What's the difference between a financial holding company invested by industrial capital and a financial company?

Industrial capital investment in financial holding companies is the prospect for the development of China's financial industry. At present, there is no real financial holding company in China, but it is in its embryonic stage. At present, either industrial capital invests in finance or financial investment industry. Investment of industrial capital in financial holding companies can obtain more resources, such as talents, information, technological innovation and management.

Generally speaking, financial companies are intermediaries. They can neither absorb deposits nor issue loans, and have no industry to back them up. Their operation is very risky. Their main operation is to integrate private capital for investment, which is actually private placement. Their legal relationship generally belongs to entrusted financial management or private lending, while industrial capital investment in financial holding companies belongs to investment behavior, and their legal relationship belongs to investment relationship. Of course, their responsibilities and rights are inconsistent.