Zuìjìn huòbì jījīn de qī rì niánhuà shōuyìlǜ yòu jiàng le.
Money market funds' 7-day annualized yields have dropped again recently.
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Exploded in popularity with Alipay's 余额宝 (Yu'e Bao, launched 2013), which briefly became the world's largest money-market fund. Retail Chinese savers use 货基 (short form) for park-and-redeem cash yields above bank deposits.
