Alipay Yu'E Bao's revenue soared by 34%. Is it true?

Introduction to Alipay Yu'E Bao's soaring revenue

It is worth mentioning that the last 7 days of Yu'E Bao's annualized income of more than 3% was in December 25, 2015, just one year apart.

Since the beginning of September, Yu'E Bao's 7-day annualized rate of return has also soared, from 2.295% to the current 3.078%, and the daily income has increased by 34.1%!

So will Yu'E Bao go back to the image and realize the 7-day annualization of 6% myth again? According to expert analysis, this is actually very difficult. Yu'E Bao's recent increase is mainly due to the fact that the market is short of money at the end of the year. Financial institutions break down the east wall to make up the west wall and borrow from each other, such as interbank lending, this increases the revenue of fixed-income products.

When the bank is short of money, it will choose to borrow money from its peers. However, this money is not lent by White and interest is required. The less money a bank has, the higher interest it is willing to pay, and the higher the profits it will naturally make when it invests in Yu'e Bao. The 7-day annualization of such monetary funds is normal between 2% and 4%.