Alipay(支付宝), attached to the e-commerce giant Alibaba Group, announced in June it would offer its users the option to directly invest with the private Tianhong Fund using spare cash from Alipay accounts. The business is called Yu’ebao.
The past five months have seen this fund blossom, owing to the prosperous Interet e-commerce platform, and the Singles Day shopping spree on November 11 had helped Yu’ebao. In the process of a deal on Taobao, once the buyer pays for the order, his or her money is first accepted by Alipay, then after he or she receives the goods, a final confirmation is made and Alipay then gives the money to the seller. If a buyer forgets to confirm payment, the money is transferred into the seller’s account after 10 days by the system.
The Singles Day had a total volume of 35 billion yuan(＄5.75 billion) and thus a large amount of money passed through Alipay’s account. Analysts estimated that Alipay may have also bought the fund using the extra income, which powerfully enlarged the scale of Yu’ebao. Profit purchasing investors tend to choose safe financial management tools. The relatively stable yields of Yu’ebao is favored by most customers, the report said.
Chinese e-commerence giant Alibaba allows consumers to invest their spare cash in the money market funds through its Alipay online payment service. The product, called Yu’ebao, or “Leftovers Treasure,” has netted 130 billion yuan so far, making the fund’s management firm, Tianhong Fund, the country’s largest fund management company.
Meanwhile, due to the cooperation with Alipay, the management scale of Tianhong monetary fund has doubled from 55.653 billion yuan at the end of September to over 100 billion yuan. During the Singles Day, the frequency of payment of Alipay and Yu’ebao exceeded 188 million and 16.79 million with total transaction volume at 35 billion yuan and 6 billion yuan.
1. The fund has been successful so far mainly because ________.
| A．it is the country’s largest fund management fund. |
| B．it was the first fund in China to cooperate with Yu’ebao. |
| C．consumers can directly invest the spare cash in it through online payment service. |
| D．The online shopping is prosperous and the Singles Day shopping makes great contribution. |
| A．allows sellers to invest their spare cash in the money market funds |
| B．offers the business called Yu’ebao |
| C．has doubled to 55.653 billion yuan at the end of September |
| D．transfers the money from the buyer to the seller directly |
| A．Yu’ebao, the right choice to invest |
| B．Alibaba helps make China’s largest fund |
| C．Celestica, the largest fund in China |
| D．Alipay, a branch of Alibaba group |
相似题推荐
The child’s mother was very much thankful to the doctor, and she visited him to thank him for what he had done for her child. “Doctor,” she said, “you have saved my little son. I don’t know how to thank you enough. I feel that money alone cannot repay you, so I have made this little purse with my own hands, as a sign of my gratitude. I hope you will accept it.” The doctor stood up and said coldly, “Madam, a little present like that is very nice between friends, but a doctor needs to be paid properly for what he has done.” The lady was so surprised and hurt so much that she could not reply for a moment. Then she said quietly, “Perhaps you will tell me how much your fee is?”
“Fifty pounds”, he answered.
The lady opened the little purse and took out four fifty-pound bank notes. She handed one of them to the doctor, and put the other three back into the purse. She put the purse into her handbag and, saying good bye to the doctor, went out of the room.
1. The lady was thankful to the doctor because ________.
| A．he had saved her life |
| B．he had saved her son’s life |
| C．he often called on her |
| D．he had given her some money |
| A．the purse should be given between friends |
| B．the purse was too small |
| C．the lady didn’t gave him money but the purse |
| D．the lady was not kind to him |
| A．The lady had planned to give the doctor 200 pounds. |
| B．The lady was means. |
| C．The lady didn’t pay the doctor any money. |
| D．The lady was angry with the doctor. |
【推荐2】Live Every Day Like It’s A Holiday
We feel great on holiday because we let go of everyday stresses and strains.
Sleep like a holidaymaker
Sleep like a baby when you’re on your holidays but stay awake when you’re in your usual routine?
Get moving
Part of the joy of going away is lingering over delicious food with families. Take up the holiday habit of sitting down as a family for at least one meal a day. Families who eat together experience less anxiety, less depression and less obesity, research has found.
Be a tourist in your own city
Part of the thrill of a holiday is the novelty of discovering a new place and doing new things.
| A．Make your meals a celebration. |
| B．Carve out some dedicated quiet time. |
| C．If so, you might need to examine your sleep habits. |
| D．Just make sure you schedule it into your day or week. |
| E．But it’s also easy to be a holidaymaker in the place you live. |
| F．Research has even shown that vacations help health and well-being. |
| G．When you’re travelling, you walk around new cities without a second thought. |
【推荐3】Cyber Cafes (网吧) or computer centers are found in many cities around the world. Now, a few American high schools are opening these centers. For example, a high school in the state of Maryland began operating a Cyber Cafe last March. All students at Bethesda-Chevy Chase High School in Bethesda can use the Cyber Cafe. But school officials say it’s set especially to help students who have no computer or cannot use the Internet at home.
The officials say thirteen percent of the students at the school are from poor families. Many students have arrived in the United States from other countries recently. Students in the school’s program for learning English speak twenty-three languages.
The idea for a Cyber Cafe at Bethesda-Chevy Chase High School began three years ago. At that time officials were planning to restore the school building. Parents interested in technology proposed (建议) to build a Cyber Cafe.
Over two years, money for a Cyber Cafe and other new computers was collected. It received more than one hundred and seventy thousand dollars. The Cafe now has sixteen computers, a printer and a scanner (扫描仪). School official Ann Hengerer says students use the Internet to complete research. They also write homework and required papers on the computer. In addition, they can send and receive electronic mails. That is especially helpful for many students who have family members in other nations.
The Cyber Cafe also serves a social purpose. Visitors can stop by for a drink of coffee, tea or hot chocolate.
1. Which of the following is NOT true according to the passage?| A．Students can write homework on line in the Cyber Cafe. |
| B．Students can send and receive electronic mails in the Cyber Cafe. |
| C．Students can play some computer games in the Cyber Cafe. |
| D．The Cyber Cafe also provides some drinks for students. |
| A．Travel. | B．Business. |
| C．Education. | D．Entertainment. |
| A．Cyber Cafe at High Schools | B．How to Use Computers |
| C．How to Surf the internet | D．Cyber Cafe in America |
