Crowdfunding & Internet Funds
China's crowdfunding sector expands2014-07-30
China's crowdfunding sector saw rapid growth in the first half of 2014, with cash raised via equity-based crowdfunding skyrocketing in June to surpass the January-May total.
Internet finance rules give banks more wiggle room2014-07-09
The annualized return from Yu'ebao, China's largest money-market fund, slipped to about 4 percent in the second quarter, down more than 30 percent from its peak of 7 percent at the end of last year.
Users of Yu'ebao breaks 100 mln in Q22014-07-02
China's internet financing product Yu'ebao, jointly provided by Alibaba and Tianhong Asset Management Co.Ltd, has funded over 57.4 billion yuan(approx.9.2 billion U.S.dollars)in the second quarter of 2014.
Internet funds face stagnation2014-06-30
The prime time for monetary funds backed by leading Internet companies, such as Alibaba's Yu'ebao, has come to an end, a senior banker said at a forum on Sunday.
Yu'E Bao's annualized return hits record low2014-05-12
Seven-day annualized return of Yu'E Bao, the largest money-market fund in China, hit a record low of less than 5 percent since November, the Securities Times reported Monday.
JD files new prospectus, launches online fund product2014-04-15
JD, which operates China's second-largest online marketplace jd.com, named Tencent Holdings as its third-biggest shareholder in a renewed prospectus filed to the US securities regulator Tuesday Beijing time.
Yu'ebao sizzles, despite official recognition2014-03-06
Yu'ebao, China's most popular Internet fund product, is in hot water as three state-owned banks have reportedly halted inter-bank deposit business with Tianhong, the fund manager.
Yu'ebao asserts 'effective regulation'2014-03-04
Is"always under effective regulation"after heavyweight regulators spoke out about the burgeoning product and about regulating the Internet finance sector.
Banks set to cap rates on Internet funds2014-02-28
China's burgeoning online financial sector is hitting some obstacles, with banks being advised by an industry body to hold Internet-based funds to the terms of deposits.
Yu'E Bao deposits exceed $65.96b2014-02-18
Yu'E Bao, an investment service offered by Alipay, China's leading online payments provider, and Tian Hong Asset Management, has attracted aggregate deposits of more than 400 billion yuan($65.96 billion), media reports said on Tuesday.