Reborn multinational giant

In the next answer, the netizens who asked the question invited many professionals in the financial industry to answer, and their answers were more professional and specific.

"Thank you for the invitation of the subject, I can't guarantee whether Yu'e Bao will be pitted or not. After all, it is an investment in wealth management products. There are risks in investment and investment needs to be cautious. This is the first iron law of the wealth management industry.

However, I can analyze the issue that the annualized rate of Yu'e Bao is higher than the bank loan interest rate.

First of all, let's compare the seven-day annualized rate of Yu'e Bao in the past week since its launch and ICBC's deposit interest rate and loan interest rate in the past five years. Next, the respondent listed a table to compare the three interest rates in detail.

[table]

We can see from the table that, indeed, as the subject said, the annualized rate of Yu'ebao exceeds most of the loan interest rates announced by ICBC in the past five years, and even exceeds the loan interest rate for the five-year term starting from the last two years. The interest on Yu'e Bao is really very high.

Even if you deposit Yu'E Bao from a bank loan, it is theoretically profitable!(The answerer will not tell you, I have already started doing this! But investment is risky, investment needs to be cautious, please continue to look back)

Let’s go back to the product of Yu'e Bao. The interest rate stated in Yu'e Bao is the seven-day annualized rate of return. Many people may not understand the difference between the seven-day annualized rate of return and the annualized rate. Under this simple explanation , The seven-day annualized rate of return is the average annualized rate of the last seven days. When it comes to this, everyone may ask, why is the average annualized rate of the last seven days?Why average?

This question is very important, because it means that this seven-day annualized rate of return is not fixed, but constantly changing!

In other words, Yu'e Bao's seven-day annualized rate of return today is 8.2%, but tomorrow it will become 8.1%, 5.1%, 2.1, or even 0%, -1.1%. It is possible that Yu'e Bao is essentially a financial investment. Products and investment are risky. If Yu'e Bao loses money with the money we deposited, the interest rate may become negative!

Speaking of which, are some friends suddenly scared to save?Don't worry, keep looking down.

Understanding that Yu'e Bao's interest rate is changing dynamically, we will continue to analyze why Yu'e Bao's interest rate is so high. The answer to the main analysis, there are two main reasons.

First, Yu'E Bao is a wealth management product launched by Alipay, another company of the richest man with wealth. WeChat Pay, which everyone uses in China, is also provided by Alipay (PS, WeChat Pay is just a general term for WeChat Pay. It connects with Paypay in China, and it connects with foreign online payment companies such as paypal and worldpay in foreign countries.

In addition, Alipay has been independent from Huizhong a few years ago. Alipay and Huizhong are two companies, but they were both founded by the richest man Fang. Here I have to admire the wise vision of the richest man below, according to the current development. At the pace, Alipay is a top giant no less than Huizhong).

Yu'ebao has just launched. In order to attract user deposits, it is very normal to set such a high annualized interest rate. I don't know that the annualized rate of more than 10% is sparse and common for various large and small wealth management companies on the street.

Even some 30%, 40%, or more than 100% are basically the same as lending usury. Of course, this kind of risk is also super large, so please don't invest money with greed!

Second, did you notice when you opened Yu'e Bao (I guess many friends did not notice)? You are a financial investment agreement signed with a company called Shengshi Fund. The money you invested in Yu'e Bao is also equal to Bought the financial products of this company.

Starting at 1 yuan, 1 yuan is a wealth management fund. In other words, from a legal point of view, Alipay has no ownership relationship with Yu'e Bao. You are buying a wealth management product of Shengshi Fund. Even if you lose money, you can only find This Shengshi Fund made trouble, and could not find the payment pass.

Speaking of this, some people may think that PayTong is too treacherous, although I think PayTong is indeed a bit treacherous, but I must clarify it.

According to our country’s laws and regulations, companies like Alipay have no right to set up wealth management products and absorb citizens’ deposit funds for investment and business activities. Therefore, the Yu'ebao products that you see are essentially products of the Shengshi Fund, and Alipay is just Consignment.

It is equivalent to some wealth management products you buy at the bank counter. It is probably not the bank's own, but the third-party company consigns it to the bank. If you lose money, you can't count it as the bank's head. At that time, be sure to see if it is the bank's own or another company's!

What is the use of Shengshi Fund absorbing so much capital?Here, it is basically the same as other funds, investing in treasury bonds, real estate, etc., corporate and personal lending, stock markets, etc., and doing business where money generates money.

Yu'E Baoneng has such a high rate of return, which only means that the Shengshi Fund has just been established, and the amount of funds is not large now, and the return on investment is very high. When the scale of funds in the future becomes large, the interest rate will fall is inevitable, because there are not so many High-return projects allow you to make money.

Now everyone has been using Huabei, the annualized rate of overdue interest after more than one month is over 15%, and the annualized rate of interest on installment is over 9%, so don’t think Yu'e Bao’s annualized rate is high. Scary, other people’s ways to make money are more than you think!

There is an old saying that the most profitable business in the world is money making money, how much deposit Yu'e Bao can absorb, and how long Yu'e Bao's high interest rate can last, we will wait and see.

Now let’s go back to the question of whether or not it is pitted. I think the national-level software such as PayPass and WeChat is related to the interests of hundreds of millions of people. Do you think Fang Zhe dares to make money and run away?(I feel that the deposits Yu'e Bao has taken may not necessarily be the richest man in the party~_~)"

The respondent who was certified as a product manager of a large wealth management company, eloquently wrote thousands of words and analyzed Yu'e Bao, and the netizens onlookers were quite convinced of his answer, except for the same up to more than 20,000 likes. The comments below are as many as thousands.

"After reading it completely, I probably understand what's going on with Yu'e Bao. I didn't say anything. I just took out all the money from the bank and deposited it in Yu'e Bao. Hurry up and make a wave before the interest rate drops!"

"Yue Bao is a bit too ruthless, starting at 1 yuan, almost zero threshold, I feel that all Chinese can participate!"

"With such a high interest rate, I feel that within a few months, the bank will be emptied!"

"It's been almost a week and I haven't seen the government or any bank stand up to speak. It seems that it was tacitly approved by the above."

"I feel that the pattern of China's financial industry is about to change!"

In one week, only one week after going online, the number of users who opened Yu'e Bao exceeded 3 million, and the total amount of funds absorbed exceeded 20 billion yuan!

After the official announcement of this news by Alipay, the entire Chinese wealth management industry and even the financial industry set off a major earthquake!