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What does Alipay's rating upgrade mean?
The upgrade of Alipay's fund rating means that the level of funds sold on Alipay, a trading platform, has been upgraded by the relevant institutions at the assessed fund level. Fund rating upgrade is usually a comprehensive rating made by fund rating agencies on various operating conditions of a fund, such as net worth, historical income and fund manager. However, investors should note that the higher the rating, the higher the income, which is for reference only.

Brief introduction of fund rating

Fund rating is the ranking obtained by relevant qualification rating agencies through collecting relevant information of funds and using certain methods for statistical analysis. Usually, the factors that affect the fund rating level are the risk and income of the fund. Morningstar and Standard & Poor's in the United States, CITIC and Ji 'an in China are all famous fund rating agencies. Fund rating is not only a reference index for investors, but also a constraint on managers who operate funds, which is conducive to the sound development of the overall fund market.