Nice chart from HSBC of the yields of Yu'e Bao (Alibaba), Licaitong (TenCent), and Baifa Baizhuan (Baidu). Still convenient but yields less compelling ... and deposits capped at one million RMB mean no big depositors can take advantage of them.
Nice chart from HSBC of the yields of Yu'e Bao (Alibaba), Licaitong (TenCent), and Baifa Baizhuan (Baidu). Still convenient but yields less compelling ... and deposits capped at one million RMB mean no big depositors can take advantage of them.