From June 6, investors in Ant Financial’s money-market fund Yu’e Bao will be only be able to transfer 10,000 yuan to their bank accounts on the same day. Photo: Bloomberg
Ant Financial reduces same-day withdrawals from its money market fund to manage liquidity risk
Topic |
Banking & Finance
From June 6, investors in Ant Financial’s money-market fund Yu’e Bao will be only be able to transfer 10,000 yuan to their bank accounts on the same day. Photo: Bloomberg