The same field of gold has ushered in an eventful autumn. At noon on the 21st, the China online credit card management platform, the first company in this field to land in the capital market (Hong Kong stocks)-51 credit card, was suddenly investigated by the police. The secondary market responded quickly, with 51 credit cards plummeting by more than 4% in intraday trading. At 1:5, the company announced an emergency suspension of trading until the close, with a decrease of 34.69%.
As for the reasons why 51 credit cards were searched by the police, the Shanghai Stock Exchange sent inquiry letters to the company's chief financial officer and vice president Wei respectively. The former replied that "the current business is normal, subject to the announcement" and stressed that "don't listen to rumors".
5 The credit card issued an official announcement nearly three hours after the incident fermented, but it also made no mention of the reason for the investigation, saying that the company's business operation and financial situation remained normal and sound. The board of directors unanimously severely condemns such acts of making false rumors and reserves the right to resort to law to pursue responsibility. "
51 Credit Card did not specify the "false rumors" it denied.
However, for the first time, insiders analyzed that there are three minefields that mutual fund institutions cannot touch: first, it involves violent collection; The second is to illegally obtain user information through crawler programs; The third is to provide payment channels for overseas illegal platforms. These three minefields are actually the lingering pain points and regulatory priorities of the entire financial technology industry.
Xinhubao, the second shareholder of 51 Credit Card, announced in the evening that the company has invested 2 million US dollars in 51 Credit Card by stages, accounting for 21.83% of its total share capital. No directors, supervisors or senior managers were sent to Credit Card 51, and they did not participate in its operation and management, nor did they have any business or capital transactions.
this news has stirred the nerves of 462 online lending institutions directly related to it, including 51 credit cards whose business areas involve credit matching. According to regulatory data, as of the end of September this year, the loan balance of 462 online lending institutions decreased by 48% compared with the beginning of 219, the lender decreased by 53% compared with the beginning of the year, and the borrower decreased by 35% compared with the beginning of the year; The number of institutions, the scale of loans and the number of participants declined for 15 consecutive months.
in the process of the regulatory authorities guiding the online lending to speed up and reduce the stock risk, more than 1,2 online lending institutions have closed down this year, most of them voluntarily quit, and many online lending platforms are preparing to quit benign.
It is worth mentioning that the regulatory authorities specifically use "adapting to local conditions" to describe the methods of repaying online loans in key areas such as Beijing, Shanghai, Guangdong and Zhejiang. In fact, their exploration of different benign transformation paths is affirmative, not across the board. (Liu Xiaoyu) Related Q&A: Related Q&A: Which online lending platform is better?
1. Which p2p online lending platform is better
As investors, we should know more about the ways to judge the quality of financial management. At present, there are about 2, p2p financial platforms in China. Since the regulatory rules for this industry were only issued in August this year, most of the companies left in the industry are in compliance and rectification. Therefore, when choosing p2p platform investment, we should learn how to distinguish the quality of the platform and choose the platform that suits us.
Generally, we need to judge the following factors:
1. The registered capital of the company knows the registered capital of the P2P platform in that year, and blocks P2P without capital ability to reduce risks. Of course, Xiao Bian feels that this method is not reliable at all times.
2. Risk reserve Risk margin, also called risk reserve fund and risk guarantee fund, is one of the most commonly used security guarantee methods for P2P platforms at present. Once the investment projects on the platform are overdue, the risk reserve will be paid in advance to prevent lending risks and ensure the safety of users' funds.
3. Deposit and management of bank funds
The platform opens a special deposit account in the bank to deposit users' investment funds, while the p2p platform is only responsible for matching the information of borrowers and lenders, providing matchmaking services and not contacting users' funds, so as to completely isolate users' funds from platform funds and improve the safety factor.
4. ICP license
The Interim Measures for the Management of Business Activities of Information Intermediaries in peer-to-peer lending stipulates that information intermediaries in peer-to-peer lending should apply for the corresponding telecom business license according to regulations, otherwise they may not carry out information intermediary business in peer-to-peer lending. ICP business license is a necessary qualification for peer-to-peer lending information intermediary platform and a necessary prerequisite for engaging in online loan information intermediary business. 5. Third-party guarantee The P2P platform uses the third-party guarantee company to guarantee the principal and interest of the investment projects on the platform, which is a safer guarantee than the risk deposit.
6. Security of account information
Registration information, investment information, funds and account security of the user platform need to be guaranteed accordingly. For example, we have cooperated with E-Security to save electronic contracts, and have a professional and mature technical team to upgrade account defense.
7. Data disclosure of the platform
p2p platform is the most online lending information platform, and it should disclose the operating data of investors, investment data, asset projects, overdue conditions and so on in accordance with the Interim Measures for the Management of Business Activities of Information Intermediaries in peer-to-peer lending, so as to achieve transparent, compliant and standardized operation.
8. Revenue range Generally, the annualized revenue of P2P platforms is between 8% and 16%. We generally don't tend to choose platforms with low interest rates. However, if the interest rates of some platforms are too high, we need to think carefully when choosing them to avoid capital damage.
We are now trying to judge how some p2p platforms are based on the above factors. Take Pratt & Whitney as an example to explain: Pratt & Whitney platform has obtained the ICP license, and reached a fund deposit agreement with hengfeng bank. In December, the risk reserve was 13 million, the platform operation data was disclosed every month, and an online contract preservation agreement was reached with Yibaoquan. From this, the security of the platform is very high.
second, the ranking of the safest p2p platform. Everyone is very concerned about the security of the p2p industry, hoping to get an authoritative ranking of the industry platform security. But in fact, such a ranking does not exist for a large number of p2p that have just issued regulatory rules. However, everyone can measure the security of each platform by themselves, mainly considering factors such as fund deposit, ICP, risk reserve and account security.
On official website, the online loan portal, we can get a general understanding of the current ranking of the p2p industry. This ranking is based on the information provided by the platform in the online loan home, and is ranked by the online loan home after comprehensive scoring. We can also choose to rank according to the development index, transaction, popularity, leverage, dispersion, liquidity and transparency until the result. The following is the top 1 p2p platform information sorted by development index.
Although the ranking of online loan houses is of some reference, Xiao Bian suggests that when choosing a p2p platform, you need to consider and judge comprehensively in various aspects, collect more information and compare, and consider not only the security, but also the investment threshold of the platform, liquidity and other factors before making a choice.