In 20 13, Yu' ebao came out, which is the change financing launched by Alipay. In 20 18, the valuable Yu' ebao has been operated by Alibaba itself, with only one Tian Hong fund, which once reached 1.45 trillion. However, since 2065438+May 2008, five more funds have been introduced, forming a super situation headed by Tian Hong Fund.
As for whether the upgraded Yu 'ebao is reliable, it has always been the Tian Hong Fund operated by Alibaba itself. Based on everyone's trust in Ma Yun, everyone is quite at ease with Yu 'ebao.
However, since May 20 18, so many money funds have been accessed at once, and everyone is confused, mainly because they are unfamiliar. Is this balance treasure still the previous balance treasure? Is it still safe? Let's first analyze why Yu 'ebao must be upgraded.
The most important thing is that it is too large. The scale of funds in Tian Hong once reached 1.45 trillion, and the liquidity risk was too high. Many people don't know what liquidity risk is. In layman's terms, it is the risk of bank run that banks fear most.
If you know the investment channels of the money fund, you should all know that the money fund invests in bank deposits, reverse repurchase, bills and so on. But although these are short-term financial management, there is also a time limit.
For example, Tian Hong Fund has a fixed liquidity of 50 billion yuan every day to handle customers' withdrawal applications. Usually, when we apply for cash withdrawal, Tian Hong Fund and other fund companies will generally pay in advance.
It's nothing if you withdraw less money at ordinary times. If the funds withdrawn at once exceed the daily working capital of Tian Hong Fund by 50 billion, then we can't get the cash on time, which will arouse everyone's suspicion. If there is any trouble, we may think that Yu 'ebao will fail, which will cause a large-scale run.
The money invested by the Monetary Fund may take several days to recover, and such a run may really go bankrupt.
Many people don't understand why regulation is so targeted at Alipay. Everyone here should know that it is irresponsible for us not to supervise. Now Yu 'ebao has begun to limit the size of Tian Hong Fund, not only in terms of the rate of return, but also in terms of the amount applied for withdrawal that day.
It is not easy for Alipay to develop today. Ma Yun is certainly ready to go to jail. Although Yu 'ebao has become a sales platform because of the introduction of other fund companies, it is still on Yu 'ebao, so Ma Yun should be more careful about the fund companies we introduced. Must be carefully selected.
According to the statistics of other fund companies at present, in the middle of 20 18, the scale is also among the top 25 fund companies. Generally, the larger the scale, the more trust there is, just like the original Tian Hong Fund, so it is relatively reliable.
To sum up, 20 19, due to the strengthening of various supervision, Yu 'ebao is still reliable. However, due to the further release of the deposit reserve by the central bank, the bank funds are relatively sufficient, resulting in a continuous decline in the yield of Yu 'ebao. According to the current yield of Yu 'ebao, it is not a good choice to put money in Yu 'ebao.
Six major changes in the new regulations of Yu 'ebao 20 19;
1, new purchase restriction: the daily purchase restriction is 20,000 yuan.
In order to slow down the rapid growth of Yu 'ebao, the currency of Tian Hong Yu 'ebao has actually entered a state of restricted purchase since 0: 00 on February 8, 20 18, and the personal trading account is limited to 20,000 yuan per day.
2. New limit: the maximum holding amount is 654.38 million yuan.
Corresponding to the purchase restriction, the monetary personal account of Tian Hong Yu 'ebao can only hold RMB 654.38+10,000 at most. If this limit is exceeded, the operation of transferring to Yu 'ebao will not succeed.
3. new time limit: it will be sold at 9: 00 every day.
From February 20 1 year 18, the daily subscription of Yu 'ebao is restricted. Compared with the previous transfer to Yu 'ebao at any time, Tian Hong Yu 'ebao currency can only be snapped up after it is sold at 9 am every day. If the snap-up time is too late, the total sales of the day will be regarded as a purchase failure and can only be transferred again after 9: 00 the next day.
4. New payment regulations: QR code payment limit 500 yuan.
From April 20 1 year 18, the central bank stipulated the daily limit of static QR code payment, 500 yuan. Although this is a payment regulation for QR codes, everyone usually uses Yu 'ebao to scan the code, so this regulation is also a new regulation of Yu 'ebao.
5. New regulations on cash withdrawal: the limit of quick transfer is 6,543.8+0,000 yuan.
From 0: 00 on June 6, 20 18, the daily limit of fast transfer business from Yu 'ebao to bank card is 1 10,000 yuan. Ordinary transfer-out business is still unlimited, but if there is a transfer-out arrangement for large funds, you need to apply one day in advance.
6. Transfer to new regulations: Yu 'ebao upgrade.
In the first half of 20 18, users have received the invitation to upgrade Yu' ebao. After the upgrade, Yu 'ebao launched other monetary funds, which means that users who have completed the upgrade can choose their own monetary funds, but they can no longer choose the currency of Tian Hong Yu 'ebao.
After the upgrade of Yu 'ebao, users will not be bothered by the quota and time limit. After the upgrade, they can transfer in at any time, and there will be no upper limit on the share of personal accounts.