Thu, Oct 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Celent report predicts P2P lending in China will grow steadily

Tuesday, October 29, 2013

Beverly Chandler, Opalesque London:

The Future of P2P Lending in China, a new report from Celent finds that the peer to peer lending market in China has grown from $30m in 2009 to $940m in 2012, and will reach $7.8bn in 2015.

Key findings of the report include the fact that in the past five years, banking assets in China have been growing steadily at 20% per year, but the structure of the Chinese credit market has been irrational, Celent says. "For example, bank loans tend to be given to large enterprises, while small and medium enterprises find it difficult to obtain a loan. The future Chinese credit market will become more diverse, so as to facilitate the provision of bank loans; interest rates will be liberalized, and a national credit system will be set up."

The company finds that the peer-to-peer (P2P) lending model is one example of such diversification. "P2P lending relies on internet technology to carry out transactions; it also reduces risks and gives rise to competition in interest rates. In practice, the advent of the internet has influenced the finance industry to a certain degree, especially in the personal and small and medium enterprise financial markets. For example, AliFinance has created new business models in the areas of payments, unsecured loans and risk management through the introduction of Internet technologies."

Celent’s research revealed that P2P suppl......................

To view our full article Click here

Banner

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t