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What does the Qian Bao currency A of Yu 'ebao mean?
Monetary fund.

Yu 'ebao CEIBS Qian Bao Currency A is a monetary fund managed by CEIBS Fund Management Co., Ltd. The monetary fund is an investment tool, which mainly invests in short-term and low-risk money market tools, such as bank deposits, national debt and short-term bonds. The goal is to pursue relatively stable returns and provide lower risks. Yu 'ebao is a wealth management product launched by Alipay. Users can put idle funds into the balance treasure and enjoy the benefits brought by the money fund.