The P2P platform, which was initially set aside by Hangzhou for a balance of less than one billion, followed by the Beijing platform for a return of less than 50 million, is expected to be followed by similar initiatives in other regions before the end of the compliance inspection, and it is embarrassed by a “minimum and beauty” platform.

As stated in the previous article on file, two points of concern in the P2P filing led by the Financial Services Office by the end of June this year are:

One is regional hedging, with different local filings;

The second is the difference in the difficulty of standardizing platforms, small platforms, which are small-scale ships.

As a result of these two points, a large number of areas have experienced a wave of casings, where platforms in tens of millions, hundreds of millions of regulated areas have been tracked, given the importance of regulatory authorities, national harmonization with standards of compliance, and the small platforms of the current round have been phased out. In regulatory terms, it is important to eliminate the record mentality of P2P casings, etc., and to curb market casing incentives through the clearing of small platforms.

While local regulation has a significant volatility, with one billion knives, it may be followed up by a cascade, perhaps three billions, five billion or even more platforms will be out of the market, but, frankly, in the microcredit circle, a billion balance is no small. We know that under-line micro-credit companies have developed in the country for thirteen years, and as of the end of 2017, there were 8551 microfinance companies in the country, with a loan balance of $97,9949 million, and the average credit balance of microfinance companies has barely exceeded one billion. The average of 100 million small loans on the line is crowded out, and it is clear that 100 million small loans on the line cannot simply be said to be too few. According to the new three-board data, by the end of 2017, the average yield balance of 42 micro-credit companies with new three-board trading plates was over 300 million, with an average of 300 million lines with small credit balances of 300 million and 5 billion seconds with new three-boards.

After all, however, there are more than eight thousand traditional small loans, while P2P currently has about 1,500 reserves, followed by a record location, where 200 can be left, 100 can be said to remain, and more so 50 will remain. The balance of 1,500 cards, 200 by size of the balance, is probably located at what level the balance is, 100 by the card line, 50 by the card line, and the balance is probably at what level. This line of thinking, regulation or regulation, or even less, is also a means of an orderly withdrawal of stock platforms. The regulatory emphasis has repeatedly been placed on “leading out without risk” and which platforms can achieve “risk-free exit”? Historically small platforms with relatively small balances are undoubtedly the main forces of “risk-free exit”.

ranking of the remaining balance of the platform at the top 20,354.494 million yuan renminbi of 50,11171.8 million yuan renminbi of 100,315.94 million yuan renminbi of 20,71.7 million yuan renminbi

Data sources: incomplete statistics on Internet lending houses (specified 313 and industry stock at about 1,500)

With regard to the first platform, and in parallel with the elimination of the small platform, regulation also requires the first platform to implement a “two-demand” (non-growth of operations, where stock irregularities must be depressed and no longer add to non-compliance), but because of the lack of enforcement authority in the local financial offices, “two-way precipitation” requires different results, some head platforms are strictly enforced and some head platforms are not in place. One of the 108 compliance inspection lists issued by the Board is the implementation of the “two-way-down” requirement, which clearly states that if the total size of the inspection point is greater than the increase in June 2017, size control is not in place. It can be seen that some of the additional head platforms will have to be proactive in reducing their size to a lower growth range than at the end of June last year, through compliance checks. For regulatory purposes, some head platforms are still too large. Prior to filing, it can be expected that the “two-way down” of the first platform will inevitably result in a more nationally harmonized compression of progress at the level of GAPS to ensure that the total size of the industry and the individual size of the head platform can control the inter-districts where policy formulation can be more flexible.

Indeed, both regulatory and industry, there has been a voice to replace P2P network lending with network microfinance companies.

From the end of the asset, the network loan is in line with P2P. It is only P2P, in part, to obtain assets on a pouch basis, in part from the off-site shop, and the network credit is to operate outside the bunker province only on a line-by-line basis. In addition, among the local network credit regulation schemes in Shanghai, Yunnan, etc., it is also clear that the net lending balance for individual loans is controlled at 200,000, the business-oriented lending balance at 1 million, similar to P2P.

At the financial end, the network credit is based on the regulatory approach of traditional subprime loans, which can only be financed by external funds with self-financing and not more than 50 per cent of their own financial resources, with a potential breakthrough in asset securitization from the perspective of encouraging financial innovation, but with strict control over leverage. The financial end is only institutional, thus circumventing a range of issues raised by the P2P financial ends for personal dispersal, and eliminating the risk of financial risk as a social risk.

