My black technology plug-in - Chapter 162

Near Buzhou mountain, Xingyue cafe.

Qin Jian went into the cafe, glanced and saw a middle-aged man, who was the man who sent Lei Lao’s calligraphy to him before, and his name was Wang Feng, a very common name.

Across from Wang Feng, Qin Jian sat down.

Wang Feng smiled and said, “I ordered you a cappuccino. I don’t know if it’s with your taste.”

Qin Jian looked at the coffee in front of her and said with a smile, “thanks, but I never drink coffee.”

Wang Feng smiled and didn’t care. He took a sip of coffee and said, “what do you think of Ma Yu?”

Qin Jian said in a deep voice, “that Ma Yu?”

Wang Feng said with a smile: “it can also be the Ma Yu. Naturally, it is the Ma Yu of the stealing sky group.”

Qin Jian nodded and said, “I don’t have any opinion. I just know he’s not interested in money.”

Wang Feng laughed and said, “what do you think of the recent IPO of leech financial services?”

Qin Jian shook his head and said, “I’m not too interested in this.”

Wang Feng nodded and said, “let me tell you about the listing of leeches.”

Qin Jian smiled and said, “you asked me to talk about leeches?”

Wang Feng nodded and said, “yes, I won’t hide it from you. Old Lei doesn’t like Ma Yu’s behavior.”

Qin Jian nodded and said, “well, you say, I listen.”

Wang Feng continued: “Leech’s core business is to provide third-party payment and guarantee for Taobao. In the past, leech was only a guarantee tool. However, with the development of technology, leech, or steal group, began to do small loan business with the big data information in its hands, specifically the user’s transaction data, for those who lack funds Home loans. ”

“This service has gradually become one of the most profitable businesses of leech. However, leech is not willing to lend only to small and medium-sized enterprises. He focuses on individuals and launched a series of products, starting with yu’e Bao, then Hua Bai and borrow Bai. The amount of these small loans is usually not high, hundreds or thousands of yuan. Most of the users are college students and just entering the society Young people. ”

“These people have a common feature, that is, they have weak repayment ability and no assets. Ordinary banks or financial institutions are reluctant to lend money to these people because they have a great risk of default, but leeches dare to borrow, and they are unsecured credit loans, and the default rate is very low, with a default rate of less than 1% The approximate rate is an unimaginable figure for traditional banks. It is too low, and it is a loan without any mortgage. Do you know how leech did it? ”

Qin bamboo slips were silent.

Wang Feng continued: “They screen out those high-quality customers through big data, and the screening results are very accurate. They can clearly calculate the repayment ability of a person. Although the repayment ability of these customers is very low, they still have the repayment ability of hundreds and thousands of dollars. Each of these small loans is very small, but they add up to a very terrible number Word. ”

“Leeches’ lending scale is as high as 300 billion, and this is not the most terrible. The most terrible thing is that the 300 billion loans are pried by them through financial leverage, and their principal is only 3 billion.”

“Use 3 billion to pry 300 billion funds, which is 100 times the leverage. Do you know how to pry?”

Qin Jian nodded and said, “asset securitization.”

The so-called asset securitization is a method of using debt as collateral to raise funds from the market. In short, for example, Xiao Ming has 100 yuan. He lent it to Xiao Hong, and then Xiao Hong gave him an IOU specifying the repayment date and interest rate. After Xiao Ming got the IOU, he took the IOU to Lao Wang next door and used it as a mortgage And promised that one of the interest given by Xiaohong was Lao Wang’s, so he got 100 yuan from Lao Wang,

In this way, Xiao Ming has another 100 yuan in his hand, and then he can lend the 100 yuan to Xiao Qing. He also gets an IOU from Xiao Qing. Then he takes the IOU to the old sun next door, uses the IOU and interest as collateral, and gets 100 yuan again. In this way, the original 100 yuan becomes 10000 yuan,

In other words, Xiaoming pried 10000 yuan with 100 yuan, and the game can cycle indefinitely. The more cycles, the more profits he can make, and his cost is only 100 yuan. Even if someone doesn’t pay it back, it doesn’t matter, because the money is not Xiaoming’s at all. Unfortunately, it’s the person with the debit note, and Xiaoming is equivalent to one Just an intermediary, earning interest without taking risks. This is a typical white wolf with empty hands. It has a professional term called ABS.

Wang Feng nodded and continued: “yes, it’s asset securitization. This method is the method of Wall Street in the United States, and its consequences have been tasted all over the world. The financial crisis is the ultimate consequence of asset securitization, and now Ma Yu has used this method in lending.”

