It is very simple to judge whether a company is a technology company or a financial company, and you will know the source of income you see. Where does the income of ants come from? Is it a technical service fee? If technology services are still in the majority, it is a technology company. The problem is that the income of ants is interest, not financial service fees.
Moreover, Ma Yun did a great job. He engages in ABS, asset securitization, spreads risks to the society and keeps high returns for himself. Here's how he operates:
First, suppose that the principal of the ant is 10 billion, then the total loan and creditor's rights are 10 billion; Secondly, carry out ABS, divide the 654.38 billion creditor's rights into three parts and sell them to Alipay users or companies as three kinds of funds; Then, the first kind of fund does not guarantee the principal and interest, but it has high risks and high returns. In case the money can't be collected, the first fund will be gone, and the second one will protect the principal and interest, with lower risk and lower income. The third is to protect the capital and interest, with low risk and the lowest income; Finally, after selling the 65.438 billion yuan fund, you can get 65.438 billion yuan of principal and continue to do it.
Not only that, there are many subsidiaries under the Ant Group, which are engaged in lending, ABS and selling funds respectively, but these subsidiaries will cross-buy the first fund (high income) in the brother company with the money from selling funds, but the risks are borne by the people who buy the funds, which is called their own high income and high social risk.
What are the advantages of borrowing money to spend money?
How about borrowing money for consumption? Don't you have to return it? I wish I didn't have to return it. If you want to return it? Flowers and loans are just stalling for time, and one day this hole will be filled!
Personally, I am very opposed to borrowing money for consumption, especially their temporary quota, which is to induce consumption!
In fact, from my personal point of view, Ant is a financial company whose main business is to spend money and borrow money. Comprehensive financial institutions supplemented by financial products issued by banks and securities companies have helped some young people who have just stepped into society by spending money first and borrowing money later. I agree with this, but because these people are not self-binding, ants also use this big data to limit the amount.
They say every day that you are not a restraint company, why don't you take out what you have created? Walking in the street, auctioning in the mall! Just let them prove it.
Through Taobao consumers' online shopping information and Alipay payment information, a large amount of customer data has been accumulated, and consumer credit lines and loan credit lines have been granted by using Internet big data technology. Online shoppers use flower buds to charge merchants, and borrow flower buds to charge loan interest. Essentially, it is engaged in financial business and financial services. Therefore, Ant Financial involves some non-compliance issues and was interviewed by the regulatory authorities and suspended from listing.