Rivals Reap Rewards as China’s Monster Money-Market Fund Shrinks

📆 09/08/1397 05:30 ب.ظ
📰 WSJ

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Chinese regulators put the squeeze on the world’s largest money-market fund, and a dozen other funds benefited

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China’s Monster Money-Market Shrinks and Rivals Reap RewardsBeijing is forcing the world’s largest money-market fund, Ant Financial’s Tianhong Yu’e Bao, to shrink, creating a bonanza for the dozen other money-market funds that Ant has added to its investment platform. “Samsung and SK Hynix, the biggest makers of the memory chips used in mobile devices...$60 billion of investments in facilities...Artificial intelligence, Internet of Things and autonomous driving are among uses for memory...Chinese firms also expanding rapidly...”. Over Supply?
منبع: WSJ - 🏆 98. / 63 ادامه مطلب »

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