Research On Financial Risk Management Of P2P Network Lending Platform

As a kind of financial product,P2P is one of the hottest topics at present.As a"popular star" for small loans,P2P integrated into the lives of people and became a common investment method.According to the industry data of online loans,at the end of December 2018,the scale of P2P transactions reached a new height,with an industry turnover of 59.698 billion yuan and a comprehensive annual interest rate of 9.03%.From June to August 2018,it is the most memorable three months for all online lenders.During this period,thousands of online lending platforms have experienced numerous problems such as illegal fund-raising,fraud,and running.In recent years,P2P online loans have entered the remediation period,and government has actively introduced policies to fill the gaps in P2P online lending laws and regulations,but there are still many platforms that have been eliminated due to irregular operations.Therefore,doing a good job of financial risk management is an essential element for the platform to survive in the historical torrent.This paper selects the classic online loan platform of Hongling Venture Capital as the main research object.Through a large amount of literature analysis and the collection of data from Hongling Venture Capital's official website,the author has a deep understand of the operation mode and risk control mode of Hongling Venture Capital.The innovation of this paper is that the author studied the financial risks of Hongling Venture Capital through various methods such as case analysis and financial data analysis.After analysis,it is found that Hongling Venture Capital has a series of financial risks such as large-scale default risk,liquidity risk and intermediate account risk,and many financial risk management issues need to be solved urgently.This article is based on the case of the entire online loan industry,and finally put forward its own recommendations from three perspectives,I hope that the P2P industry will develop in a healthy and dynamic environment in the future.