Online financial products see falling yields as banks move in2014-05-07
A number of Chinese internet-based financial products, such as Alibaba's Yu'ebao, are facing diminishing earning yields mainly due to the amount of liquidity in the money market and because banks have launched their own online financial products, which offer even higher yields, the Chinese-language Guangzhou Daily reports.

Bank regulator warns about risks in P2P lending websites2014-04-22
The China Banking Regulatory Commission is warning the public about illegal fundraising activities that be involved in peer-to-peer lending websites.

Baidu obtains fund payment license2014-04-04
Baidu Inc has won a third-party fund payment license from regulators, which will help the country's No. 1 online search giant to expand its share in the booming online personal wealth management market in China, the Nasdaq-listed firm said yesterday.

Banks' mixed response to meteoric rise of online financing2014-03-07
In a mere eight months following its establishment, the collaborative efforts of Alibaba and its wholly-owned subsidiary Tianhong Asset Management have managed to bring the collective value of its online financing tool Yu'ebao to more than that of 1,000 municipal banks in China. The mutual fund has topped 500 billion yuan (US$81 billion) in scale, according to media reports.

Yu'ebao more popular than Shanghai, Shenzhen stock exchanges2014-03-04
Alibaba's Yu'ebao has become one of China's largest monetary funds, becoming more popular than stocks among investors in Shanghai and Shenzhen, forcing authorities to seek ways to appeal to investors to put their money back into the country's stock exchanges.

Caixin explains: What is Yu E Bao and Why is It in the news?2014-03-03
The Yu E Bao e-investment product has been in the spotlight because of a strong backlash against remarks made by a CCTV commentator, who compared it to a vampire that sucks money out of banks.

Banks see rising costs in battle with internet rivals2014-02-26
Chinese banks are responding to competition posed by financial products launched by internet companies by introducing similar products, but the initiative has proven risky for banks, the China Securities Journal reports.

Yu'ebao not all it's cracked up to be?2014-01-26
Yu'ebao, the investment service introduced by payment service Alipay, seems to have risen into the firmament after garnering 49 million users and helping build China's largest investment fund in just six months, China Business News reports.

China's mobile payments rise in 20132014-01-14
China's mobile payment size nearly tripled to 334.3 billion yuan in the third quarter from the quarter before, and Alipay's market share was 64.4 percent.

P2P platforms in China bit the dust in 20132014-01-08
Investors in P2P platforms in China have become more selective after a shakeout in the fourth quarter of 2013. Many platforms pledging higher investment returns have been ousted; others have survived despite their lower yield rates.