Continuous Expansion Of Listed Companies' Involvement In Internet Finance

In January 6th, small commodities city and Chongqing department store announced that the CBRC had issued "reply to the preparation of instant consumer finance Limited by Share Ltd" (hereinafter referred to as "Consumer Finance Companies immediately"), and agreed to build a Consumer Finance Companies immediately in Chongqing. This marks the approval of the first domestic online and offline combination of Consumer Finance Companies.

Small commodity city shares consumer finance

The above announcement indicates that the small commodity city will invest immediately in Consumer Finance Companies as a shareholder. According to the agreement, the commodity city will contribute 30 million yuan, accounting for 10%.

Meanwhile, the commodity city group will tailor consumer financial services to small commodity city merchants based on its unique advantages and resources.

Statistics show that the Consumer Finance Companies registered capital of 300 million yuan immediately, Chongqing department store was the main sponsor, invested 90 million yuan accounted for 30%, Beijing Zhi run commerce accounted for 20%, Chongqing bank accounted for 15%, Sunshine Property Insurance, small commodity city and Wumart holdings accounted for 10%, Southwest Securities accounted for 5%.

According to Haitong Securities Research Report, Zhao Guoqing, the former co chairman and chief strategy officer of Jingdong mall, is now leading the Consumer Finance Companies preparatory group leader. He is expected to be the chief executive of Consumer Finance Companies immediately. He has set up a management team for product development, data analysis and risk control.

As for the business mode, the company adopts the combination of online and offline, large savings and small loans, through the absorption of shareholder deposits, interbank borrowing, issuance of corporate bonds, asset securitization and other means to form "big savings" to ensure the amount of capital and liquidity. At the same time, loans are distributed to individuals with low consumption demand, low income, relatively stable income, relatively low probability of default, and individual businesses that can not be covered by bank loan businesses to issue small loans of not more than 200 thousand yuan.

It is understood that

It is an important direction for the future development of Yiwu under the commodity city.

On the one hand, the small commodity city's involvement in Internet finance can further enhance the platform service function, provide differentiated financial services for Yiwu's purchase of electricity providers; on the other hand, Yiwu can actively expand its development space with the help of Consumer Finance Companies's resource channels throughout the country.

Consumer Finance Companies rob customers

Following the Bank of China, Chengdu bank, Beijing bank, Xingye Bank and Chongqing bank, the Consumer Finance Companies banking team is constantly expanding.

According to incomplete statistics, the 3 Consumer Finance Companies initiated by China Merchants Bank (funded by wing long bank), Bank of Hubei and Huizhou Merchants Bank are being approved.

The director of the financial research center of Zhejiang Financial College, Ying Xun, said that consumption finance originated from foreign countries, and that domestic consumption started from automobile consumption. Now it is still in the process of development. It was originally undertaken by banks. Now it has been pformed into the establishment of Consumer Finance Companies. Among them, one should pay attention to the risk of depreciation of commodities after consumption, and the second is to avoid rushing headlong into mass action.

In addition to tradition

Enthusiastic about Consumer Finance Companies, business tycoons are also unwilling to lag behind.

Last December 17th, Suning Yun announced that Suning Consumer Finance Limited was approved by the CBRC for approval, which means that Suning will formally enter the consumer finance field.

In December 27, 2014,

Its ant financial services group, like a credit card service, "Hua Bai" is on the line.

As early as last February, Jingdong launched the "first consumption, after payment" credit payment product "Jingdong white strip".

Qian Haili, an internet financial analyst at the China Electronic Commerce Research Center, said that the traditional consumption in advance of credit card shopping has already become the foundation. With the gradual formation of online shopping habits, more and more business enterprises and traditional financial institutions have seen business opportunities in this field.

The report released by Eri consulting predicts that the scale of China's consumer credit will continue to grow at a high speed in the future, while the growth rate of the Internet consumer financial market will be 4 to 5 times the growth rate of consumer credit.

In 2013, the scale of China's Internet consumer financial market was 6 billion yuan, and it is expected to exceed 16 billion yuan in 2014, which is close to 170%. The total scale of Internet consumer finance will exceed 100 billion yuan in 2017, and the growth rate in the next 3 years will reach 94%.

According to Qian Haili analysis, in contrast, the electricity supplier has a complete customer consumption record and has an inherent advantage in assessing the credit rating of customers.

At the same time, the layout of consumer finance for these enterprises is based on consumption, and more importantly, to seize the users.