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《大行報告》傑富瑞:內地金融平台企業「好日子」已過 料螞蟻及騰訊等需成立金控公司
阿思達克 04-30 16:12
傑富瑞發表報告表示,繼約談螞蟻集團之後,就人民銀行等金融管理部門聯合對13家從事金融業務的主要網絡平台企業進行監管約談。騰訊(00700.HK)、百度(09888.HK)(BIDU.US)旗下度小滿金融、京東(09618.HK)旗下京東金融、字節跳動、美團(03690.HK)旗下美團金融、滴滴金融、陸金所(LU.US)、小米(01810.HK)旗下天星數科、360金融(QFIN.US)旗下360數科、新浪金融、蘇寧易購(002024.SZ)旗下蘇寧金融、國美(00493.HK)旗下國美金融、攜程(09961.HK)(TCOM.US)旗下攜程金融等13家網絡平台企業實際控制人或代表參加了約談,並遭提出若干大整改要求。

該行認為,內地二線金融平台業務增長將會放緩,因料會延遲發出相關牌照,部份流動應用程式的功能須下架,估計盈利毛利率會下降。傑富瑞指內地金融科技平台行業的好日子已經過去,過去六個月快速增長已告一段落。

傑富瑞料螞蟻集團、騰訊及其他相關公司將需要成立金融控股公司(FHC),需要更多資本要求及監管條件的許可。該行估計相關金融平台企業要符合監管規定,這些金融科技平台的大多數貸款處於共同貸款模式,相信在此方式進行上市將更困難。

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