日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

De-risking China's online lending platforms

By Li Xiang | China Daily | Updated: 2019-09-02 09:05
Share
Share - WeChat

The drastic shrinkage of the online lending business is a result of tightened regulation starting this year as financial authorities, both at national and local levels, ordered P2P lenders to reduce their existing business scale and reduce the number of creditors and borrowers on the platforms. Regulators also required the platforms to connect their real-time operation data with the regulatory system. Those who fail to do so in time will face business shutdown.

The intensified government scrutiny underscored the regulators' concern that the explosive growth of P2P platforms appears to be running out of control and the risks associated with the business could spread to the rest of the country's financial system and threaten the stability of the overall economy.

Ever since the online lending business first emerged in 2007 in China, the sector has been plagued by rule violations, illegal capital pooling and outright fraud. Some of the platforms have turned into Ponzi schemes, which ended with platform owners running away with investors' money. One of the most high-profile scandals included the case of online lender Ezubao, which illegally raised nearly 60 billion yuan from the public and engaged in fake or fictitious investments.

Sector experts said that given the continuous stringent government scrutiny and crackdown, a major sectoral consolidation is on the way and there is likely to be more closures of P2P platforms in the foreseeable future.

"The regulators have issued a series of instructions to consolidate the industry. The trend of decline in the industry in terms of the number of platforms and value of outstanding loans is likely to continue," said Dai Zhifeng, an analyst at Zhongtai Securities.

The country's top banking regulator is still in the process of formulating the regulation to standardize the P2P sector. The much-anticipated registration process, which was seen as the first step in introducing P2P licensing system, has been delayed. So far, no online lending platform is officially registered with the regulator or obtained the P2P business license.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 狠狠操狠狠操狠狠操 | 国产视频一区二区 | www.天天操| A片人人澡C片人人大片 | 天天色综合色 | 欧洲精品视频完整版在线 | 一级毛片aaa片免费观看 | 精品久久久久久久 | wwwwww日本 | 无码免费一区二区三区免费播放 | 2022国产成人精品福利网站 | 久久久久久国产精品久久 | 精品国偷自产在线 | 亚洲视频在线一区二区 | 国产精品综合网 | 午夜小网站 | 五月天婷婷综合 | 欧美日韩国产在线人成dvd | 91看片免费版 | 色艹| 天天干夜夜操 | 啪啪啪毛片| 欧美一级毛片免费播放器 | 成人午夜网址 | 久久这里只有精品9 | 欧美色无极 | 国内精品免费视频 | 日韩小视频 | 久久草视频 | 国产高清性xxxxxxxx | 国产在线中文字幕 | 欧美成人精品欧美一级乱黄 | 天堂资源在线8 | 小视频在线观看免费 | 韩国福利影院 | 日韩欧美二区 | 欧美日韩国产在线人成dvd | 国产色在线 | 婷婷免费在线 | 久草视频精品 | 亚洲第一区第二区 |