Tianhong Asset Management Co., Ltd. was established on November 8, 2004 . In 2013, in collaboration with Alipay, the company launched the first ever Internet fund “Yu’ebao”, charting a course for the future of Internet finance.
Yu’ebao is China’s first ever Internet fund customized for Alipay. It remains the largest monetary fund in China, known in full as Tianhong Yu’ebao Money Market Fund.
Putting security and liquidity first, the company delves into the economic and policy climates, market status, and supply of and demand for money, and designs and adjusts portfolios based on stringent risk control to bring in impressive returns for investors.
Yu’ebao sentiment index
A Yu’ebao sentiment index has been created to describe changes in users’ willingness to enter the market. The index is designed based on data about hundreds of millions of users and millions of transactions, using big data analytical model and cloud computing technology.
Launched in 2013 as China’s first ever Internet fund
More than 300 million Yu’ebao subscribers as of June 2016
As of June 2016, Yu’ebao alone has created more than RMB 53,400,000,000 in returns for its subscribers.
Established on Nov. 08, 2004, Tianhong Asset Management is one of the nationwide publicly offered fund management companies authorized by China Securities Regulatory Commissionwith registered capital of RMB 514.3 million Yuan. In 2013, Tianhong Asset Management promoted the first Internet fund – Yu’ebao, jointly with AliPay. As the fund manager of Yu’ebao, Tianhong Asset Management breaks a new ground for the Internet finance.