Tang Wangkai of reporter of APP of times finance and economics
The net borrows industry experience to adjust period negative effect aftereffect was not used up, a few platform had been in however chip seek appeared on the market. Recently, finance of Fu Qin of platform of science and technology of Chinese car finance trades to American negotiable securities committee (SEC) hands over book of raise capital by floating shares publicly, plan to plan to appear on the market in Nasidake.
Fu Qin finance is the platform that since this year August the 3rd open application of domestic appears on the market, the others is two small borrow net and small gain science and technology. Superintending allot join detailed list of compasses examination problem, each district is entered in succession new below the setting of round of punish, the net borrows platform to restart appear on the market plan opportunity is equal, whether get capital market approbate?
Restart IPO
Show according to book of raise capital by floating shares, code of stock of Fu Qin finance " FQJR " , treasure heart negotiable securities (BousteadSecurities) for IPO exclusive bear sell business. What Fu Qin finance plans to issue 2 million to reach 3.5 million is common and current, issue valence interval to arrive for every 5 dollars 6 dollars, plan collect endowment amount to come for 10 million dollar 21 million dollar.
Outstanding achievement respect, fu Qin finance realized make up the deficits and get surpluses 2017. According to book of raise capital by floating shares, up to on December 31, 2017, financial battalion receives Fu Qin for seventeen million eight hundred and nineteen thousand four hundred dollar, grow 251% compared to the same period, among them net profit five hundred and eighty-eight thousand nine hundred dollar,
Suffer big environment effect probably, promotion of rate of exceed the time limit of Fu Qin finance is apparent. According to book of raise capital by floating shares, up to on December 31, 2017, financial project defaults Fu Qin rate still maintain in the level of 0.65% . But go up in net of official of Fu Qin banking, up to on August 31, 2018, number of pen of its project exceed the time limit achieves 3952, rate of project exceed the time limit is as high as 16.95% .
What plan IPO at the near future likewise is small gain science and technology, the net borrows platform below its banner the show that small Jin Zaifeng winning a network dominates a field also nots allow hopeful. According to government-owned net data, up to this year on August 31, accumulative total of small gold winning a network is leasehold amount seventy billion six hundred and eighty-six million yuan, leasehold pen counts accumulative total 6360881, although amount of exceed the time limit reachs a number,all be 0, forehead of acting indemnity of accumulative total of gold of Dan Xiaoying net achieves 2.066 billion yuan, pen of accumulative total acting countervail counts 6012185. It is reported, what acting countervail points to is because of the reason such as loan square break a contact tripartite repays for you what lend amount.
Outstanding achievement respect, as appear on the market of main body small gain science and technology this year first half of the year net income 1.85 billion yuan, profit of the net after adjusting is 530 million yuan, 2018 match loan amount to be 19.9 billion yuan first half of the year.
In same batch appear on the market publicly in the enterprise of the plan, small borrowing a net is the net that hands over book of raise capital by floating shares the earliest borrows platform. On August 10, 2018, small borrow a net to refer IPO formally to appear on the market to SEC application file, plan to plan collect fund 100 million dollar. According to exposure of book of raise capital by floating shares, small borrow a net only 2017 run closes for three billion five hundred and forty-five million four hundred thousand yuan of RMBs (add up to 535.8 million dollar about) , grow 101.3% compared to the same period. Up to on June 30, 2018, small the only run that borrows a net closes for one billion eight hundred and eighty-three million three hundred thousand yuan of RMBs (add up to 284.6 million dollar about) , with one billion five hundred and sixty-eight million six hundred thousand yuan of photograph comparing of the corresponding period grew 20.1% 2017.
On operation data, small borrow a net to did not publish data of exceed the time limit likewise, appear with the form of acting countervail however. According to government-owned net, up to on August 31, 2018, the small accumulative total that borrow a net trades amount two hundred and two billion five hundred and thirty-six million yuan, accumulative total trades the pen counts 4792001, forehead of accumulative total acting indemnity is 1.069 billion yuan, acting countervail pen counts 19275.
Can see from afore-mentioned data, the platform that plans to appear on the market at the near future is added in battalion debit face fast faster, but meanwhile, suffer a net to borrow an industry to adjust period negative factor influence, each platform accuses a respect to still have bigger promotion space in wind.
Appear on the market to still put a risk
Deserve attention more return those who have platform to appear on the market opportunity. On one hand, the net borrows an industry to just be experienced shuffle greatly, whole trades dimensions is in drop ceaselessly, house of rate of exceed the time limit does not fall high; And on the other hand, superintendency skill punish, the industry is entered new round of examination, rectify cycle. Here setting falls, for the platform to drafting IPO, risk and good luck coexist.
From appear on the market in light of the purpose, plan to be able to be captured more ahead of schedule first machine. National finance and development lab are advanced when be still living and in good health of researcher Pan Jin accepts times finance and economics to interview, express, did not come for some time, the bubble that Internet finance appraise is worth is met gradually undone, no matter will look from the long-term interests of capital or the cost of money before, appearing on the market at an early date is right choice. And fall in current environment, appear on the market to still have the effect that promotes a brand value and market confidence.
Of policy environment optimize also created premise condition to appear on the market. On August 18, 2018, " orgnaization of leasehold message medium joins the network detailed list of compasses examination problem " allot formally, new round of net is borrowed check oneself rectify and reform periodic open, ask relatively clearly with unified superintendency, rectified and reform the job to determine direction for platform, also built the environment of feasibility to appear on the market.
"Relatively clear, uniform superintendency policy appears on the market to platform is advantageous element, platform has a law to be able to be depended on, one rectifies and reform direction clearly, can with a kind more normative, more accord with superintend the form that combines rule requirement to come dovish operation, receive appear on the market; And to capital market, of superintendency policy clear, also make investor the normative sex to platform operation, but durative have hope more, be helpful for platform appearing on the market thereby. " senior researcher Chen Jianing is accepting academy of Su Ning finance when times finance and economics is interviewed, say.
Of pretermission problem detailed list allot what do not mean policy risk to reduce. Chen Jianing thinks, make the same score a condition of this kind of new job to each other gold, although superintend more and more perfect, but because still manage development inchoate, relatively maturity does not calculate other industry condition, reason does not eliminate sequel to be in superintendency policy respect, still can have persistent wave motion and change.
Besides policy risk, platform appears on the market more those who need to face is the pressure that comes from market whole be issued to lower levels. The net borrows an industry to be in those who experience the period of time before this to adjust period hind, bad Zhang rate rises, trade the difficult problem that dimensions pelter already faced generally into numerous platform, this kind of negative factor becomes platform to appear on the market likely the obstacle on the road, affect what borrow platform to the net to capital market to approbate then.
"Negative factor can affect the trade really the profitability of platform and management dovish sex and but durative, affect the appraise value of the confidence of investor, platform finally, even whether can platform succeed IPO. " Chen Jianing tells a times finance and economics, specific nevertheless influence Chengdu sees the development state of affairs of follow-up industry and investor restore a situation to the confidence of whole industry even.
Pan Jin be good at think, the risk that comes from the market can exist continuously. Always involve the risk of financial business, won't because of appear on the market and produce move, but because the likelihood appears on the market and strive for more time, go dissolving a venture, but if essence is windward,cannot dissolve nearly, appear on the market platform is met likewise get into trouble.
