As an Internet money fund product, Yu'e Bao has been popular among the public for its convenience, speed and rich functions since its launch.
Recently, the official Alipay announced the upgrade of Yu'E Bao. Many people are worried about what impact the Yu'E Bao upgrade will have?
The editor below will answer your questions.
Impacts of Yu’e Bao’s upgrade: 1. There is no longer a time limit on quantity purchases. Before the upgrade, Yu’e Bao’s subscription quantities were all online, and the market opened at 9 a.m. every day, while stocks last.
This upgrade is also to better improve the user experience.
At present, Yu'e Bao will have no time limit or purchase limit after its upgrade.
Available for purchase 24 hours a day.
2. Before replenishing various funds and upgrading Yu’e Bao, you can only purchase Tianhong Funds.
Risks have increased as everyone is worried that Alipay may focus on buying one fund.
Therefore, Alipay has upgraded Yu'ebao and added two currency fund products, "Bosera Cash Expected Income Currency A" and "China-Europe Gunqianbao Currency A" owned by Bosera and China Europe Fund Company.
You can choose any of the above three funds.