China's largest peer-to-peer (P2P) lending platform — Hongling Capital — plans to get out of the online lending business within three years, citing a poor track record of people repaying loans, Chinese news service Caixin reports. Analysts said the decision marks the end of big P2P deals. Hongling president Zhou Shiping said investors on the platform have reaped 6.4 billion yuan in investment gains since Hongling was founded eight years ago, but the company has barely made any profits because of the implicit bailout Hongling guaranteed its investors. The company will try to handle the toxic loans, for example, by selling properties that borrowers pledged as collateral.