cover of episode Ep. 76: Lufax IPO and the end of P2P lending in China

Ep. 76: Lufax IPO and the end of P2P lending in China

2020/10/19
logo of podcast Tech Buzz China by Pandaily

Tech Buzz China by Pandaily

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Rui Ma和Ying Lu分析了中国P2P借贷行业的快速发展和崩溃,指出其兴起得益于智能手机普及和消费者对互联网金融的熟悉,但在2015年达到顶峰后,大量平台因欺诈和管理不善而倒闭。他们认为,监管缺失和平台的"刚性兑现"承诺是导致行业灾难的重要因素,最终导致大量投资者损失惨重。政府的干预和监管加强,迫使P2P平台转型为小型贷款提供商。陆金所作为行业幸存者之一,凭借其与平安集团的关联和转型,正在寻求在美国上市,但仍面临来自财富管理产品销售的风险。 两位主持人深入探讨了中国P2P借贷行业的兴衰成败,从早期发展到后期监管,以及行业内存在的各种问题,例如庞氏骗局、风险管理缺失、监管滞后等,并以陆金所的IPO为案例,分析了行业转型和未来发展趋势。他们指出,虽然P2P借贷模式在中国已经走向衰落,但其背后的金融需求依然存在,新的金融模式和监管体系将是未来发展方向。

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Shownotes Transcript

In episode 76 of Tech Buzz China), co-hosts Rui Ma) and Ying Lu) take advantage of the recent Lufax IPO filing (Chinese name: 陆金所 lùjīnsuǒ) to talk about the P2P lending industry in China, which has been an oft-requested topic! We get into China’s (lack of) regulation of the nontraditional form of financing, drivers behind the industry’s quick boom and bust, and some of the reasons Lufax is one of the few, and biggest, survivors. 

We have started uploading all of our past episodes onto the new Tech Buzz China YouTube channel) and putting them together into playlists by sector — check it out. You’ll soon be able to find this and other relevant episodes under the “fintech” category. 

Yes, Rui is still researching and writing on ByteDance, for publication as an ebook! You’ll want to get front-row updates on it by subscribing to our newsletter, at techbuzzchina.com). As always, our past transcripts and other content are also viewable at pandaily.com) and supchina.com). 

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Thank you to our ever-talented producers, Caiwei Chen and Kaiser Kuo, as well as to Jason MacRonald at SupChina.

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