The Report China Internet Financing Industry Report,2014 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz
Albany, NY -- (SBWIRE) -- 01/22/2015 -- Internet financing refers to the service pattern in which relevant companies carry out cooperation with financial institutions to provide customers with wealth preservation and appreciation through internet technology and platform. With the development of internet technology and significantly-growing number of netizens, internet financial products and platforms are constantly emerging in China since the second half of 2013.
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.
View Full Report at http://www.marketresearchreports.biz/analysis/198276
In China, most of the existing internet financial products are, in essence, monetary funds, like Yu'ebao docked with TianHong Income Box Money Market Fund, and Baizhuan docked with ChinaAMC Cash Income MMF E. Many internet financial products have realized T+0 monetary fund redemption, characterized by low investment threshold (starting at RMB1 in many cases), convenient and efficient purchase and redemption, and high rate of return (generally higher than the bank's 1-year fixed term deposit), thus attracting a large number of users.
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.
Download Detail Report With Complete TOC at http://www.marketresearchreports.biz/sample/sample/198276
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.
Explore All Latest Published Reports By Research In China at http://www.marketresearchreports.biz/publisher/67
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..
Among internet financial platforms, fund.eastmoney.com (under eastmoney.com) boasts large-scale purchase of financial products, with the number of subscription transactions hitting 1,955,738 in the first quarter of 2014, generating fund sales of RMB38.5 billion, a quarter-on-quarter increase of 83.8%. At the same time, fund sales of eastmoney.com by virtue of outstanding revenue has become one of the company's core businesses.
Mobile Payments: Emerging Trends and Future Outlook
View Full Report at http://www.marketresearchreports.biz/analysis/241532
- The report examines the extent of mobile phone use for payment transactions
- The report analyzes the percentage changes expected in payments through mobile phones until mid-2015
- The report identifies major factors influencing increased use of mobile payments by customers
- The report determines the key reasons behind the growth in the use and acceptance of mobile payments
Download Detail Report With Complete TOC at http://www.marketresearchreports.biz/sample/sample/241532
- The report identifies the preferred products associated with mobile payments
- The report ascertains the satisfaction levels of consumers for specific mobile transactions
- The report highlights respondents concerns over payments through mobile phones
- The report identifies the security features anticipated by customers from mobile payment service providers
China Automated Teller Machine (ATM) Industry Report, 2014-2018
View Full Report at http://www.marketresearchreports.biz/analysis/240599
Global and Chinese ATM markets (2013-2014) present characteristics and trends as follows:
(1) By country, China, India, Indonesia, Pakistan, Nigeria, the Philippines and other countries with low-density ATM installation will be new engines for global ATM growth.
Download Detail Report With Complete TOC at http://www.marketresearchreports.biz/sample/sample/240599
Among them, China as the world's largest ATM market has seen 583,700 ATMs joined China's UnionPay network by the end of the third quarter of 2014, an increase of 63,700 units from the end of 2013 and 99,700 units (up 20.6%) year on year. In the future, the development of rural finance as well as the construction of small outlets such as "community bank" and "financial convenience store" in China will spur the demand for ATM and VTM.
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Browse Our Press Releases by Prnewswire: http://www.prnewswire.com/news/marketresearchreports.biz
Office: State Tower
90 Sate Street, Suite 700
Albany, NY 12207
USA: Canada Toll Free: 866-997-4948