"助贷新规"正式落地后，助贷平台纷纷开启转型，商城模式成为热门方向之一。 助贷业务藏身商城？ 量化派旗下羊小咩商城嵌套分期平台被投诉"利息高" "如果没有分期功能和套现功能，我应该不会用。"消费者李先生使用羊小咩商城是因为他曾接到推销电话，称该 平台购物可以分期。而刘女士则是在羊小咩"变身"前就开始使用，亦是因其"可分期、可套现"而沿用至今。 截至2026年1月4日，新京报贝壳财经记者在投诉平台上检索发现，共有超过3万条投诉包含"羊小咩"。其中，利息 高、收费不合理、商品差价大等成了不少用户共同投诉的问题。 公开资料显示，羊小咩的前身是助贷平台"信用钱包"，但2025年9月份，羊小咩商城的运营方量化派控股有限公司 （以下简称"量化派"）曾在招股说明书中指出，量化派已停止向金融机构提供撮合服务（或贷款便利化及流量分 流服务），并向中国内地相关金融监管机构承诺日后不会再开展该等业务。 为何羊小咩商城被投诉有助贷？多位投诉者告诉新京报贝壳财经记者，他们是通过"便荔卡包"获得的分期额度。 记者在"便荔卡包"App上看到，其首页即可申请分期额度。下方的"商城"在点击后即跳转至羊小咩商城。 近日，新京报贝壳财经记者收到了 ...

智通财经记者 | 曾令俊 "为了符合24%的利率红线，我们不得不收紧风控标准，去年四季度的放贷量少了一半以上。"沪上一助 贷机构人士近日对智通财经记者表示，助贷新规对整个行业的影响很大，直接打破了此前依赖的盈利逻 辑，一些大平台还能扛一段时间，待收余额在200亿以下的中小平台会比较艰难。 2025年10月1日，助贷新规正式落地，明确要求商业银行将借款人综合融资成本控制在年化24%以内。 这一政策直接切断了助贷行业依赖"24%+服务费""双融担"等模式的高利润路径，中腰部助贷平台首当 其冲，放款规模普遍减半。 在此背景下，一种"披着分期商城外衣的借贷模式"正在兴起，多家助贷机构通过"商品消费+分期服 务"的模式，以商品溢价弥补利率上限带来的利润缺口，这种模式看似合规，但实际变相突破利率红 线。 上述助贷机构人士对智通财经记者说："我们前几年其实也试水做过分期商城业务，但是发现有很多隐 患，比如合规风险、资金垫付压力、流量成本高、坏账率太高等，最后放弃了。" 商品溢价明显 助贷新规落地后，不少助贷平台加码分期商城业务，其中桃多多、闪购鸭、小象优品、柚优品等平台的 业务模式极具代表性，商品溢价普遍在20%-100% ...

2.超越特斯拉！比亚迪拿下纯电汽车全球第一 3. 山姆与小象超市共享同一供应商？网友质疑会员卡价值，三方回应 6.雷军直播回应拆车原因：希望大家说公道话，不要为了流量去故意夸大找茬 7.曝iPhone飞行途中电池鼓包，落地后恢复正常 8.OpenAI，人均股权薪酬超千万 今日头条 HEADLINE NEWS 最高降30万！宝马中国回应30多款车型降价 4.壁仞科技成功在香港上市，2026年香港首个IPO 5.Kimi完成35亿融资，海外收入大涨！杨植麟：公司有超100亿现金储备 要闻提示 NEWS REMIND 1. 最高降30万！宝马中国回应30多款车型降价 1月3日消息，近日，宝马中国正式宣布对旗下多款主力车型的建议零售价进行调整，部分车型最高官降幅 度超过30万元，这一举措引发外界广泛关注。根据官方通告，自2026年1月1日起，宝马中国对旗下31款 主力车型进行建议零售价全面调整。其中，24款车型的降幅超10%，5款车型降幅更是突破20%。 在众多车型中，宝马iX1 eDrive25L的降幅比例最为突出，指导价由29.99万元降至22.8万元，降价7.19 万元，降幅达24%；而宝马i7 M70L的降价 ...

