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1. Overview
On February 9, 2021, opening the Alipay app, clicking on wealth management, tapping on gold on the wealth management page, and clicking on the arrow next to the real-time gold price will show the daily rise and fall of BoShi Gold. By clicking on BoShi Gold, you can also check the monthly rise and fall in gold prices.
2. Alibaba as a Third-Party Fund Sales Platform
Alipay serves as a third-party fund sales platform as of January 6, 2022, with its main revenue coming from sales commission received from fund companies. Therefore, Alibaba has a strong incentive to sell stock-type funds with higher commissions. The platform intelligently recommends funds with impressive short-term performance to capitalize on the timeless human trait of greed.
3. Diversified Investment Options
While Alipay offers various investment options like savings, futures, gold, treasury bonds, forex, insurance, jewelry, P2P lending, sneaker trading, cryptocurrencies, real estate, and more, many of these might not be suitable for beginners' investment needs and understanding.
4. Alipay Wealth Management Live Broadcasts
Alipay Wealth Management held 521 live broadcasts by 110 institutions in the week of October 18–24, 2021, due to the platform's 18 Wealth Management Days event. Some institutions increased the number of live broadcasts to gain more traffic, resulting in a 187-broadcast increase compared to the previous period.
5. Monitoring Gold Price Trends
Users can observe gold price fluctuations and view statistical tables. By checking BoShi Gold or real-time gold prices, users can track trends and performance. Another simple method involves buying or selling 10 yuan worth of gold to analyze the previous day's profits and holdings.
6. How to Check BoShi Gold Price Trends
For users wondering about monitoring buy-in prices for BoShi Gold on Alipay, follow these steps: 1. Open the Alipay app. 2. Tap on wealth management. 3. Click on gold…
7. Understanding Alipay's BoShi Gold
1. BoShi Gold, being a fund, can be a profitable investment, but not everyone may profit from it. 2. Buying BoShi Gold is essentially investing in a fund product managed by BoShi Fund, one of China's earliest fund management companies regulated by the CSRC.
8. Purchase and Selling Rules for BoShi Gold on Alipay
In Alipay, buying BoShi Gold does not incur any transaction fees, and the minimum investment is as low as 1 yuan, ensuring low entry barriers. Selling BoShi Gold follows specific guidelines and procedures, making it hassle-free for users.
9. Understanding BoShi Gold on Alipay
BoShi Gold is a fund managed by BoShi Fund, one of the first five fund management companies established in mainland China, under regulatory supervision by the CSRC. As of September 30, 2020, BoShi Fund continues to be a reputable player in the industry.