If P2P is replaced by a network subprime loan, all P2P claims are taken over by the network’s small lender, a question of how the head platform complements the full real capital deposit. For the first platform, however, the size of the compressed stock is no longer a mandatory “forced option” under strict regulation, but rather a proactive option for reducing the need for additional real capital payments in the event of a small loan from a transition network.

(The authors of this paper: Founder of the Hundreds of Financial Forum, Research Fellow, New Centre for Financial and Entrepreneurship Investment, Beijing University)

Translation

A recent study has shown that oral sugar containing a specific protein helps to prevent the spread of the new coronary virus and is cheap.

Blood tube tension conversion (ACE2) is distributed on the surface of many human cells and is the “door” of new coronal virus infections. However, if the protein containing ACE2 is to be found in the oral sugar distribution entrance, the virus can be “captured” by combining the bathic protein used in the new coronary surface for the infection of cells. In addition, this protein can also be physically integrated into the cell surface, thus discouraging infection points and acting as a deterrent to new coronary virus infections. It is worth noting that this protein is integrated by ACE2 and a vehicle called the Bahaki (CTB, in combination with the ACE 2 heterosexuals) called CTB-ACE2. The findings are published in Molecular Therapy.

New coronary viruses are usually first infected with human cells in the nose and penium. Through an analysis of the infected, scientists found that oral hypothetical is also a key “storage” for the new coronary. The new study found that the virus in extinction film and salinium was conducive to reducing contagion. If other studies are available to support these findings, this can become a “weapon” against new pneumonia, together with hoods and hand-washing.

To study this strategy, a team led by Henry Daniell, a pharmacist at the University of Pennsylvania, the United States, undertook a genetic transformation of the toxicology to enable them to express this integrated protein — CTB-ACE2, of which ACE2 is solvent. They also demonstrated the safety of high doses of CTB-ACE2. He was then worn into powder and mixed with meat chewing.

Researchers have tested the validity of CTB-ACE2 in this oral sugar for retrofitting rat cells, which generate ACE2. They found lower levels of CTB-ACE2 in samples and, accordingly, a 95 per cent reduction in the number of simulated virus intruder cells with a new coronary stain. Moreover, this sugar can also lead to a 85 per cent reduction in the number of unreformed pneumatic cells in the same mock virus. In addition, the number of such oral sugar has declined by at least 95 per cent, following the inclusion of hypothetical samples from some new coronal infections and specimens.

Daniel indicated that his team was waiting for the approval of the United States Food and Drug Administration (FDA) in order to test the effectiveness of the sugar in humans. Testing by the Coclombé shows that ACE 2 will be released 10 minutes after the 咀嚼, and Daniel estimates that the protective capacity of the sugar can last four hours. In addition, he was testing the feasibility of ad hoc sugar for influenza.

A key question is whether such a cigarette strategy is effective if the new coronary virus is the first to be infected with a headline other than the oral. “Danny Altmann, an immunist of the British Imperial Institute of Technology (DannyAltmann, not participating in the study) said that “the cigarette can therefore have little effect in discouraging such an intrusion unless it can also provide protection for the post-invasion ministry”.

The viralist Julian Tang, who did not participate in the study, indicated that while the chef sugar could not be completely immune from infection, it could also reduce the spread of the new coroner. This has been achieved mainly by reducing the number of infected persons with HIV and reducing the number of transmissionable viruses.

Daniel said that one of the best results was that this section could be filled some six months later with the oral sugar of the new coronary virus. If the new pneumonia in the future remains a threat, it is hoped that one day, four fifths of doctors will recommend this new type of oral sugar for their patients.

Source: OpenClipart-Vectors/Pixabay

Referred from the Global Science

Upstream news: 16 April 08:13

“Further to help me with a photograph, the building is unique!” On 15 April, students from the University of Day Building School are building well-designed building works to attract a large number of tourist spots at the post-Magnetic Lobby in the Shab’a dam area.

“Further to help me with a photograph, the building is unique!” On 15 April, students from the University of Day Building School are building well-designed building works to attract a large number of tourist spots at the post-Magnetic Lobby in the Shab’a dam area.

“What is this brand like the bubble to build a `house’?”? “This booth, which is all built by wood materials, is built in tourist attractions and is certainly the site of Internet red tape!” Visitors photographed the designs of the students who were also based.

The “Graduation of the University” is the “materials and construction” teaching component of the University’s School of Buildings in conjunction with the “building design foundation” curriculum at the first grade of this section.

“The construction season has been held for a period of 10 years, and this year is the third year in which we have come out of school to receive a wide range of citizens’ screening scores”. The Vice-President of the School of Architecture of the University of Yaoundé gave a distinguished presentation and, following two previous sessions, held in the hillsides of the Gulf of Guinea and the White Vientiane Street, respectively, the current construction season, in addition to being displayed in the circumcision area, was the first time that the University of Jubilee Traffic and the Sichuan Institute of Fine Arts were invited to join in three schools, designs and competitions.

