Panic Roils China's Peer-to-Peer Lenders

The video discusses the instability in the smaller end of the market, with numerous platforms failing due to a lack of confidence. It explains the mechanics of the industry, where savers invest in loans through P2P platforms, and highlights the regulatory actions taken to stabilize the market. The video also covers the impact of market fear on IPO plans, with several players delaying or canceling their IPOs due to poor market conditions.

What is the significance of the average yield mentioned in the text, and what does it imply for savers?

Discuss the potential systemic threats posed by the shadow banking market as outlined in the text.