Ant consumer finance plans to increase its registered capital to 30 billion yuan. On the evening of January 13, China Cinda (1359. HK) announced on the Hong Kong stock exchange that the board of directors of the company announced that the company would not participate in the equity subscription after further commercial careful consideration and negotiation with the target company, and the equity subscription agreement referred to in the announcement would not be submitted to the general meeting of shareholders of the company for deliberation. Not participating in equity subscription will not have a significant adverse impact on the operation and financial status of the company. Regarding this matter, people related to ant consumer finance told the 21st Century Business Herald reporter that they respect the business decisions of investors. Chongqing ant consumer finance company will actively consult with all investors under the guidance of regulatory authorities, continue to determine a new capital increase plan as soon as possible in accordance with the market-oriented principle, and ensure that the rectification of consumer credit business is in place. On December 24, China Cinda disclosed that the company entered into an equity subscription agreement with ant consumer finance and ant group. According to the agreement, ant consumer finance will issue an additional registered capital of 22 billion yuan to all subscribers for capital increase. After the capital increase is completed, the registered capital of ant consumer finance will increase to 30 billion yuan. Among them, China Cinda invested 6 billion yuan and held 20%. According to the plan, from the perspective of equity structure, after the capital increase, ant group's shareholding remains unchanged at 50%, and China Cinda is the second largest shareholder, holding 20%. For the original capital increase plan, China Cinda explained that under the background of the growth of consumer demand and the improvement of the regulatory system, the scale of the consumer finance industry continues to expand, and the application of financial technology makes technology drive financial innovation. The board of Directors believes that the target company has investment value by virtue of financial technology empowerment and relying on business scenarios and customer traffic. "By participating in the capital increase, the company can establish a close cooperative relationship with the most leading consumer financial service provider in the industry, and learn from each other in customer sharing, financial technology and financial whole industry chain services, so as to achieve mutual benefit and win-win results." At the same time, it is worth noting that public information shows that China Cinda held 15% equity of Chongqing ant consumer gold company through its wholly-owned subsidiary Nanyang Commercial Bank last year. "If it further participates in the capital increase subscription, its investment in ant consumer finance, a single target company, will be more concentrated." Industry insiders said. Zeng Gang, deputy director of the national finance and development laboratory, believes that in recent years, the regulatory authorities have continuously guided the AMC industry (financial asset management companies and local AMCs) to "return to its origin and focus on its main business", continuously improved its core capabilities such as non-performing asset disposal, and better played its role in financial risk prevention and resolution, "China Cinda's failure to further subscribe for and increase its holdings in ant consumer finance company is likely due to the requirements of focusing on the main business and investment concentration." Read more: Six star institutions participated, but they were stopped less than 10 days after they went online. Why did ant golden election investment adviser suddenly get off the shelf? I still remember that on January 4 this year, ant wealth platform jointly launched the investment advisory portfolio strategy with a number of fund companies, but less than 10 days have passed. According to the latest understanding of the reporter, the investment advisory portfolio strategy has been stopped. Some insiders said: "we have received the notice, some say it is a regulatory compliance issue, and some say it is a fairness issue. For example, as an investment adviser manager, the first step of a fund company should be to screen funds from the whole market and then build a portfolio, rather than leaving this step to ants. But at present, there is no very clear explanation for these statements." Jinxuan investment adviser was stopped Recently, investors who log in to ant wealth platform may find that the entrance of Jinxuan investment consulting strategy has disappeared, and it is less than 10 days since it was launched on January 4. According to the reporter's latest understanding, the golden investment adviser portfolio strategy launched by ant in conjunction with 5 fund companies, fund subsidiaries and 1 brokerage has been stopped. According to previous searches released by various agencies, "Alipay search and * * Gold search" further searched, reporters could not find relevant information. In addition, when the reporter searched today, some institutions still retained the relevant introduction videos about Jinxuan investment advisers, but when they searched again in the evening, these relevant investment and teaching videos were also off the shelf. For this stop, Some insiders said: "we have received the notice, some say it is a regulatory compliance issue, and some say it is a fairness issue. For example, as an investment adviser manager, the first step of a fund company should be to screen funds from the whole market and then build a portfolio, rather than leaving this step to ants. But at present, there is no very clear explanation for these statements." Another industry source said: "I think the reason may be the ant, but it is not very clear at present. There may be some relevant compliance requirements." Positioned as an open platform for investment advisers It is reported that the gold selected fund zone on ant wealth platform is jointly launched by fund evaluation institutions, ant fund and ant wealth. At present, nearly 200 fund products have been included, mainly partial stock funds, and covers stable fund products such as fixed income and fixed income +. As for the screening criteria of gold selection funds, Li Xiaojun, director of ant wealth investment and research, previously introduced that "the fund evaluation agency will initially screen out about 600 funds according to the quantitative standards of different tracks, then conduct secondary screening in combination with the user needs we put forward, and finally select nearly 200 gold selection funds according to more than 1000 regular surveys of fund managers throughout the year." The reporter noted that the first six investment advisory strategy combinations launched at the beginning of the year were based on this gold selection pool, including the upgrading of Southern Gold selection, the value of CAITONG gold selection, the enhancement of harvest gold selection, GF super gold selection, all stars of China Europe gold selection, and Xingzheng Global gold selection base. Among them, the target annual rate of return of Xingzheng global gold selection base is 13%, The current annualized yield of the other five strategies is 15%. In a recent exchange, Lin Sisi, general manager of ant fund, talked about some views on Jinxuan investment adviser, She said: "With the development of fof business in the past two years, the licenses of investment advisory institutions have been gradually implemented. We see that more institutions have incubated professional and in-depth asset allocation capabilities, and China's investment advisory market and investment research end are gradually developing. We also see that many institutions are making strategic layout around investment advisory business, and we are willing to cooperate with these professional institutions to help users and work together with" golden selection " ’The pool is the bottom to provide users with worry free services with thickened configuration. " "Ants are mainly the role of the investment advisory open platform to help users get closer to better configuration services of investment advisory institutions. We have such a role." Lin Sisi further said. Is it feasible to cooperate with qualified external institutions According to the service introduction of ant wealth platform, ant wealth platform provides technical services and solutions for users' online financial product transactions and financial services through cooperation with financial institutions, including fund companies and fund sales institutions. In terms of sales, ant fund, an affiliate of ant wealth, has an independent third-party sales organization, while in terms of investment consulting business, pioneer pilot investment consulting (Shanghai) Co., Ltd., a joint venture between ant fund and pioneer pilot investment management (Shanghai) Co., Ltd., has investment consulting business qualification, Among them, ant fund accounts for 51%. On the Alipay platform, the two sides have launched a "help you" investment strategy. In fact, the screening of gold selected funds involves fund evaluation. Ant wealth platform cooperates with external qualified institutions. In fact, the platform itself and related parties do not have relevant qualifications. In terms of investment consulting, although pioneer pilot investment consultants have relevant qualifications, ant wealth platform itself also does not have direct investment consulting qualifications, It can be said that the golden election investment adviser has superimposed multiple ways of cooperation with other external institutions. During the exchange, Li Xiaojun once responded to the question whether ant wealth has considered applying for an investment advisory license: "we have a joint venture called vanguard. If there is such a joint venture, it is not necessary for us to take another one." Whether these factors are the reasons for the suspension has not been clearly explained. The reporter further learned about ant wealth on relevant issues, but as of press time, ant wealth has not replied, and the reporter will continue to pay attention. (Xinhua News Agency)