On the morning of May 14th, Huang Binjin, chairman of Beijing Zhonghui Kaitian Investment Co., Ltd., accepted an exclusive interview with Xinhua News Agency China Finance in Beijing, and expressed his opinions and opinions on hot topics such as Internet finance and P2P.
This year, the National People's Congress (NPC) and Premier Li Keqiang proposed for the first time in the government work report that it is necessary to formulate an ‘Internet+’ action plan to promote the healthy development of Internet finance, and the P2P industry is once again sitting in the air. On the other hand, there are also challenges behind the development. The phenomenon of network loan platforms such as bankruptcy, running, and cash withdrawal is a frequent occurrence. Investors have also become increasingly divided into "wool customers", "throwers" and customers who really enjoy the benefits of Internet finance.
Under this situation, where will the Chinese P2P industry go? Is it a rebirth or a sudden death?
In this regard, Chairman Huang Binjin believes that, first of all, we should fundamentally understand why P2P is so hot? The popularity of P2P stems from the narrow investment channels of the people and low returns, while SMEs have no access to loans and financing difficulties， so the P2P platform emerged as the times require.
There are three main reasons for all platforms to run: First, the platform itself is poorly managed; second, it is deliberately fraudulent; and third, there is a gap in supervision.
So, in the current environment, how to choose a safe and high-yield P2P platform? Mr. Huang Binjin, based on his own management experience, said that the four principles can help investors effectively "avoid lightning."
First of all, the platform does not have a pool of funds, and it insists on third-party fund custody. This is a red line. Second, the risk control is not sitting in the office using a computer to model or calculate data, but it is necessary to go out and investigate the creditor's rights on the spot. Look, hear, ask, and talk together. Learn more, make more decisions, and win with details.
The third is that the platform must have the ability to dispose of non-performing assets. Once a bad debt occurs, the platform has the ability to realise assets such as collateral quickly to ensure the investor’s principal and interest security and platform credibility.
Fourth, there is a "home base" and "backing." The smaller the platform is, the less able
It is to resist risks. At present, P2P has introduced venture capital, listed companies, banks, etc., all because of this reason.
The stock market has recently gone bullish, and some commentators believe that the stock market pumped water and left P2P in a state of shortage of funds. Mr. Huang Binjin said with a smile that this is an outsider. On the one hand, the data does not support this argument. At present, the investment volume of P2P is still growing at a high rate. On the other hand, sensible investors will still diversify their investments. Even though stocks may seem beautiful at one daily limit, there is also widespread rumbling of full positions. Zero-sum games are not suitable for most people.
Finally, for the future development of China's online banking industry, Chairman Huang Binjin also gave his opinion. He believes that as far as the platform itself is concerned, it is fundamental to find the right business model and achieve profitability, rather than blindly burning money and losing money for the market; it is necessary to do vertical and subdivided markets, and constantly refine and refine the business; At the same time, the risk control should never be relaxed. The competition in the future industry is the competition of risk control capabilities.
In the external environment, the regulatory authorities should issue regulatory policies as soon as possible. However, policies must be suitable for the current objective situation. They should not be too lax to drive out bad companies, but must prevent too many rules and regulations from restricting the death to limit the vitality of the market. The appropriate approach is that the regulator can delineate some red lines so that the threshold can be increased without involvement in specific businesses, such as the prohibition of capital pools.