史上最长"618"今日（6月20日）落下帷幕。分期免息成为更多消费者的共同选择。来自花呗分期的数据显示，"618"期间，使用分期免息的用户同比增长 19%。从区域来看，"618"期间使用分期免息消费者最多的，都是以"能赚会算"出名，其中广东位居首位，浙江、江苏紧随其后。 国货品牌逐渐成为消费趋势的主导。国产新能源汽车的火爆，带动了汽车零部件行业；频频登上热搜的Labubu，带动了动漫潮玩行业；以上这些消费趋 势也体现在了"618"的分期免息订单里。 来自花呗分期的数据显示，以往，消费者更多用分期免息购买的是手机数码、家电家居等大件耐用品，今年"618"汽车零部件、文教用品、电动车、动漫 潮玩，也和3C数码一起，成为分期免息订单数增长最快的行业。此外，数据显示，提供高期次免息的商品，消费者使用分期免息购买的比例更高。截至 目前，电动车品类的交易金额已经实现了同比30%的增长，每五笔成交订单中就有一笔是用分期免息进行消费的。 值得留意的是，不同地区的消费者，爱用分期免息购买的商品，还呈现出不同的地方特色。比如统计数据中，北京消费者的爱用品类里，出现了宠物用 品；洗护清洁类商品登上了上海消费者爱用分期免息购买的商品 ...

Core Insights - The consumer finance industry is undergoing significant transformation, with a clear differentiation in development paths between leading and smaller institutions [1][2] - Recent financing activities have surged among top institutions, indicating a robust market despite macroeconomic indicators showing a decline in short-term loan demand [1][7] - The industry has evolved through distinct phases, from inception to rapid growth, and now to a period of regulation and refinement [2][3] Financing Activities - Major institutions are actively constructing diversified financing matrices, with recent issuances including a 1.85% interest rate asset-backed security by Ma Shang Consumer Finance, marking a new low for similar products this year [1] - Other notable financing activities include the issuance of 15 billion yuan financial bonds by Zhongyin Consumer Finance and Zhongyou Consumer Finance, as well as a 10 billion yuan bond by Haier Consumer Finance [1] Market Structure and Performance - The consumer finance market has seen a significant performance disparity, with the top five institutions accounting for over 60% of net profits, while the bottom ten hold less than 5% market share [3] - The industry has stabilized at 31 licensed consumer finance companies, moving towards refined operations and compliance with regulatory standards [2] Competitive Strategies - Leading institutions are leveraging technology, scenario-based finance, and diversified funding channels to build competitive advantages [4][5] - The integration of technology into all business processes has enhanced operational efficiency and risk management, while scenario-based finance allows for deeper customer insights and tailored solutions [4][6] - Diversified funding sources, including asset-backed securities and financial bonds, are crucial for mitigating risks associated with single financing channels [5] Policy Environment - The industry is at a critical juncture, with favorable policies expected to stimulate personal consumption loans and enhance service consumption [7][8] - Recent government initiatives emphasize the importance of service consumption in driving economic growth, indicating a strategic focus on expanding consumer finance opportunities [7][8] Future Outlook - Despite increasing market differentiation, there remains potential for mid-tier and smaller institutions to grow by tapping into service consumption and enhancing technology-scene collaboration [8] - The ongoing evolution of consumer finance, driven by regulatory support and market demand, presents new growth opportunities for agile companies [8]

Core Viewpoint - Ant Consumer Finance aims to leverage interactive intelligent risk control technology to identify and support the growth potential of young individuals, aligning with the theme of the 2025 China International Financial Expo, which emphasizes "open innovation, technology empowerment, and co-creating a new financial future" [1] Group 1: Challenges in Inclusive Finance - Despite rapid growth in the consumer finance market, there remains a mismatch in financial supply, with consumer needs evolving from "availability" to "adequacy" and "quality" [2] - The group of young professionals under 30, exceeding 100 million in size, faces significant challenges in accessing inclusive consumer finance services compared to those over 30 due to lower income stability [2] - The traditional risk control methods struggle to accurately assess the capabilities of younger individuals, who may possess unique skills that are not easily quantifiable through conventional means [2][3] Group 2: Innovations in Risk Control - Ant Consumer Finance has introduced a new interactive feature called "Little Red Flower," allowing users to submit over 1,000 types of proof materials to apply for credit limit increases [4] - The intelligent interactive risk control system utilizes advanced multi-modal recognition and verification, achieving a 97% accuracy rate in identifying various credential types and a 92% accuracy rate in detecting fraudulent attempts [4][5] - The real-time credit decision-making process combines static and dynamic user profiles to provide expert-level understanding and precise credit assessments [5] Group 3: Impact on Financial Health - During the trial phase, 68% of young users who submitted skill certificates received real-time credit limit increases, with an average increase of 1,100 yuan, and these users exhibited a delinquency rate less than half of the overall market [6] - The interactive credit limit feature is seen as a means to enhance both user and institutional financial health, with plans to explore behavior-based criteria for future credit limit increases [6] - Ant Consumer Finance is committed to promoting financial health by enabling users to manage their financial behaviors through advanced technology applications [7]

