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Home>China's Yu'e Bao Fund Posts Strong Growth

China's Yu'e Bao Fund Posts Strong Growth

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Fri, 18 Apr 2014

BEIJING--China's fast-growing online investment fund Yu'e Bao nearly tripled in size during the first quarter, as its funds under management ballooned to 541.28 billion yuan ($87 billion). Yu'e Bao, or leftover treasure, was launched by China's e-commerce giant Alibaba Group Holding Ltd. in June
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