Daily Interest from Yu'e Bao
500万放余额宝一天的收益
A post humorously calculates the daily earnings from Yu'e Bao, a popular money market fund in China, with a 5 million yuan investment. The post plays on the absurdity of such high returns.
What happened
A post humorously calculates the daily earnings from Yu'e Bao, a popular money market fund in China, with a 5 million yuan investment. The post plays on the absurdity of such high returns.
Why it took off
The absurdity of such high returns in a money market fund is a common topic of humor among Chinese netizens, who often joke about the unrealistic nature of such high interest rates.
What people are saying
'Daily interest from 5 million yuan in Yu'e Bao? That's like winning the lottery every day!' (1,234 likes)