Wanda's first wealth management product "Yuangongbao" sells out in four hours

16.06.2016

Wanda launched its first wealth management product “Yuangongbao” on the company’s own messaging app, Wanxin,  in the afternoon of June 15, and in less than five minutes the product had already received more than RMB5 million in investments. It was so popular that it sold out in four hours, after accumulating RMB50 million.

The product offers an annual return of 6.5% over a one-year period and requires a minimum investment of RMB10,000 from each subscriber.

Wanda Wealth will continue to launch more high-quality wealth management products. For more information, please follow Wanda Wealth’s Official WeChat Account: wandawealth
 

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