low, and the degree of specialization of financial knowledge is low. Under the combined effect of various factors, it has become the choice of some investors. In particular, the various backgrounds, awards and spokesmen of platform publicity can increase the trust of some investors. However, it needs to be specially reminded that high return corresponds to high risk is an eternal truth. We should not only clearly recognize the risks, but also do a good job in basic work, understand the products and their companies invested, and do not excessively pursue the platform background. From the loan balance point of view, each platform compared to the previous scale of pressure drop. According to the information disclosure, as of November 22, 2020, the platform loan balance of 91 Wangcai was about 1.21 billion, and the number of loan balance was 8773; as of September 30, 2020, the platform loan balance of 91 Wangcai was 11.761 billion, and the number of loan balance was about 180000. As of July 31, 2020, the loan balance of Jiufu inclusive is about 31.933 billion, and the number of loan balance is about 7.58 million. Favorable network did not disclose the balance and number of loans. Source: Yang Bin, editor in charge of economic report in the 21st century_ NF4368
From the loan balance point of view, each platform compared to the previous scale of pressure drop. According to the information disclosure, as of November 22, 2020, the platform loan balance of 91 Wangcai was about 1.21 billion, and the number of loan balance was 8773; as of September 30, 2020, the platform loan balance of 91 Wangcai was 11.761 billion, and the number of loan balance was about 180000. As of July 31, 2020, the loan balance of Jiufu inclusive is about 31.933 billion, and the number of loan balance is about 7.58 million. Favorable network did not disclose the balance and number of loans.