P2P "thunder storm" sequelae: funds only go out of debt and scale up.


"The pressure of payment is very high, and the amount of withdrawals increases exponentially, so the speed of our transfer and withdrawals is really slow. This is the most test time for us. Although we have involved the mode of capital pool, there is no false mark. All that can be done now is to urge all out. Our targeted products plus assets are retracted, and now the average can be returned to about twenty million every day. The collector is the hardest to ensure the operation of the platform. " A Shenzhen large net loan person told the Securities Times reporter.

This is one of the most representative examples in the net loan industry. A number of respondents told reporters that under the liquidity examination, the most busy and tired person was the collector.

How big is the net loan industry? A set of data exclusively extracted by reporters showed that as of July 31, the outstanding balance of the top 50 trading platforms was 406.7 billion yuan. After the burst of thunder, the vast majority of the platform funds are "only out". The phenomenon of active investment is difficult to reproduce before. Only one day in July 29th, the net outflow of 50 platforms reached 575 million yuan.

50 platforms have a net outflow of 575 million on one day

According to the statistics, as of July 31st, the top 50 net loan platform of the transaction scale, the total amount to be collected was 406 billion 700 million yuan; only one day in July 29th, the net outflow of these platforms reached 575 million yuan, and only 7 of them had a small amount of capital inflow.

This must be related to investor's lack of confidence in the net loan industry. In fact, in January this year, ~4 months, the liquidity of the net loan industry is abundant, seven or eight of the top 50 platforms have realized a large net inflow of funds; even in May, the platform began to burst in succession, but more than 70% of the institutions still have the capital inflow. However, since June, net outflow platforms have accounted for more than half of all platforms, especially some small and medium-sized platforms, with liquidity almost exhausted.

It is worth noting that some large platforms began to show signs of continuous one-way outflow of funds from February this year.

In addition, the remaining balance as a risk exposure is also increasing. According to the statistics, the top 50 above the top 50 of the platform to receive the balance from January to June rising trend: January, February, the remaining balance is not more than 400 billion yuan, but in a slow increase; March ~6 months to receive the balance of 406 billion 300 million yuan, 419 billion 400 million yuan, 425 billion 400 million yuan and 427 billion 500 million yuan, the first 7 months to wait for a total of about 28673 billion yuan.

The scale of debt has soared

The liquidity of the platform is exhausted, which is related to the increased cash in the panic atmosphere of investors. At the same time, one of the phenomena that can not be ignored is that investors will not hesitate to transfer their claims at high interest rates to return the principal, or even a part of the principal. For a time, the debt scale of many platforms surged sharply.

The pat loan, which is famous for its small size, decentralization and transparency, has not been spared. The Securities Times reporter found that as of 4 p.m. on July 31st, there were more than 50 thousand marks on the loan platform; you and I had 12 thousand and 800 loans in turn, and the data were only about 2000 half a month ago.

Platform data also show that the transfer rate of a number of platforms is much higher than the actual maturity rate, the transfer rate of individual targets has even reached 200%.

There is a hint from the industry that the continuous extension of platform debt has fully demonstrated the tight liquidity of the platform. A Shenzhen investor told reporters that he had a $20 thousand debt transfer target transfer for a week without success. "I didn't succeed at one time. It was totally out of line with the 1 days ~3 days before the transfer." He said.

In an interview with a reporter from the East China platform, the transfer of creditor's rights needs to be queued up, and investors should be able to succeed according to the transfer timetable provided. According to an industry insider, the average period of debt transfers before many platforms is 2 days ~3 days, but now it is generally over 10 days.

In addition, even if we have already set up a set of financial, entrustment, investment products, and without the transfer of special areas, capital liquidity is a stable platform, the same day is difficult. One of the platform operators in Beijing said to the reporter, "we had a debt assignment at the beginning of the year, all of which are now scattered, so the payment problem is not very big, but our loan volume is really hard to see. The business department has been working overtime every day."

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