Yu’ebao AUM reaches RMB 400 Billion
Yu’ebao had already made Tianhong Asset Management the largest one in the public fund industry in China in early 2014. However, the scale of Yu’ebao has continued to grow with the latest figures showing the AUM of Yu’ebao reaching RMB400bn on Feb 14, 2014, a leap of 60% compared to only one month ago. The speed of capital inflow is still accelerating in 2014. We may witness Yu’ebao becoming the largest money market fund in the world soon.
The fast expansion of 
Yue bao AUM data of Chinese money market funds, especially the ones leveraging Internet Finance, reflects the large wealth management demand potential of Chinese market and new innovative finance forms that will appear in the Chinese market in 2014.
Related Blogs
Related posts
Posted on: November 22, 2023
When will capital markets in China recover?
Posted on: October 17, 2023
Will Chinese firms return to the U.S. for IPOs?
Posted on: September 4, 2023
Why China is tightening restrictions on IPOs
Posted on: May 8, 2023
