The Research Report Of Operational Modes For P2P Online Lending Company

P2P lending industry was originally silent in China, but in 2010 it won the explosive growth, the number of P2 P online lending Company increased from 15 in 2010 to nearly 2000 at the end of 2014, and the industry total turnover is 96.446 billion Yuan. Because there is no regulator in P2 P industry in China, the P2 P Company operated in several different modes, such as the pure flat pattern, the bonds transfer mode, the big capital financing and credit securitization mode, etc. Facing with these company and different operational modes, which company should the investor choose and which operation mode should the P2 P online lending companies choose? Now the China banking regulatory commission had said that it will supervise the P2 P lending industry, so which operational mode may the commission accept? These are all the questions this thesis trying to answer.This thesis use the literature study and comparative analysis method, this thesis can be divided into five parts: introduction; the development situation of P2 P online lending industry; the comparison analysis of different operational modes of P2 P online lending companies; risks that P2 P online lending companies face and regulation suggestions; and conclusion. P2 P online lending company operation mode and case study is the focus of this thesis, in this part, the thesis choose two companies abroad(Zopa, Lending Club) and four companies domestic( Paipai, Yixin, Honglingchuangtou, Lujinsuo) as case to do the comparison analysis in terms of its lending rate generated, the source of the investment fund, risk control and charge. According to our country’s financial regulatory supervision on P2 P online lending industry, this thesis thought that the mode of Lujinsuo is more suitable for long-term development in China, due to it rely on the China Ping An, it has abundant capital and professional risk control system, it can provide guarantee to the safety of investor funds. In the fourth chapter, this thesis describes the special and together risks that Chinese P2 P online lending companies faces, and provides some regulation suggestions on how to solve the risks. The conclusion is that the operational mode of Lujinsuo will be long and continued.