P2P staged revival drama

Not every P2P platform is starting to run or is on the verge of bankruptcy. Some P2P platforms are quite relaxed, a public fund and broker's guest. After a good talk, there has been a lot of P2P platform with the success of the hands of the fund brokerage. Minsheng Bank plus letter financial wealth, GF Fund and PPmoney and is the newly registered two pairs of "newcomers." The GF Securities Branch by way of a subsidiary of millions of P2P platform investment net which is even more a bold guess.

P2P platform is becoming the new flow of public funds entrance. "They fancy the platform has the ability to fund accounts." Wing Lung loan chairman Wang Sicong said. In the past year, the enthusiasm of the fund companies to contact the network has risen. All those Internet platforms with capital deposits have quickly been developed into new sales channels. A wealth of wealth management users gathered P2P platform has naturally become its pioneering Internet channels. And many small-loan P2P assets on the platform is the broker aimed at the prey. A number of P2P platform executives told Economic Observer, brokerage come to talk about cooperation, the most interested in the securitization of credit assets.

However, these businesses can contribute to P2P second spring, have to look at regulatory policies, after all, the identity and legitimacy of the P2P platform is still in an awkward ambiguous state. "After the cooperation, if the SFC halts, the brokerage will find it troublesome," Wang Sicong told Economic Observer.

Public funds new traffic entrance

As early as after the Spring Festival this year, PPMoney released news of its cooperation with public funds, followed by several responsible executives from several fund companies in South China. "In the end we chose GF Fund," PPMoney general manager Hu Xin told Economic Observer. June 20, PPmoney announced a cooperation agreement with the GF Fund. In cooperation, the platform mainly provides information and serves as a guide to the page, while the investment process is completed in the background of GF Fund.

After six months of research and development, the cooperation between the two parties is expected to be launched in July. Economic Observer reported that the exclusive was informed that the PPMoney platform will be launched a class called "cash cow" balance of treasure products. The "Money Tree" trading structure is similar to the balance treasure, which is essentially a money market fund embedded in the PPmoney platform. In addition, the Economic Observer learned from PP-Money that the "cash cow" will only pick up a monetary fund provided by the GF Fund in the first phase, but may later pick up more products from different fund companies.

This means that PPMoney may open up more customer resources to more cemetery funds in the future. PP-Money formerly known as Wanhui Investment and Financing, renamed after its position from the P2P platform gradually transition to the Internet financial platform. Therefore, in addition to continuing to provide traditional investment projects on the platform, the addition of more diversified wealth management products has become an urgent need. "The money-making product itself can not make much money, mainly to better serve the platform's investors and give them one more financial option," said Hu.

Additional class treasure products, it seems to be becoming standard P2P platform. Insiders believe that this is mainly P2P platform to increase funding in the platform of the sticky. Prior to this, Lu Jin launched the balance class treasure products "Lu Campbell", the user opens the "Lu Campbell" function, the investment back to the financial products will automatically buy Ping An Dahua Nissan Monetary Fund, the annualized return rate of 2% -6%.

In contrast, P2P platform is more like the biggest beneficiary of cooperation. According to the net loan home data, whether it is PPmoney or Minsheng Bank plus letter of financial wealth, the volume is not in front. P2P platform can give the cemetery fund how much the amount of accounts and funding is still questionable.

However, it is still one of the tactics for public funds that are actively exploring internet finance. Xiao Wen, deputy general manager of GF Fund previously said to the media, although P2P platform contains risks, but also have a great opportunity. "We hope we can try and find some suitable opportunities for us."

It is noteworthy that PPMoney does not currently have a third-party fund sales license. The way both parties cooperate will directly determine whether there is a risk of non-compliance. Economic Observer reported from the GF Fund and PPMoney learned that the cooperation between the two sides, PPmoney as a gateway to play a guiding role, only responsible for providing transaction information. Customer access, the entire investment transactions, settlement process are GF Fund platform. In the meantime, funds went to their escrow account after the purchase was completed and the platform did not go through the process.

"The mode of cooperation between us is similar to the cooperation between Huaxia Fund and Baidu," insider of GFDR told Economic Observer. In the cooperation between Huaxia Fund and Baidu, all fund sales and sales activities of investor trading account opening account, redemption transaction, payment settlement and follow-up customer service are completed by Huaxia Fund. Baidu only played the role of flow introduction and did not participate Fund sales business. China Securities Regulatory Commission had held a press conference foreign explanation, Huaxia Fund and Baidu's cooperation did not involve illegal content.

