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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
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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
Fintech Giant Lufax Pursues USD$2.36 Billion Stateside IPO
Fintech
CBNEditor
-
October 23, 2020
0
Chinese fintech giant Lufax has revealed more details on its plans to pursue an initial public offering (IPO) in the US despite...
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China to Increase Qualified Domestic Institutional Investor Quota by around USD$10 Billion
Economy
CBNEditor
-
October 23, 2020
0
China's forex administration has announced a further increase to the foreign investment quota for qualified domestic institutional investors (QDII).
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Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum
Economy
CBNEditor
-
October 23, 2020
0
Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...
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PBOC Launches Fintech Research Centre, Calls for “Comprehensive Increase” in China’s Fintech Competitiveness and Influence
Fintech
CBNEditor
-
October 23, 2020
0
A senior official from the People's Bank of China (PBOC) has called for the country to further drive efforts for the development...
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