助贷新规落地，利率锁死24%，行业的生存空间被大幅压缩，不得不寻找新的出路。 该背景下，一种以"分期消费"为名、行"贷款"之实的新型业务模式——分期商城悄然崛起。 其通过平台内嵌的消费场景，将高溢价的商品与分期服务捆绑，向广大用户，特别是下沉市场用户提供实际利率远超表面数字的信贷服务，成为部分机构 绕开监管限制、维持高额利润的合规"新外壳"。 01 以"分期商城"之名，行放贷之实 目前市场上主流的分期商城，多采取自建线上购物场景的方式，在商品交易链路中嵌入借贷、分付环节。 与淘宝、京东、拼多多等成熟电商平台相比，这类新兴分期商城呈现出两个突出特点：一是商品品类集中于投资金条、品牌手机、礼品卡等二手市场回收 价格相对透明、易变现的标准化产品；二是同一商品的售价显著高于常规电商渠道。 例如，在上海柚余电子商务有限公司旗下的"柚优品"APP中，热销商品包括金豆、苹果手机等。 2025年12月22日，该APP中苹果iPhone 16 Pro Max( 256GB沙漠色钛金属)标价为11118元，结算时自动跳转至分期支付页面。排在前面的是分6期方案，用 户最终还款总额为11909.1元，综合年化利率显示24%，但小字注 ...

Key Points - Xiaopeng Motors' founder He Xiaopeng made a bet with his team regarding the performance of their VLA2.0 compared to Tesla's FSD by 2026, indicating confidence in the advancement of autonomous driving technology [4][5] - Nvidia responded to allegations that Chinese startup DeepSeek used smuggled Blackwell chips for AI model training, stating they have seen no evidence of such activities [7] - ZTE Corporation announced its commitment to anti-corruption and is currently in communication with the U.S. Department of Justice regarding compliance investigations related to overseas bribery [9][10] - Zhu Xiaohu commented on Tencent's cautious investment strategy over the past 20 years, emphasizing that the company waits for market clarity before making significant moves [11] - The Chinese government is expected to continue its "national subsidy" policy for consumer goods in 2024, with a focus on optimizing implementation by 2026 [19][20] - MiniMax and Zhizhu, two domestic AI unicorns, are reportedly planning to conduct IPOs in Hong Kong soon, aiming to become the first publicly listed company in the large model sector [21] - JD Industrial, a subsidiary of JD Group, officially listed on the Hong Kong Stock Exchange, raising approximately HKD 2.827 billion [22][23] - Meitu's CEO announced an internal venture initiative, allowing employees to apply for funding to develop AI projects, aiming to enhance organizational efficiency [24] - Lantu Motors' chairman emphasized the need for a breakthrough in the luxury car market, which has been dominated by foreign brands [25] - Xiaomi launched its first self-produced central air conditioning unit at its Wuhan smart home appliance factory, showcasing advancements in its manufacturing capabilities [26][27]

Core Viewpoint - The news highlights the collapse of the mobile rental platform Qingyun Rental, revealing it as a potential Ponzi scheme that misled investors with promises of high returns while engaging in dubious financial practices [1][2][3]. Group 1: Company Operations - Qingyun Rental attracted over 600 investors, accumulating more than 300 million yuan in funds, while claiming to operate a legitimate mobile rental business [2][3]. - The company allegedly created a facade of high demand for mobile rentals and substantial profits, promising investors an annualized return of 16.8% [1][6]. - Reports indicate that instead of purchasing phones for rental, the company may have used fake logistics to create the illusion of legitimate operations, while actually engaging in high-interest lending practices [2][38]. Group 2: Investor Experience - Investors began experiencing withdrawal issues in late September, leading to protests outside the company's office in early November, where they found the office empty [1][8]. - Employees were pressured to meet high performance targets, often resorting to personal loans to invest in the platform, with some investing over 1 million yuan [9][15]. - The company issued a "deferred repayment agreement" in late October, promising to repay investors in installments, which was the last communication received by many investors [10][9]. Group 3: Financial Practices - Qingyun Rental's operations involved a dual model of fundraising and lending, with allegations of using investor funds for high-interest loans rather than legitimate rental activities [3][38]. - The platform's rental rates were significantly higher than market prices, raising questions about the actual demand for its services [35]. - The company reportedly lacked the necessary financial licenses to operate as a lending entity, disguising its activities under the guise of a rental service [38][41]. Group 4: Regulatory and Legal Issues - The company claimed to have a strong backing from state-owned enterprises, which was later revealed to be misleading as the actual connections were tenuous and had been severed [19][29]. - Following the collapse, multiple complaints were filed against Qingyun Rental for high-interest lending and other financial misconduct, prompting police investigations [42][43]. - The company has been listed in the operating anomaly directory, indicating serious regulatory concerns regarding its business practices [32].

