Anbound's chief researcher, Chen Gong, points out that we should realize that while financial innovation provides convenience, it also creates risk. Financial system has a systemic feature; an incident in a place will have impact over a very large sector. Therefore, financial innovation has always been related to risk, we must pursue prudent and sound policies and follow the principle that a prudent policy must be devised before a desired outcome can be achieved. Once we miss the policy goal, then the entire society will be "playing with money" and the risk spillover is unstoppable.