Upstream journalists saw 21 teams consisting of 7 university students in grades 2022 and 4 teams from the Sichuan Institute of Fine Arts and the University of Heavy Transport, respectively, with 1:1 physical model constructed with materials from the PP balcony and timber, and a new chronological world built with materials in the hands of materials.

“We started from 9 a.m. until 3 p.m. 10 individuals spent six hours.” A student of the University’s School of Architecture (4th class) at the University of New York University, Vilnius, presented the work of the team to the press, “Inclusive”. The inspiration is derived from the construction of woods on the face of the mathematical double curve, with team members using approximately 90 different wooden parties, to mouthibly shape a “single” landscape that is engulfed by heavy restraints. A unique photocopying effect is also shown for each of the cassavas under sunlight.

“The building is not enough and the space for building is ultimately serviced by human behaviour.” In keeping with this concept, the team, in addition to designing approximately four metres of empty space and slotting, has set aside three entry points for viewers to gain experience. Behind this building model, there is a vision that is narrowly broad.

“Our works are called `sprays’, and the design of a sense of inspiration is drawn from the “Ton bridge museum”, designed and tested for a total of four weeks.” A student at the University of Transport, at its university level, presented the works using the “anti-power structure”, with only a crane to bear the weight of the first half of the building. What is to be shown is the beauty of the design and application of the building space.

“For the problem of material hardness is well prepared for on-site failure, it is not thought that it has been successful today.” Zhang Yi said that the hearts and minds of all of us today were the first in their professional fields to be put into practice, and that the success of the works had multiplied confidence.

The construction season was co-hosted by the University’s School of Building Towns, the Housing and Urban-Private Commission in the Sarn dam district in the city of Kyrenia, and the Financial Street Day and Hong Kong Company Limited. She drew attention to the fact that, in the future, the construction season would also invite the city-wide focus group of primary and secondary school students, as well as out-of-municipal high schools, and provide public access to the Habitat environment and to the green energy-efficient building concept through the establishment of the construction of a general education base.

Upstream journalists Song, Liu Jiayi

Title: Stone

Audit: Associação

“Ronaldo C shouldn’t be in the Manchester Derby. If I were the head coach, I would send a combination of Rush Forde and elanga. Rashford has speed, adapts to the counterattack, and elanga has been in good shape recently. If you ask stuns and Laporte who they are more afraid of facing, their answer is definitely rashford,” Mohsen said.

“In the face of Watford, Manchester United’s possession rate reached 80%, Manchester United created a lot of opportunities, but Ronaldo still didn’t score. In the face of a team like Manchester City, Manchester United may have 10 people to retreat, Ronaldo has no speed and has no effect on the court. So I should know whether he should participate in this game.”

“In the defense, Maguire should not play this game. In the face of Manchester City’s fast passing ball, Maguire will appear bulky, while varane and lindlov are more flexible.”

Iqiyi has been established for many years and has always faced profit difficulties. The latest financial report shows that iqiyi has significantly narrowed its operating losses under a series of measures such as cost reduction and efficiency increase, but it still faces unsustainable cash flow problems. In the fourth quarter of 2021, iqiyi’s cash was 3.075 billion, a year-on-year decrease of 71.8%.

As of December 31, 2021, iqiyi’s total cash, cash equivalents, restricted cash and short-term investments were 4.4 billion yuan (about 694.1 million US dollars). Capital reserves are not abundant.

The high cost of content is a major reason why iqiyi is difficult to make profits. In Q4 2018, iqiyi’s content cost even accounted for more than 90% of its total revenue. Techweb statistics found that from Q2 in 2020, the proportion of iqiyi content cost in total revenue was controlled within 70%. The cost of content mainly comes from the purchase of copyrighted dramas, the production of online dramas and variety shows, etc.

At the fourth quarter earnings conference call, Gong Yu said that the long video industry has entered a new turning stage, which is characterized by the pursuit of efficiency, loss reduction and profit, rather than the pursuit of high-speed growth and share in the past.

Gong Yu also announced iqiyi’s profit schedule: the goal is to achieve non GAAP operation level profit and loss balance in 2022 and quarterly non GAAP operation level profit and loss balance as soon as possible.

It is reported that this is the largest recruitment activity in the £ 2.75 billion investment plan announced in 2020. In addition, the company also said it would invest £ 600 million this year to upgrade technology, facilities and laboratories.