Yu 'ebao is a quasi-deposit, but it is not a deposit. This is because Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund. The assets of the Monetary Fund are mainly invested in short-term monetary instruments, such as government bonds, central bank bills, commercial bills, bank certificates of deposit, short-term government bonds, corporate bonds with high credit rating, etc. Therefore, it has the characteristics of "quasi-deposit and quasi-savings".
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The emergence of Yu 'ebao has expanded the channels for public financial management. Under the influence of Yu 'ebao's powerful fund aggregation effect, major banks have launched similar Yu 'ebao products to meet the challenges, such as Ping An Bank's Ping An Ying, Minsheng Bank's Ruyibao, China CITIC Bank's joint venture with Xincheng Fund, Industrial Bank's Xingyebao and shopkeeper's wallet.
2017,65438 On February 7th, Tian Hong Fund announced that it would adjust the subscription amount of Yu 'ebao to 20,000 yuan per day, that is, it would not accept the subscription application of investors' personal trading accounts exceeding 20,000 yuan per day. This measure will be implemented from 0: 00 on February 8, 2017,65438.
2065438+On May 3, 2008, Yu 'ebao announced the upgrade, and newly accessed two money fund products, namely "Boss Cash Income Currency A" and "China-Europe Rolling Qian Bao Currency A" under Boss and China Europe Fund Company.
Baidu encyclopedia-Yu' ebao
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