The Warning Research On Financial Risk Of Chinese Peer-to-Peer Lending Platforms

In the era of Internet financial,P2P lending is an innovative model of Internet finance,It has played a significant practical role in alleviating the investment demand of private capital,filling the financing gap of small and medium-sized enterprises and perfecting our financial system.Since 2014,Reports on the Work of the Government have mentioned many times in a row referred to “internet finance develops in line with regulations”,this shows that the Internet finance industry has received more and more attention.With the rapid development of Internet finance,which P2P lending industry fiercely develop and the number of P2P lending platforms has increased dramatically,while the platform of fraud,running and withdrawals difficulties and other events occur frequently.Besides,financial risk's identification,measurement and prevention of P2P lending platform is lack of rigorous,systematic theoretical basis.Practitioners and researchers of P2P lending industry have not take enough attention to the financial risks,this situation is not conductive to the healthy development of this industry.Thus,it is necessary to evaluate and analyze the financial risk of the P2P lending platform.Based on theory of financial risks of commercial banks and combined with China's unique current statue of P2P lending industry,this article describe the financial risks of P2P lending platform with detailed analysis and research.And then combined with commercial bank financial risk rating index and method,determine the the financial risk evaluation index;And using the principal component analysis method to evaluate the financial risk of the platform comprehensively;simultaneously,improving the KLR signal analysis method to establish the financial risk warning model;Then select 100 samples platform,collecting the original data of the evaluation index,and using the warning model to analysis the risk level of the platform,thus combined with the current state of platform to evaluate and analysis.Finally,according to the financial risk of P2P lending platform facing,the article puts forward some suggestions for the stable,healthy and sustainable development of P2P lending.