If Alibaba collapses one day, the money in Yu'ebao is still yours.

Some people say Alibaba is too big, so we shrink it a little. Ant Financial collapsed.

Ant Financial's product is Alipay. If you often use Alipay, you should find that it provides many services.

For example, paying water and electricity bills, recharging phone bills, and of course buying Yu'ebao.

These products are realized through cooperation, not by Ant Financial alone.

So, Yu'ebao is a product in cooperation with Tianhong Fund.

Including the insurance business on Alipay, it is also a cooperation with various insurance companies.

Alipay is just an integration function, and the actual funds flow into various cooperating companies.

Let's talk about Yu'ebao again.

Your money is in Tianhong Fund, so if Ant Financial collapses, it has nothing to do with the money you put in Tianhong Fund.

It may be that the funds that could be redeemed directly from Alipay need to be handled in a different way, such as going to the official website of Tianhong Fund to redeem them, that's all.

As for the specific operation, we can only wait until that day when it really happens and Tianhong Fund will give a solution.