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The latest data show that the balance of treasure at the end of June 2017 has reached the scale of 1 trillion and 430 billion yuan. This figure exceeds China Merchants Bank's personal current and fixed deposit accounts at the end of 2016.
At present, the balance of treasure has become the world's largest monetary fund. As of the end of the first quarter of this year, the size of the entire public fund was 9 trillion and 210 billion. Among them, the balance of treasure itself accounted for 12% of the share, reaching 1 trillion and 140 billion yuan.
Insiders predict, the balance of treasure at the end of September 2017 is expected to exceed the size of Chinese bank 2016 annual average individual deposits.
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