Core Insights - Best Buy Canada has launched its Black Friday sale, offering discounts of up to 80% on various products [2][3] Product Discounts - Significant savings include $250 off the Apple iPhone 16 Pro Max 256GB, now priced at $1,199 [3] - A $430 discount on the Roku Select Series 75" 4K UHD HDR QLED Smart TV, bringing the price down to $1,069 [3] - Discounts on laptops include $300 off the HP 15.6" Laptop, now $699 [3] - The PlayStation 5 Slim Digital Edition is available with a $130 discount, priced at $469 [3] - Apple iPad A16 11" 128GB is discounted by $100, now $599 [3] - The Garmin fēnix 7 Pro Sapphire Solar smartwatch sees a $620 reduction, now $779 [3] - Samsung Galaxy S25 FE 128GB is available with a $170 discount, priced at $629 [3] - Sony WH-1000XM4 headphones are discounted by $152, now $298 [3] - Dyson V8 Origin Cordless Vacuum is available with a $150 discount, now $349 [3] - The Philips 800 Automatic Espresso Machine is discounted by $550, now $1,199 [3] - Lenovo IdeaPad Slim 3 15.6" Touchscreen Laptop sees a $250 discount, now $699 [3] - Samsung 65" S84F Series 4K UHD HDR OLED TV is available with a $700 discount, now $2,299 [3] - Razer BlackWidow V3 Gaming Keyboard is discounted by $50, now $149 [3] - Beats By Dr. Dre Studio Pro headphones are available with a $180 discount, now $319 [3] - Google Pixel 9a 128GB is discounted by $180, now $419 [3] - Sony BRAVIA Theatre System is available with a $400 discount, now $599 [3] - Heritage Infrared Steam Air Fryer sees an 80% discount, now $49 [3] - Starlink Mini Kit is available with a $300 discount, now $199 [3] - Dyson Airwrap i.d. Multi-Styler is discounted by $200, now $499 [3] - Bosch 100 Series Built-In Dishwasher sees a $550 discount, now $1,199 [3] - MotionGrey Ergo2 Adjustable Electric Standing Desk is available with a $170 discount, now $329 [3]

Core Viewpoint - The article discusses the collapse of Qingyun Rental, a mobile phone rental platform that promised high returns but turned out to be a financial trap, highlighting the risks associated with seemingly legitimate investment opportunities backed by listed companies and state-owned enterprises [4][6]. Group 1: Background and Operations - Qingyun Rental claimed to be a leading mobile phone rental platform with significant backing, including a Hong Kong-listed company and state-owned funds, which attracted many investors [8][12]. - The platform operated over 300 offline experience stores across more than 200 cities, serving over a million users, creating an illusion of stability and security [8][12]. - The business model involved investors purchasing phones for rental, with promises of high returns, but the actual revenue primarily came from new investors rather than genuine rental income [25][26]. Group 2: Financial Structure and Risks - The funding model resembled a Ponzi scheme, where returns to earlier investors were paid using the capital from new investors, rather than from legitimate profits [30][32]. - Qingyun Rental's high promised returns of 16.8% annually were significantly above standard rental yields, raising red flags about the sustainability of such returns [30][32]. - The operational logic was flawed, as the actual rental income did not cover the promised returns, leading to a rapid financial collapse once new investments slowed [27][28]. Group 3: Misleading Claims and Regulatory Concerns - The platform's claims of having a strong state-owned background were misleading, as the actual ownership structure was convoluted and lacked genuine state involvement [14][15]. - The article emphasizes the need for regulatory oversight to prevent such financial traps, urging investors to be cautious of high-return promises and to critically assess the underlying risks [34].

