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China Internet Crowdfunding and Wealth Management Industry Report, 2015 - Reportlinker ReviewNEW YORK, Oct. 7, 2015 /PRNewswire/ -- Main business models of Internet finance include: (1) third-party payment; (2) network lending (P2P and network microcredit); (3) crowdfunding; (4) Internet wealth management; (5) Internet consumer finance; (6) virtual currency; (7) Internet financial portal; (8) guarantee; (9) credit investigation system. The report focuses on Internet crowdfunding and Internet wealth management industries. Since Alibaba launched Internet wealth management products in Jun 2013, Internet companies, fund management companies, banks, and independent fund sales institutions have launched their own Internet wealth management products, basically all money funds. By asset size, Yu'ebao managed by Ant Financial under Alibaba is far bigger than other competing products. By the end of Jun 2015, Yu'ebao users hit 149 million, and asset size amounted to RMB613.381 billion, seizing 25.4% of the money fund market share and 41.9% of the Internet wealth management product market share. With introduction of easy monetary policies by China's central bank in the second half of 2014, the yields of Internet wealth management products have fallen sharply, and a single money fund cannot fulfill peoples' demand for wealth management. Accordingly, Internet wealth management platforms introduced other wealth management products, such as bond funds, blend funds, equity funds, bills, insurance, loans, stocks, etc. At present, main Internet wealth management platforms in China include Ant Financial's Zhao Cai Bao, JD Finance's financial channel, Tencent' Li Cai Hui, and Baidu Finance. Zhao Cai Bao gets the lion's share in Internet wealth management market based on 300 million real-name Yu'ebao users. By the end of Jul 2015, the number of investors on Zhao Cai Bao exceeded 7 million, and cumulative transactions reached RMB224.497 billion, up 29.0% on a month-on-month basis. Transactions in Jul 2015 arrived at RMB50.53 billion, rising 26.9% month on month. With rising income, growing awareness of wealth management and introduction of multiple wealth management products meetings needs of different groups of people, the number of Internet wealth management users and market size will expand rapidly. China Internet Crowdfunding and Wealth Management Industry Report, 2015 highlights the followings: Overview of Internet finance in China (definition, business models, development history, case of financing, trends); Development environments for industry (relevant policies, deposit and financing, Internet user, big data, cloud computing); China's Internet crowdfunding industry (business models, development history, market size, rewards-based crowdfunding market, real estate crowdfunding market, equity-based crowdfunding market, trends); 13 major Chinese Internet crowdfunding platforms (profile, profit models, project financing, risk control, etc.); Chinese Internet wealth management market (definition, classification, relevant policies, fund sales institutions, fund sales payment institutions, operation of fund industry, market size of wealth management products, competitive landscape, wealth management platforms, mobile wealth management APP, etc.); 10 major Chinese Internet wealth management platforms (profile, layout in Internet finance, businesses, operation, etc.) Read the full report: http://www.reportlinker.com/p03226800-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker reviews, finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/china-internet-crowdfunding-and-wealth-management-industry-report-2015---reportlinker-review-300155990.html SOURCE Reportlinker |