"Baby" Products Revenue "Stumbling" Scale Encountered "Waterloo"

Judging from the "baby" products of different departments, the earnings of the "baby" products in the three quarter were the highest, with an average yield of 2.60%; the yield levels of the "baby" products of the third party payment department, fund department and affiliate department were two or three and four respectively, and the average yield rates were 2.59%, 2.49% and 2.44% respectively.

In fact, the Internet "baby" product docking is monetary fund, its funds mainly invest in bank deposits and settlement payment, which usually can account for more than 60% of the total assets.

In addition, a small part of the funds will be invested in bonds and other assets. Basically, they are the underlying assets with low risk level, and the convergence of the funds of all monetary funds is also decided. This determines that the income gap between the "baby" products will not be too large.

In 2016, the yield of "baby" products has been showing a downward trend.

According to the monitoring of Rong 360, the average yield of "baby" products in the first quarter of this year was 2.80%. The average yield of the products in the two quarter was 2.55%, and the average income of the "baby" products in the three quarter continued to decline, with a yield of 2.54%.

In the face of declining profits, some investors choose assets that seek higher returns to invest.

In the third quarter of 2016,

The earnings of baby products continued to decline, with an average return of 2.54% in three months.

The decrease in earnings of these products is in line with market expectations. At present, due to the pressure of economic growth, the cost of social financing is still high. The central bank has used flexible monetary policy to make the market interest rate drop again and again, and interest rate liberalization is also accelerating.

By the end of the three quarter of 2016, the total size of 68 monetary funds that were butted into 83 Internet baby products was 1 trillion and 635 billion 149 million yuan, a decrease of 78 billion 692 million yuan compared with the end of the second quarter of 2016 and a decrease of 4.59%.

In all

In the third quarter of 2016, there were 28 funds for scale growth, and 40 funds fell in size.

From the scale of the former monetary fund, most of them are known as large and medium-sized banks, third party payment platforms or fund companies issued "baby" products.

At the end of the three quarter

The scale was 794 billion 388 million yuan, a decrease of 2.69% compared with the second quarter of 2016.

In the three quarter, the size of "baby" products has declined slightly in the case of gradual decline in earnings.

According to the statistics of 360, the scale of the "baby" is the largest, with a decrease of 19.95% compared with the central bank. The size of the "baby", the sales agency "baby" and the third party payment department "baby" have also decreased to varying degrees, and the decrease is 6.05%, 3.21% and 2.43% respectively.