May 19, 2014 15:43 UTC

Research and Markets: China Internet Financing Industry Report, 2014

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/qh4lsm/china_internet) has announced the addition of the "China Internet Financing Industry Report, 2014" report to their offering.

Leading Chinese e-commerce companies (Alibaba, Suning, Jingdong) and internet companies (Tencent, Baidu, etc.) have launched internet financial products, e.g. Alibaba's Yu'ebao, Baidu's Baizhuan, Tencent's Li Cai Tong have all become the mainstream internet financial products in China.

Introduced on June 13, 2013, Alibaba's Yu'ebao is currently the biggest internet financial product. As of March 31, 2014, its subscription amount totaled RMB541.3 billion, accounting for 37.13% of monetary fund subscription. Since its inception to March 31, 2014, Yu'ebao has realized cumulative earnings of RMB7.5 billion for its customers, as high as RMb5.7 billion in the first quarter of 2014. Since its inception to the end of 2013, Yu'ebao's average annualized rate of return had stayed at 4.9%, which climbed to 5.2% since its inception to the end of the first quarter of 2014.

With regard to financial platform, major internet companies and third-party fund sales institutions are stepping up the field layout: Taobao, Hexun, Baidu, Tencent, Netease, Sina and Jingdong have successively launched their financial platforms, mainly divided into the following categories:

E-commerce platform: Taobao and Jingdong mainly provide e-commerce platform for financial institutions, which set up shops at Taobao or Jingdong to sell financial products.

Display platform: Baidu Caifu (caifu.baidu.com), Tencent's Financial Supermarket (finance.qq.com/market.htm), etc. which take advantage of gathered users to introduce financial products into financial platform for list gallery by category, and finally guide users to enter third-party financial websites to buy financial products.

Sales & service platform: Tencent's Li Cai Hui (money.tenpay.com), fund.eastmoney.com, e.g. Tencent by using third-party payment license and fund sales payment license obtained by its subsidiary - Tenpay establishes the financial platform Li Cai Hui to provide users with one-stop online services involving net inquiry, fund screening, fund diagnosis, stock information, market trend, making appointment for account-opening, etc..

Key Topics Covered:

1. Overview of Internet Finance

2. Internet Financial Product Market

3. Internet Financial Platform Market

4. Main Internet Financial Product

5. Main Internet Financial Platforms

- 5ifund.com

- Alibaba's Yu'ebao

- Baidu Caifu (caifu.baidu.com)

- Baidu Licai (8.baidu.com)

- Hexun's Licaike (licaike.hexun.com)

- JD Finance (jr.jd.com)

- JD Xiaojinku and JD 8.8

- Sina's Weicaifu (weicaifu.com)

- Suning's Ling Qian Bao

- Taobao Fund Online Store

- Taobao Licai (licai.taobao.com)

- Tencent's Financial Platforms

- Tencent's Li Cai Tong

- Zhaocaibao (zhaocaibao.alipay.com)

- fund.eastmoney.com

- fund.eastmoney.com

- fund123.cn

- howbuy.com

- jjmmw.com

For more information visit http://www.researchandmarkets.com/research/qh4lsm/china_internet

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Internet and E-Commerce, Banking and Financial Services


Source: Research and Markets