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yue bao

18

Feb

China Banking Research

Competition for online finance cash increases in China

Not satisfied with just taking deposits from banks, online finance platforms are facing more competition from each other.

27

Nov

China Capital Markets Research

Alipay’s Yu’ebao deposits hit 100 billion Chinese Yuan

The latest figures from Tianhong Asset Management show that the AUM (asset under management) of Yu’ebao deposits, the currency market fund which is co-launched by Alibaba and Tianhong on 13 June, 2013, has rocketed from June 13th to November 14th, 2013, from 0 to CNY100B. Now Yu’ebao is the largest fund in…