Yes Official website of China Merchants Bank introduced that the Duobao family of China Merchants Bank is a wealth management product launched by China Merchants Bank, including Duobao, Duobao and Duobao. Duobao is a wealth management product mainly based on money market funds, and it is also one of the money funds with high yield in the market. China Merchants Bank 1987 was established in Shekou, Shenzhen, with total assets of 10. 14 trillion yuan in 2022. It is the first joint-stock commercial bank in China that is wholly controlled by an enterprise as a legal person.