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Sunday, October 27, 2013
Zenglibao Becomes the Largest Currency Fund in China
ANBOUND

According to the report for the third quarter, the scale of the currency fund Tianhong Zenglibao had reached 55.653 billion Yuan by the end of September. This is a growth of 1211.33% compared to the second quarter. Zenglibao is now the largest fund in the market. It is noteworthy that after rapid growth in the early phase of operation, the growth of Yuebao's scale is slowing down and is expected to enter a relatively balanced phase. On whether Tianhong can maintain its advantages, it would still depend on its own capacity.

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