www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Trendsetters

Alipay gets regulator nod for Tianhong deal

(Agencies) Updated: 2014-05-30 14:53

Alipay gets regulator nod for Tianhong deal

An employee is seen behind a glass wall with the logo of Alibaba at the company's headquarters on the outskirts of Hangzhou, Zhejiang province, April 23, 2014. [Photo/Agencies]

Chinese regulators have given the go-ahead to Alibaba Group Holding's online payment affiliate Alipay to take control of fast-growing fund firm Tianhong Asset Management Co as the e-commerce giant bulks up its push into online finance.

The China Securities Regulatory Commission (CSRC) approved Zhejiang Alibaba E-Commerce Co, the parent company of online payment company Alipay, to purchase 51 percent of Tianhong, according to a filing from Tianhong shareholder Inner Mongolia Junzheng Energy & Chemical Industry Co on Thursday.

Alipay gets regulator nod for Tianhong deal
Alibaba files for $1 billion IPO in US
Alipay gets regulator nod for Tianhong deal
Alibaba helps make China's largest fund
Alibaba is gearing up for what could be the world's biggest tech IPO, and online finance has become another battleground for the firm. Though the business unit will be largely kept separate from the offering, it could play an important role in the entire company's future growth.

Tianhong has gone from near obscurity to running China's biggest money market fund by assets under management (AUM) in just months after it launched fund platform Yu'e Bao, or "leftover treasure", with Alipay in June last year.

Yu'e Bao's one-year interest rates are higher than a bank's regulator-restricted rates for one-year deposits, and are an incentive to deposit money with the platform.

Yu'e Bao, which people can run from their smartphones, is also linked to China's biggest online payment platform Alipay, similar to PayPal. Users can dip directly into Yu'e Bao to buy products on Alibaba's huge online shopping websites and anywhere else that takes Alipay.

Alipay's investment, valued previously at 1.18 billion yuan ($189.11 million), will see the firm inject 262 million yuan in registered capital into the fund, according to the filing.

Tianhong had 554 billion yuan in AUM in the first quarter of 2014, from just 10.5 billion yuan a year earlier, according to Z-Ben Advisors, a Shanghai-based investment management consultancy.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 日韩免费黄色片 | 热re66久久精品国产99热 | 美女视频全部免费 | 99视频精品 | 日韩在线视频线视频免费网站 | a毛片在线播放 | 人人99| 香蕉一区二区三区观 | 欧美一级毛片免费大片 | 中文字幕二区 | 欧美三级免费 | 久青草视频在线 | 亚洲欧美国产中文 | 成人免费午间影院在线观看 | 国产一有一级毛片视频 | 午夜性爽快免费视频播放 | 黄a在线| 国产高清精品自在久久 | 日本在线视频观看 | 国产美女无遮挡软件 | 欧美综合一区 | 日韩免费观看的一级毛片 | 欧美一级第一免费高清 | 神马三级我不卡 | 欧美jizzhd精品欧美另类 | 亚洲精品成人a | 国产精品爱久久久久久久三级 | 久热精品6| 国内精品中文字幕 | 97国产成人精品视频 | 国内主播福利视频在线观看 | 亚洲综合色就色手机在线观看 | 亚洲精品自拍视频 | 性色tv| 欧美1| 欧美日韩精品一区二区免费看 | 2021国产精品自在拍在线播放 | 手机在线观看亚洲国产精品 | 亚洲图片一区二区三区 | 在线精品播放 | 伊人久久大香线焦在观看 |