China Online Lending Industry Report 2015

Jul 27, 2015, 11:11 ET from Research and Markets

DUBLIN, July 20, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/f9dxx9/china_online) has announced the addition of the "China Online Lending Industry Report, 2015" report to their offering.

With the continuous expansion of scale, Chinese small and medium-sized enterprises are seeing rapid growth in capital demand, and the same is true of the individual consumption. However, these fund demands cannot be fulfilled out of different reasons. On the other hand, private capital sat idle due to less investment channels. Against this backdrop, a variety of private lending models have sprung up. Thus, with the help of internet technologies, online lending industry develops speedily as well.

Since PaiPaiDAI, China's first peer-to-peer (P2P) unsecured online petty-sum lending platform, was born in Shanghai in August 2007, China's online lending platform and its market size have swelled. According to the statistical data from Wangdaizhijia, a P2P online lending platform, the number of online lending platforms grew from 50 in 2011 to 1,964 or so in the first half of 2015. Also, the transaction size increased from RMB1 billion in 2011 to around RMB252.8 billion in 2014, and then RMB234.7 billion in the first half of 2015 with a doubled YoY expected throughout this year.

On the other hand, however, what lies behind the prosperous lending industry is a dilemma of no threshold, no standard, and no regulation. Since 2013, the phenomenon of business close-down and bankruptcy has occurred frequently. According to incomplete statistics, the number of failed platforms in the industry reached 275 in 2014, 3.6 times that of 2013. As of June 2015, there were a total of 786 failed platforms, of which that for Jan.- Jun. 2015 amounted to 419, exceeding the full-year total in 2014.

The steady progression of online lending industry in the future will depend greatly on the introduction of relevant laws and regulations. There were no laws and regulations aiming specially at online lending in China as of the end of 2015H1.

Key Topics Covered:

1. Overview of Online Lending Industry

2. Overview of China Online Lending Industry

3. Regional Analysis of Online Lending

4. Distribution of Lending Structure

5. Competition Pattern 

6. Key Online Lending Platforms

- 365edai

- Hepai Online

- Itouzi

- JS808

- Lufax

- PPmoney

- RenRenDai

- Shenzhen Hongling Venture Capital Investment Co., Ltd.

- TuanDai

- Weidai

- WenZhouDai

- Xinhehui.com

- Yirendai.com

- YooLi

For more information visit http://www.researchandmarkets.com/research/f9dxx9/china_online

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



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