Transactions on Zhaocaibao to touch 1 trillion yuan
Print Edition
ALIBABA’S small finance affiliate said it expects wealth-management transaction size to reach 1 trillion yuan within three years through its Zhaocaibao platform.
Zhejiang Ant Small & Micro Financial Services Group said transaction value through Zhaocaibao soared over 200 billion yuan (US$32 billion) since its launch in April last year.
It took only two months for the transaction size to double from 100 billion yuan by April-end to 200 billion yuan, despite the turmoil in the domestic stock market.
Investment threshold is 100 yuan at the Zhaocaibao platform, while most wealth-management products sold at banks and insurance companies normally start from 50,000 yuan.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
