Internet Investment Boom.docVIP

Internet Investment Boom 　　 Lifeweek Magazine February 24 　　Chinese Internet operators are expanding into the financial business by launching various Internet-based fund products. Online investment services， such as e-commerce giant Alibaba’s Yu’ebao and Internet icon Tencent’s WeChat-based Licaitong， have appeared to overtake the traditional bank deposit to become the preferred method for many investors. 　　Emerging online investment services draw depositors because of their more convenient services and better returns than traditional banks. By investing in these new financial products， smal