The money in Yu 'ebao can still be taken out, because the money in Yu 'ebao is separate from that in Alibaba. Alibaba is a joint-stock group limited company. There are many companies under its banner, and the money in it is actually separate from the money of each company. For example, Taobao operation has been split into an independent company, and Tmall operation has also been split into an independent company, which naturally includes Alipay. The money in them is separate from Alibaba. Alipay has this fund sales platform, and you can buy funds in Alipay. The fund platform inside is actually ant wealth.
In fact, all his companies operate independently. Although there is a certain proportion of capital contribution, even if Alibaba goes bankrupt, it will not affect our interests. Moreover, Alibaba's funds and Yu 'ebao's funds belong to different institutions for supervision, so we don't have to worry too much about this.
Yu 'ebao belongs to private property, and Yu 'ebao is operated by Tianhong Fund. Yu 'ebao is a money fund, and it is the Yu 'ebao money fund under Tianhong Fund. The Yu 'ebao that we transferred the money to is equivalent to transferring the money to the money fund under Tianhong Fund. This money is not in Alibaba's account, so we don't have to worry about this fund problem. Alibaba just set up a sales platform, just like we went to the bank to buy this fund. The bank is just a platform, but our money is actually in Tianhong Fund, so the collapse of Alibaba and this fund company just lost a sales platform, which will not affect our share.
Tianhong Fund, also known as Yu 'ebao, is currently the largest monetary fund in China. The fund scale of this currency has exceeded 6 billion RMB. Among many domestic monetary funds, Yu 'ebao is second to none, with certain brand value and strength, so don't worry.