Yu 'ebao is connected with monetary funds, which has certain financial management functions, and can also be directly used for shopping, transfer, payment, credit card repayment, etc. It is a better cash management tool.
users can also automatically transfer funds to be closed. users can find the preferred service in the balance treasure, click on the balance treasure in the priority service and then set the service to be closed, which will take effect immediately after closing.
Yu 'ebao is not only an "artifact" of national financial management, but also constantly enters various consumption scenarios, bringing subtle and beautiful changes to users. Since 214, Yu 'ebao has successively launched projects such as buying a mobile phone with zero yuan and buying a car with Yu 'ebao, so that Yu 'ebao users can enjoy special preferential rights and interests, and also see Yu 'ebao's imagination in the field of consumption.
In March 215, Yu 'ebao was the first to buy a house, which was a big breakthrough in the consumption scene of Yu 'ebao and the first time that the real estate industry introduced internet financial tools.
At that time, Fangxing Real Estate and Taobao launched the house purchase project of Yu 'ebao, and released 1132 suites to support Yu 'ebao in ten major cities in China, such as Beijing, Shanghai and Nanjing. After the buyers paid the down payment through Taobao, the down payment would be frozen in the balance treasure. Before the formal delivery of the house or 3 months after the down payment, the balance treasure income generated by the down payment still belongs to the buyer. This means that the first delivery and then payment, the first payment can also earn income.
It is precisely because of the emergence of Yu 'ebao that the channels of public financial management have been expanded. Under the influence of Yu 'ebao's powerful fund gathering effect, major banks have launched similar Yu 'ebao products to meet the challenges, such as Ping An Bank's Ping An Ying, Minsheng Bank's Ruyibao, China CITIC Bank and Xincheng Fund's Salary Pot, Industrial Bank's Xingyebao and Treasurer's Wallet. These banks are monetary funds that the Baby Corps mostly cooperates with banks and fund companies. However, the emergence of the "Baby" Corps did not affect the status of Yu 'ebao as the largest monetary fund in China.
According to the 215 annual report released by Tianhong Fund at the end of March, the net profit of Yu 'ebao in 215 was 23.131 billion yuan. This figure was about 24 billion yuan in 214 and 17.9 billion yuan in 213. As of December 31, 215, the net return rate of Yu 'ebao's share was 3.6686%, and the benchmark return rate of the same period was 1.3781%. Among the top five funds in terms of profit, Tianhong Yu 'ebao ranks first, and others are Guangfa Jufeng, China Post Core Growth, Yifangda Ruihui Flexible Configuration and Balanced Enrichment. It has promoted the process of market interest rate conversion.