Yu'ebao is a fund payment and information display service launched by Alipay for users.
Transferring funds to Yu'e Bao means purchasing corresponding financial products from fund companies and other institutions.
Yu'ebao is the Tianhong Yu'ebao money market fund provided by Tianhong Fund (fund code: 000198).
Monetary funds are mainly used to invest in securities such as government bonds and bank deposits.
Investors purchasing money market funds do not mean depositing funds in banks or depository financial institutions as deposits. The fund company does not guarantee that the fund will make a profit, nor does it guarantee a minimum return; funds transferred to Yu'E Bao can not only obtain returns, but also return money at any time.
Consumption payment is very flexible and convenient.
Let you make money and spend money at the same time.