The main reason is because most people are now using Yu'e Bao for financial management.

As the number of users increases, each person’s amount will increase, and the demand for funds will not be that great.

Therefore, the profits and above are also slightly lowered. This is the main reason why Yu'E Bao's income is getting lower and lower.

The second reason is that affected by the downward trend of the global financial environment, the returns of money funds continue to decline. This is the same for everyone. The returns of the same money fund that everyone sees on Yu'E Bao are the same.

Moreover, the interest of Yu'E Bao is usually the so-called income. The interest of Yu'E Bao is paid out every day. The interest of the same amount is different every day. For example, the 7-day annualized rate of return of Yu'E Bao on April 21, 2019.

It's 2.308%.