Group 1 - The core viewpoint of the news is that Haier Consumer Finance has successfully issued a financial bond worth 1 billion RMB with a fixed interest rate of 2.20%, aimed at enhancing its long-term funding and supporting inclusive finance business development [1][2][3]. Group 2 - The issuance of this financial bond follows previous financing activities, including the issuance of 5.15 billion RMB in ABS and 1.5 billion RMB in financial bonds in 2024, indicating a robust and diversified financing structure [2][3]. - Haier Consumer Finance has established a diversified financing matrix that includes shareholder deposits, financial bonds, ABS, syndicate loans, and interbank borrowing, enhancing its funding channel capabilities [2][3]. - The company received an AAA rating from China Chengxin International, reflecting its strong capital strength, risk control capabilities, and sustainable development potential [2][3]. Group 3 - The issuance of a 3-year fixed-rate bond helps stabilize funding costs amidst interest rate fluctuations in the consumer finance industry, supporting the company's long-term stable development [3]. - The consumer finance sector has seen active financing in 2025, with several companies issuing financial bonds, showcasing Haier Consumer Finance's strong market recognition through innovative financing tools [3]. Group 4 - Established in 2014, Haier Consumer Finance leverages its parent company’s industrial background to create a dual-driven business model of "scenes + cash," enhancing its self-operated capabilities [4]. - The company has achieved a self-operated business ratio of 74.46% by the end of 2024, positioning itself as a leader in the industry [4]. - Haier Consumer Finance has expanded its services into various sectors such as home appliances, medical beauty, and education, providing installment services to over 3 million users through its "Smart Home Installment" program [4].

"在当前全球经济变局下，中国发展环境的确定性、稳定性更加彰显。中国拥有充满活力和潜力的超大 规模市场，过去是、现在是、将来也必然是全球金融机构展业兴业的沃土。"6月18日，国家金融监督管 理总局局长李云泽在2025陆家嘴论坛上表示。 在李云泽看来，银发经济方兴未艾，养老金融大有可为。中国老龄化进程加快，预计2035年60岁以上人 口将突破4亿人，银发经济规模有望达到30万亿元。希望更多外资机构积极参与试点，更好发挥产品设 计、保险精算、投资管理等专业优势，共享中国养老市场发展红利。 过去5年中国信托、理财、保险资管受托管理资产规模年均增速约8%，已成为全球第二大资产和财富管 理市场。"我们支持外资机构在理财投资、资产配置、保险规划等领域加大布局，更好满足客户财富保 值增值等综合化金融需求，促进财富管理行业提质升级。"李云泽表示。 当前，全球政治经济格局深刻调整，经济稳定增长与金融体系韧性都面临诸多挑战和考验。在李云泽看 来，开放合作是金融发展的时代主题，中国金融高水平开放前景广阔，合力构建金融高水平开放新格 局。 李云泽介绍，目前，全球前50大银行有42家在华设有机构，40家最大的保险公司近半数已进入中国。八 ...

【导读】李云泽：中国金融高水平开放前景广阔 中国基金报记者 晨曦 6月18日上午，国家金融监督管理总局局长李云泽出席2025陆家嘴论坛开幕式，并以"坚定不 移推动金融高水平开放 谱写互利共赢新篇章"为主题进行演讲。 图片来源：国家金融监管总局官网 基金君总结主要看点如下： • 目前，全球前50大银行有42家在华设有机构，40家最大的保险公司近半数已进入中国。八 成全国性银行通过引入境外战略投资者，提升了公司治理效能和经营管理水平。 • 外资银行和保险机构总资产超过7万亿元，各项业务保持良好增长态势。外资保险公司保费 占国内市场份额比例已从2013年的4%提升至目前的9%。外资银行衍生品业务国内市场占比 近五分之一。中资机构也在70多个国家和地区广泛展业，有力促进了贸易和投资发展。 • 近年来，消费已成为中国经济增长的主引擎，中国消费市场规模已达到全球第二，其中，汽 车、手机、家电等实物消费量均排名世界第一。中国正在加速成为全球最大消费市场，不少 外资机构在消费金融、普惠金融领域有丰富经验和独特专长，深耕中国市场必将大有作为。 • 金融监管总局正在大力推进金融资产投资公司股权投资、科技企业并购贷款等相关试点，不 ...

