Yes.

The volatility in the stock market has intensified, and the "wind-hedging" needs of investors on the market have become more obvious, which can be seen from the scale expansion and active trading of Yinhua Rili (511880), the "Yebao on the market."

Yinhua Daily Interest (511880) is a nearly risk-free cash management tool. It is a currency fund, but it is different from ordinary currency funds. Yinhua Daily Interest (511880) is an exchange-traded currency fund.

Monetary funds, that is to say, it can not only make redemptions on the market, but also buy and sell on the market.

From August 3 to September 8, Yinhua’s daily profits soared from 21.8 billion to 41.7 billion, a surge of nearly 20 billion in one month.