Core Points - The article discusses the issues surrounding the mobile rental platform Qingyun Rental, which has reportedly trapped investors' funds and failed to deliver promised returns [1][2][3] Group 1: Company Operations - Qingyun Rental, operated by Wuhan Qingqing Times Network Technology Co., Ltd., attracted over 600 investors, accumulating more than 300 million yuan in funds [2] - The company claimed to offer mobile phone rentals, promising an annualized return of 16.8% on investments, but it is suspected of using investor funds for high-interest lending instead of purchasing phones for rental [2][6] - The platform has been accused of creating a facade of high demand for rentals and substantial profits, misleading investors about the viability of their investments [2][6] Group 2: Investor Experience - Investors began experiencing withdrawal issues in late September, leading to protests outside the company's office on November 4, where they found the office empty [1][9] - Many investors were pressured to invest through aggressive sales tactics and were incentivized with bonuses for meeting investment targets, leading to significant personal financial strain [12][9] - Reports indicate that some employees were coerced into investing their own money or recruiting friends and family to invest, under the guise of achieving performance targets [12][9] Group 3: Allegations of Fraud - Investigations revealed that the company may not have actually purchased the phones it claimed to rent out, instead using fake logistics to create the illusion of operations [2][30] - The company allegedly operated as a lending platform disguised as a rental service, with interest rates reaching as high as 200% annually, far exceeding legal limits [33][35] - Complaints have surfaced regarding high-pressure tactics and potential illegal lending practices, prompting police investigations into the company's operations [36][37] Group 4: Corporate Structure and Claims - Qingyun Rental claimed to have a strong backing, including state-owned capital and a connection to a publicly listed company, which instilled confidence among investors [17][20] - However, investigations into the corporate structure revealed that the supposed state-owned connections were misleading, as the actual ownership had changed and did not provide the claimed security [24][25] - The company has been listed in operational anomaly records, indicating serious financial and operational issues [27][37]

Core Viewpoint - The news highlights the collapse of the mobile rental platform Qingyun Rent, operated by Wuhan Qingqing Times Network Technology Co., Ltd, which has left over 600 investors trapped with more than 300 million yuan in funds, as the company allegedly engaged in fraudulent activities disguised as a legitimate rental business [2][3][4]. Group 1: Company Operations and Promises - Qingyun Rent promised investors an annualized return of 16.8% by converting their investments into mobile phones for rental purposes, creating an illusion of high demand and profitability [2][5][14]. - The company claimed to purchase iPhones at a lower price and rent them out, assuring investors of returns after deducting operational costs [6][14]. - Despite the platform appearing operational, investors faced withdrawal issues starting from late September, leading to protests outside the company's office [3][7]. Group 2: Allegations of Fraud - Investigations revealed that Qingyun Rent may not have actually purchased phones for rental but instead used fake logistics to create the appearance of legitimate operations, while engaging in high-interest lending practices with rates as high as 200% annually [3][4][37]. - Employees reported that the company operated more like a lending institution under the guise of a rental service, lacking the necessary financial licenses [37][40]. - The company’s claims of having a strong background with state-owned capital and plans for an IPO were found to be misleading, as the actual financial health of its parent company was poor [27][28][30]. Group 3: Investor Experiences and Reactions - Many investors, driven by the promise of high returns and low entry barriers, invested significant amounts, often using loans or borrowing from friends and family [9][13][21]. - Following the platform's collapse, investors reported difficulties in withdrawing funds, with some receiving only partial repayments after signing agreements to accept delayed payments [10][41]. - The situation has led to numerous complaints and police investigations, with many investors now seeking legal recourse [41][42].