Will Yu'ebao be affected if Alibaba's stock price drops?
不会受影响的。
阿里巴巴的股票在美股和港股均有上市,该公司的股票下跌不会影响余额宝。
余额宝：目前有二十多只货币基金对接，里面的货币基金都不是支付宝发行的，而是代销基金公司的产品。
货币基金的风险很小，主要受到货币市场工具利息和交易型货币基金的波动影响，因此余额宝不受阿里巴巴股票的影响。
Professional answer
It will not be affected.
Alibaba's stock is listed in both the US and Hong Kong stock markets. The decline of the company's stock will not affect Yu'ebao.
Yu'ebao: Currently, there are more than 20 money market funds connected, and the money market funds in them are not issued by Alipay, but are products of fund companies that sell on behalf of them.
The risk of money market funds is very small, and is mainly affected by the fluctuations of money market instrument interest rates and exchange-traded money market funds. Therefore, Yu'ebao is not affected by Alibaba's stock.
Even if Alibaba's stock price drops, Yu'ebao will not be affected, as the stock price is determined by the supply and demand of stocks. Yu'ebao is managed by Tianhong Fund Management and invests in the interbank money market.
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