防范网络小贷系统性风险--基于蚂蚁金服与美国次贷危机的比较  

Guard Against Systemic Risks of Online Micro Credit--Based on the Comparison Between Ant Financial and the US Subprime Crisis

作　　者：柒永芳 黄家驹 QI Yongfang;HUANG Jiaju

机构地区：[1]中国石油大学(北京),北京102249 [2]四川银行总行金融市场部,四川成都610000

出　　处：《吉林金融研究》2021年第7期30-33,共4页Journal of Jilin Financial Research

摘　　要：随着金融创新持续升级,市面上涌现出大批网络贷款公司,网络贷款产品层出不穷。一部分企业凭借平台、数据、流量和产业链条优势,掌握了巨大的资源,形成复杂的借贷关系网,蚂蚁金服便是典型的代表。本论文通过回顾蚂蚁金服上市前后的风波,比较美国次贷危机产生的过程与原因,分析蚂蚁金服资本运作背后存在的金融市场系统性风险,旨在梳理归纳一些金融市场系统性风险管控的方法,为金融监管提供一定的参考价值。With the continuous upgrading of fi nancial innovation,a large number of online loan companies have emerged in the market and online loan products have emerged one after another.By virtue of the advantages of platform,data,fl ow and industrial chain,some enterprises have grasped huge resources and formed a complex lending network.Ant Financial,a famous Internet enterprise,is a typical representative.This paper reviews the listed affair of Ant Financial,and comparing the process and causes of the US subprime crisis,analyzing the fi nancial market systemic risk behind the capital operation of Ant Financial.This paper also aiming at sorting out and summarizing some methods to control systemic risks in fi nancial markets,and providing some reference value for fi nancial supervision.

关 键 词：系统性风险 次级贷款 金融监管 蚂蚁金服 网络小贷 

分 类 号：F832.5[经济管理—金融学]