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Where does Alibaba's balance treasure money exist?
Yu 'ebao is a balance appreciation service launched by Alipay. The user transfers the funds to Yu 'ebao. In fact, they bought a money fund called Yu 'ebao provided by Tian Hong Fund, which can be used for payment and transfer at any time. The money is kept in the balance treasure of Alipay account.

1. Full name of Yu 'ebao Money Fund: Tian Hong Yu 'ebao Money Market Fund, a money fund issued by Tian Hong Fund Management Co., Ltd., with the fund code of 000 198.

2. The funds transferred to Yu 'ebao will be confirmed by the fund company on the second working day, and the income from the confirmed share will be calculated and included in your Yu 'ebao funds. Please check the profit after 15 the day after the share is confirmed.

Note: Funds transferred after 15:00 will be confirmed after 1 working days. On weekends and national holidays, the fund company does not confirm the share.

For the funds transferred after Thursday 15:00, the fund company will complete the share confirmation next Monday.

3. Income calculation: (confirmed amount of Yu 'ebao/10000 )X every ten thousand income announced by the fund company on the same day.

4. If you have any questions about the discrepancy or fluctuation between the income of Yu 'ebao and the actual deposit amount, please call the hotline of Tian Hong Fund Company: 400-7 10-9999, and press 9 for manual service consultation of Yu 'ebao special line (service time: Monday to Friday: 9: 00 ~ 2100).