ANT IPO stopped at last minute
發表於 : 2020-11-21, 17:16
Ant IPO stopped at last minute
https://drive.google.com/file/d/1gpNCUV ... sp=sharing
1. Has ANT (Alipay) contributed positively to China?
2. Why is the IPO stopped?
3. Default rate from Big Data is 1%. Loan Interest rate maximum at 14%.
4. Ant partners with Bank, pays interest at 4%. Bank loans 98%; Ant loans 2%! Bank undertakes most risk.
5. Ant then packages "loans" as financial instruments. Pays Interest at 5% to investors. Pockets 5%.
6. Same process repeated. Effective leverage can be 100 times.
7. Micro loan from RMB500 to 50,000 with average at 3,000.
8. Parents likely to help children pay loan as Alipay is now a necessity in daily life...
ANT packages "credit" as financial instrument. High risk loans filtered out by Big Data (Fintech).
https://drive.google.com/file/d/1gpNCUV ... sp=sharing
1. Has ANT (Alipay) contributed positively to China?
2. Why is the IPO stopped?
3. Default rate from Big Data is 1%. Loan Interest rate maximum at 14%.
4. Ant partners with Bank, pays interest at 4%. Bank loans 98%; Ant loans 2%! Bank undertakes most risk.
5. Ant then packages "loans" as financial instruments. Pays Interest at 5% to investors. Pockets 5%.
6. Same process repeated. Effective leverage can be 100 times.
7. Micro loan from RMB500 to 50,000 with average at 3,000.
8. Parents likely to help children pay loan as Alipay is now a necessity in daily life...
ANT packages "credit" as financial instrument. High risk loans filtered out by Big Data (Fintech).