李云泽：外资机构在消费金融、普惠金融等领域深耕中国市场必将大有可为 智通财经6月18日电，今日在2025陆家嘴论坛上，国家金融监管总局局长李云泽表示，消费需求扩容升 级，金融服务空间巨大，近年来消费已成为中国经济增长的主体，市场规模全球第二，其中汽车、手 机、家电等服务消费量全球第一，服务消费进入快速增长阶段，占全部消费的比重较发达国家仍有十几 个百分点以上增长空间。新型城镇化稳步推进，新兴消费业态不断涌现，过境免签、进退税等相关的政 策持续优化，都将释放增量的消费潜力。随着扩大内需战略和投资于人的政策落地，居民收入稳步提 高，民生保障不断加强。不少外资机构在消费金融，普惠金融等领域拥有丰富的经验和独特专长，深耕 中国市场必将大有可为。（智通财经记者 王宏） ...

欧阳日辉也表示，推动更多的公共数据向消费金融机构赋能，以公共数据开发利用引领撬动各方数据的 融合应用，有助于消费金融机构构建更精准的用户画像，提升获客和活客能力。 作为消费金融领域头部机构，招联金融参与了行业标准建立，助力AI技术安全、可靠和可持续发展， 并探索人工智能赋能传统产业领域。招联金融日前亮相第八届数字中国建设峰会，现场展示的"招联仲 思智能中医大模型"平台受到参会者关注。 （文章来源：经济日报） 兴业消费金融近年来加快发展人工智能、大数据，从流程、准入、审查到贷后全链条优化升级管理。在 数据采集层面，通过清洁取数、用户自主授权源头数据等方式，提升用户体验，进一步保障数据真实 性。同时，持续深化外部数据引入与应用，依托数字技术，构建自动化、标准化的风险识别、反欺诈和 运营体系。 今年以来，深度求索（DeepSeek）等国产大模型快速发展，给消费金融行业带来巨大机遇。记者采访 了解到，各金融机构正加快深耕普惠金融和数字金融，通过加大研发投入、充实人才队伍，不断提高金 融服务质效，推动人工智能落地更多应用场景，依托数智化技术助力实体经济高质量发展。 大模型应用于精准营销、理财顾问、贷前风控、信用评估等核 ...

提振消费是扩内需、稳增长的关键，而金融可从需求端和供给端影响消费。中国人民银行近日发布的数 据显示，从需求端看，我国金融体系支持消费的力度较大，2024年末全部消费贷款余额58.7万亿元，是 2010年末的7.8倍，消费金融类产品也不断丰富创新，居民消费融资便利度明显上升。从供给端看，部 分普惠领域的优质服务消费供给明显不足，是未来金融政策支持促消费的重要着力点。 当前，我国银行、消费金融公司、汽车金融公司等多层次消费金融服务体系建设较为完善，为消费市场 稳定发展提供了支撑；金融机构围绕以旧换新、冰雪运动等消费场景，创新推出多元化消费信贷产品和 服务模式，有效激发了市场活力，今年以来社会消费品零售总额增速明显高于上年同期。与此同时，消 费领域结构性矛盾仍较为突出，文体旅游、养老托育、医疗健康等服务消费领域个性化、高品质供给存 在缺口，县域服务消费基础设施建设和物流配送体系还不完善。 从金融支持消费的总体情况看，传统信贷占比较高，股权、债券等直接融资占比偏低，信贷产品适配性 不足，需要通过构建与消费需求相匹配的金融产品和服务体系，扩大消费领域高质量金融供给，最终形 成消费与金融相互赋能、深度融合、良性循环的发展 ...

报告用详实的数据展现了中原消费金融在践行普惠金融方面的突出成效。截至2024年12月31日，公司累 计放款金额突破3980亿元，贷款余额达390亿元，服务客户数攀升至2500万人，多项核心指标位居行业 前列。 6月17日，河南中原消费金融股份有限公司正式发布《2024年度环境、社会及公司治理（ESG）报 告》，全面展示公司在企业治理、普惠金融、科技创新、乡村振兴及绿色金融等领域的卓越实践与丰硕 成果。作为河南省唯一一家持牌消费金融机构，中原消费金融始终秉持"金融为民"的初心使命，通过科 技创新与责任担当的双轮驱动，持续为实体经济高质量发展注入金融活水，为千万家庭的美好生活保驾 护航。 党建引领把方向 合规经营行稳致远 报告详细披露了中原消费金融在完善公司治理方面的系统性成果。2024年，中原消费金融以高质量党建 引领高质量发展，成功召开第一次党员大会并完成第一届党委、纪委选举工作，构建起"党委把方向、 管大局、保落实"的现代化治理体系。在风险管控方面，中原消费金融建立了覆盖信用风险、市场风 险、流动性风险等九大风险的全面管理体系，创新搭建了红岸机器学习平台、雾伞特征工程平台等智能 风控体系。 值得一提的是，中 ...