Internet Financial Returns

11 days, Tianhong Zeng Li Bao. Yu Bao The seven day annualized yield fell to 5% below 4.985%. From December 2013 to February 2014, the highest yield of the balance treasure in seven days was 7%. Break seven, break six, break 5, balance treasure and other Internet Fund financial products slipping from the glorious peak, time is not long. At the same time, similar products of banking industry are rising rapidly.

In the fund management products of the Internet department, the balance treasure is a symbol. Under its banner, it has assembled WeChat's "wealth management", NetEase's "cash treasure", Jingdong "small Treasuries", Suning "zero money treasure" and other products. According to the statistics of sina Internet financial fund, since April, only 7 of the 52 network fund financial products have achieved an annual yield of over 5%, accounting for less than 50% of the 7 funds. As early as May 1st, the yield of WeChat CAITONG had dropped to 4.98%. As of 11 days, WeChat's "CAITONG" 7 annual yield of 4.893%, Baidu "100 earn", Jingdong "small Treasuries", Suning "zero money treasure" and other Internet financial products 7 years of annual yield from 7% at the highest time down to 5% below.

At the same time, banks are currencies. fund Product yield continued to rise: as of 11 days, the 7 year annualized rate of return of the Internet financial products of Societe Generale "shopkeeper wallet" was 5.618%; Ping An Bank "Ping Yun" has an annual yield of 5.511% on the 7 day, and the 7 year annualized yield of 5.493% of the Bank of China's "demand treasure", 4.977% of the annual yield of the people's livelihood "Ruyi Bao" 7 days.

According to the balance treasure and Celestica fund's public data, the third quarter of 2013 to the first quarter of 2014, the balance of treasure net purchase ratio continued to decline. In the first quarter of this year, the net purchase ratio was only 38.7%, that is, 100 yuan for every purchase, 61.3 yuan was redemption by users.

Some analysts pointed out that many people began to turn the money of the Internet baby account back to the bank to buy the financial products launched by banks. The number of users of CAITONG and Yu Ebao is showing a sharp downward trend, and the trend of "capital moving" has emerged. No matter from the rate of return or the trend of customers, the Internet Department "baby" and Bank The war of "baby" has come to an end.