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Yu'e Bao
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Yu'e Bao
Banking
Yu’e Bao’s Money Market Funds Breach 2 Trillion Yuan in Scope, Returns Drop Below 2.5%
CBNEditor
-
April 24, 2019
0
Money market funds that are currently available via Ant Financial's Yu'e Bao platform have seen a sizeable rise in their collective value...
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Banking
Big Data Helps Drive 80-fold Increase in Yu’e Bao’s Money Market Fund Assets
CBNEditor
-
March 27, 2019
1
Big data has helped to drive an 80-fold increase in assets under management for the 13 money market funds offered by Ant...
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Banking
Seven Day Yield on World’s Biggest Money Market Fund Drops Nearly 40%
CBNEditor
-
October 22, 2018
0
China's money market sector has expanded to record size despite the returns provided by Ant Financial's Yu'e Bao - the world's biggest money market...
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Banking
World’s Biggest Money Market Fund Channels 80% of Investment towards Chinese Banks
CBNEditor
-
July 24, 2017
0
The latest quarterly report from Alibaba affiliate Yu'E Bao indicates that the world's biggest money market fund is channelling the vast majority of its...
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Banking
Ant Financial Claims Title of World’s Biggest Money Market Fund
CBNEditor
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May 1, 2017
0
A fund run by Ant Financial Services Group has emerged as the world's biggest money market fund less than five years after its founding. Ant...
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Most Read
Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor
Banking
CBNEditor
-
April 14, 2021
0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms
Finance
CBNEditor
-
April 14, 2021
0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March
Economy
CBNEditor
-
April 14, 2021
0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021
Banking
CBNEditor
-
April 14, 2021
0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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