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

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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
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