“The people who buy these securities are all kinds of funds, banks, including social security funds and pension funds, which are related to the national livelihood. Their participation gives Ma Yu more funds to play this game. If there is a breach of contract, such as large-scale bad debts, the whole chain will be broken, and finally the Department that buys the securities will lose money No return. ”

“You can imagine how much impact it would have on Kyushu if the social security fund and pension were lost.”

“If Leech’s lending method is the same as that of the bank, with asset mortgage, that is, Ma Yu’s pawnshop thinking, then this risk is acceptable. After all, if you don’t pay back the bank’s money, the bank can still collect your house and your car, and you can recover some funds, but leech is a pure credit loan. Once the user defaults, everything will be lost No more. ”

“And the risk of default will increase exponentially with the continuous expansion of leech lending. Have you ever seen the advertisement of Huabai borrowing? For example, after graduation, you can borrow a sum of money to travel. For example, if you like a Vientiane life and death dish, you can borrow money to buy one. For example, you can borrow a sum of money to open a room with your girlfriend and open a five-star hotel. What is this “This is not only to induce lending, but also to induce those young people to spend ahead of time. This way will inevitably lead to the rising default rate, which will lead to systemic financial risks.”

Qin Jian nodded and said, “I understand what you said, but what does it have to do with me?”

Wang Feng smiled: “It’s a big relationship. You should know that the listing of leech financial services was stopped because of Lei Lao’s strong opposition. Otherwise, leech now has 3 trillion yuan of funds. You can imagine that if such a large amount of funds are combined with leverage, it’s not much. As long as 10 times the leverage, it’s 30 trillion yuan of funds. If all these money flows into society, What are the consequences? ”

“The consequence is that all people will consume ahead of time, and in order to release all the money, leech financial service will continue to lower the threshold of loans, and the bad debt rate will continue to soar, so that those who buy securities will lose their money. For Yu Mayu, it doesn’t matter, because they lose other people’s money, but all the money they earn is His. ”

“In order to avoid this situation, many consuls led by Lei Lao stopped the listing of leech at the Tiandu meeting. However, Ma Yu, the richest man, is not in vain. Now he is launching various relationships to promote the re listing of leech. Lei Lao can’t stop it for too long. Leech is bound to be re listed for half a year or a year. No one can stop it at that time Enough to stop this monster from devouring the wealth of the whole society. ”

Qin Jian nodded and said, “what do you want to say?”

Wang Feng said in a deep voice: “What I told you, you must understand that although leilao is promoting the introduction of various regulatory policies and will supervise leeches at all levels, the thing of interest sometimes blinds many people, especially those who only care about short-term interests. They don’t care how much harm it will bring to Kyushu after the occurrence of systemic risks. They only care about being able to How much money do you make? ”

“Therefore, we must prevent leeches from listing before regulatory rules are formulated and improved, so we need your help.”

Qin Jian said in a deep voice, “I’m just a businessman. How can I help?”

Wang Feng said: “very simply, we hope you can enter the e-commerce industry and destroy Ma Yu’s foundation. Without the e-commerce business as the foundation, leech will not have so much credit endorsement, and so many people will not buy Leech’s various securitized funds.”

Qin Jian was stunned. He was very clear about what Wang Feng had said before. What leech did was to lend usury to the poor. There was no essential difference between bank lending and bank lending, but one was faced with high-quality assets and the other was faced with low-quality assets. Yes, personal loans were low-quality assets for banks. Wang Feng’s words were true, but there were some exaggerations, Leech’s ability It’s not so bad, or it won’t be stopped.

Now that the listing has been stopped, it is impossible for him to be listed again before the regulatory regulations are improved. Now he wants to enter the e-commerce industry, nothing more than to make Ma Yu’s backyard catch fire and give Lei Zhengsheng’s side more bargaining chips.

And I’m Lei Zhengsheng’s man. I really have to help.

Qin Jian nodded and said, “I can enter the e-commerce industry, but I can’t guarantee that I can kill the stealing sky group, but the semi disabled should have no problem.”

Wang Feng laughed at the speech and said, “Qin Bamboo Slips, don’t say half disabled. Lei Lao will be very happy as long as you can make a fire in his backyard.”

Qin Jian said with a smile, “tell Lei Lao for me. I will do my best.”

Wang Feng nodded and said, “OK, you can rest assured and do it boldly. Don’t have any scruples. Lei Lao will support you in everything.”