On February 8, 2015, AllBright partner Victor Wu and associate Song Zhengqi flew to Jinan to participate in Qilu Securities’ annual meeting at the invitation of the securities house. During the meeting, Mr. Wu delivered a speech entitled P2P, Internet Financing & Legal Issues.

A number of traditional finance companies are seeking new growth engines against the backdrop of the rapid development of internet financing. Securities houses must have a clear understanding of the development and legal risks of internet financing if they wish to participate in the sector. Mr. Wu shared with the audience his insights on the development and legal risks of P2P and internet financing, with a focus on the advantages and risks for securities houses in launching an internet finance business. His in-depth analysis of the market as a legal service professional was well received by the audience, including the heads of Qilu Securities.

Mr. Wu is a seasoned lawyer in practice areas such as securities and capital markets, corporate, mergers and acquisitions, and banking and finance. His experience and expertise in internet economy, finance and law make him stand out among his peers. Mr. Wu is focused on researching legal affairs regarding internet financing and has gained rich experience through daily practice.

Mr. Wu has handled the establishment of the P2P arm of China Citic Group and has advised the P2P platform. Meanwhile, he also represents a number of P2P and payment companies.