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<p><a href="https://www.dealstreetasia.com/?s=Ant+Group">Ant Group</a>&#8216;s money market fund Yu&#8217;e Bao shrank in the first quarter of 2021, according to Tianhong Asset Management Co Ltd, which manages the fund.</p></article>

Yu'e Bao is targeted at individual investors and is one of the biggest money market funds in the world, which is integrated with Alipay.

Ant Group's money market fund shrinks in Q1 as regulatory pressure mounts

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