China's Internet financial industry is booming, but this also brings a number of risks. The current regulatory investigation of the Internet financial market is underway. Guangdong Financial Affairs Office Director General Xiao Xue said that the Internet financial rectification will last until the end of June next year. In order to avoid the "run-away" of individual institutions, the rectification results need to be announced at the right time. The authority chose not to announce the internet financial problem due to the fear that this would cause partial local financial risks. Now, the authority openly stated that the extension period is to allow the market to adjust spontaneously to avoid risk concentration. Therefore, next year is likely to be the peak period for internet financial “clean-up” and rectification.