Since May 2017, Tianhong Foundation has initiated a series of active adjustments to the purchase and retention quota of Europa. The upper limit of personal trading account holdings is 100,000 yuan, and the one-day purchase limit is 20,000 yuan.
Since April 10, investors will no longer be subject to these restrictions on purchasing Tianhongbao Monetary Fund.
Earlier, Tianhong Fund issued a report in 2018, which showed that Tianhongs goods base ended its sustained high-speed growth since its establishment in 2013, and for the first time in 2018 there was more than 20% negative growth.
According to the annual report data, by the end of 2018, the total scale of Tianhong Baobao was 1.13 trillion yuan, a decrease of 447.126 billion yuan compared with the 1.58 trillion yuan at the end of 2017, a decline of more than 28%.
While the scale declined, the number of Tianhong Yao customers showed a rapid growth trend. In 2018, 114 million new customers were added, and the total number of customers reached 588 million. (Zhou Xiaobai)
Source: TechWeb Responsible Editor: Yao Liwei_NT6056