In addition, the Economic Observer learned that at present PPmoney is preparing to apply for fund consignment qualification, and organizing personnel to participate in the relevant qualifying examination.

Broker's intentions

Find P2P platform for cooperation in financial institutions, in addition to banks and funds, brokerage figure also began to appear.

Economic Observer learned from a number of P2P platforms, brokerage firms and P2P platform cooperation has three main demands. First, hope that with P2P marketing platform to sell their own assets and other products. Second, the broker believes that the quality of the assets of some micro-loans on P2P platforms is better and the plan is to be packaged in the form of securitization of credit assets and sold to their own customers. Third, brokers also want to start a similar P2P platform and currency cooperation. "Brokerage also has the ability to fund management and similar balance of treasure products, users can P2P platform to effectively use the idle funds up." Ju Jian-wen, CEO of everyone Ju Cai told Economic Observer.

Gathering the target investors' sales channels and better quality credit assets are the two major selling points of the most attractive broker on the P2P platform. "Securitization of our platform's credit assets, this piece of their interest quite big." Xu Jian-wen said after Haitong Securities had come to discuss.

However, there are no cooperative projects that have landed since the hot business discussion. "Cooperation is still being talked about, but the promotion is slower, mainly because of the policy uncertainty and insufficient impetus." Xu Jianwen said.

Wing Lung loan chairman Wang Sicong also have the same feelings. This year, three or four brokerages find their way home, but in the end all stay in the "talk" level. At present, the identity and legitimacy of P2P platform is still in an awkward and fuzzy state. "After the cooperation, if the SFC halts, the brokerage will find it troublesome," Wang Sicong told Economic Observer.

Recently, media reports said Liu Mingkang, the former chairman of China Banking Regulatory Commission, will lead P2P research in September. Wang Sicong believes that with the clarification of policies, business cooperation between brokerage and P2P platforms will be more and more and gradually come to an end.

In addition to policies, brokers and P2P platforms have not yet found a better mode of asset securitization, but also one of the reasons for the slow progress of cooperation between the two sides. "In addition to Alibaba and Orient Asset-backed Asset Securitization, at present there is no better case." Xu Jianwen said.

At the end of June 2013, the card of the East Securities Co., Ltd. - Alibaba special asset management plan was approved by the CSRC and became the first batch of asset securitization products approved by small-loan-based securities companies. In the special plan, Shanghai Orient Securities Asset Management Co., Ltd. as a manager, to set up a special asset management plan to raise funds to buy small loan companies in the small loan assets.

Strategic investment difficult mainstream?

Brokerage and P2P platform in the intent to undercurrents surging intentions, there is no shortage of pioneers of some bold layout. After Founder Securities intends to cooperate with ShunNet to build a platform for P2P investment and financing businesses, GF Securities also recently acquired a network of peer-to-peer P2P platforms.

Economic Observer reported exclusive, GF Securities through its wholly-owned subsidiary GF Sindhi Investment Management Co., Ltd. which investment network for a strategic injection. Close to the transaction, an informed source revealed that GF Sind investment shares which network to spend billions of dollars, the shareholding ratio between 20% -30%.

According to the current progress of the talks between the two parties, GF Sindh will provide support for the introduction of talents and the establishment of government relations and share the resources of investment and business engagement with Gadu Network. However, what network for investment, the GF behind GF Shun Tak Securities and its subsidiaries GF Fund and E Fund, is the biggest selling point in this transaction.

An investment which net an executive revealed that I hope in the future which network to vote in GF Securities status and play a role, with the back of Lu Jin Ping Group comparable. However, this is only a good idea which network investment unilaterally. The cast which network executives are also frank, as the transaction is made by the subsidiary GF Sind, cast which network to be bottom-up access to GF Securities recognition is not easy. "We hope to gain the approval of GF Securities as soon as possible.If we can cooperate with GF Securities, the space for imagination will be bigger," said the source.

GF Securities P2P platform layout of the real intentions and specific strategic considerations, the reporter has not yet known. However, the attitude of GF Securities is by no means indifferent. The source said GF Shun Tak and its parent GF Securities attaches great importance to the transaction. At present, the two sides are negotiating further strategic cooperation. Which network investment network nearly two weeks in close contact with various branches of GF Securities and its subsidiaries to find the possibility of cooperation.