China Internet Financing Market Overview
Internet financing refers to the service pattern in which relevant companies carry out cooperation with financial institutions to provide customers with wealth preservation and appreciation through internet technology and platform. With the development of internet technology and significantly-growing number of entities, internet financial products and platforms are constantly emerging in China since the second half of 2013. Leading Chinese e-commerce companies (Alabama, Sunning, Jingling) and internet companies (Tenement, Baud, etc. Have launched internet financial products, e. G. Alibi’s Yuba, Baud’s Bauhaus, Tenement’s Lie CIA Tong have all become the mainstream internet financial products in China. View Complete Report @ http://www. chinamarketresearchreports. Com/114798. HTML . In China, most of the existing internet financial products are, in essence, monetary funds, like Yuba docked with Attaining Income Box Money Market Fund, and Bauhaus docked with China Cash Income MIFF E.
Many internet financial products have realized T+O monetary fund redemption, characterized by low investment threshold (starting at RMI in many cases), convenient and efficient arches and redemption, and high rate of return (generally higher than the bank’s I-year fixed term deposit), thus attracting a large number of users. Introduced on June 13, 2013, Alibi’s Yuba is currently the biggest internet financial product. As of
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With regard to financial platform, major internet companies and third-party fund sales institutions are stepping up the field layout: Taboo, Hexane, Baud, Tenement, Intense, Sinai and Jingling have successively launched their financial platforms, mainly divided into the following categories: E-commerce platform: Taboo and Jingling mainly provide e-commerce platform for financial institutions, which set up shops at Taboo or Jingling to sell financial China Internet Financing Market Overview, 2014 By brainchild Supermarket (finance. Q. Com/market. HTML), etc. Which take advantage of gathered users to introduce financial products into financial platform for list gallery by category, and finally guide users to enter third-party financial websites to buy financial products. ; Sales & service platform: Tenement’s Lie CIA Huh money. Tenpin. Com), fund. Statesmen. Com, e. G.
Tenement by using third-party payment license and fund sales payment license obtained by its subsidiary – Tenpin establishes the financial platform “Lie CIA Hut” to provide users with one-stop online services involving net inquiry, fund screening, fund diagnosis, stock information, market trend, making appointment for account-opening, etc. Among internet financial platforms, fund. Statesmen.