Fund Tianhong Zenglibao has become the first fund in China to hit 100 billion yuan ($16.30 billion) of sales thanks to its cooperation with Yu'ebao, Alibaba's wealth management product. Alipay , attached to the e-commerce giant Alibaba Group, announced in June it would offer its users the option to directly invest with the private Tianhong Fund using spare cash from Alipay accounts. The business is called Yu'ebao. The past five months have seen this fund blossom, owing to the prosperous Interet e-commerce platform, and the Singles Day shopping spree on November 11 had helped Yu'ebao. In the process of a deal on Taobao, once the buyer pays for the order, his or her money is first accepted by Alipay, then after he or she receives the goods, a final confirmation is made and Alipay then gives the money to the seller. If a buyer forgets to confirm payment, the money is transferred into the seller's account after 10 days by the system. The Singles Day had a total volume of 35 billion yuan($5.75 billion) and thus a large amount of money passed through Alipay's account. Analysts estimated that Alipay may have also bought the fund using the extra income, which powerfully enlarged the scale of Yu'ebao. Profit purchasing investors tend to choose safe financial management tools. The relatively stable yields of Yu'ebao is favored by most customers, the report said. Chinese e-commerence giant Alibaba allows consumers to invest their spare cash in the money market funds through its Alipay online payment service. The product, called Yu'ebao, or "Leftovers Treasure," has netted 130 billion yuan so far, making the fund's management firm, Tianhong Fund, the country's largest fund management company. Meanwhile, due to the cooperation with Alipay, the management scale of Tianhong monetary fund has doubled from 55.653 billion yuan at the end of September to over 100 billion yuan. During the Singles Day, the frequency of payment of Alipay and Yu'ebao exceeded 188 million and 16.79 million with total transaction volume at 35 billion... The fund has been successful so far mainly because _ . A) it is the country's largest fund management fund. B) it was the first fund in China to cooperate with Yu'ebao. C) consumers can directly invest the spare cash in it through online payment service. D) The online shopping is prosperous and the Singles Day shopping makes great contribution.
D
(Question)
A good way to practice your writing and be recognized by professionals and scholars is to enter writing contests. There are a variety of different writing contests open to teens who enjoy writing essays, fictional stories, poems and other written pieces. Creative communication Essay Contest The Creative Communication Essay Contest is sponsored by Creative Communication, an organization which promotes and encourages creative writing in students. The contest is open to students in grades four to 12. To enter, submit an original , non-fiction essay of 100 to 300 words on a topic of your choice. The contest is held three times a year with a fall deadline in October, a spring deadline in February and a summer deadline in July. Winners are chosen each time, one in each of the three divisions--grades 4-6, 7-9 and 10-12. American Library of Student Poetry Contest The American Library of Student Poetry Contest is open to students in grades three to 12. To enter, submit an original poem of 20 lines or less. Poems are judged on originality, creativity and artistic quality, and submissions are accepted throughout the year, with the winners being announced in September. First-,second- and third-place winners are chosen within each of the four grade categories, grades 3-5,6-7, 8-9, 10-12. YCteen Essay Contest The YCteen Essay Contest is hosted by YCteen, a life style magazine for teens. The contest is open to American teens , ages 14to19, and is held twice a year with the first deadline being in October and the second in December. To enter, submit an original, non-fiction essay of about 800 words answering a given essay question. Past questions have focused on issues such as climate change and activism. All winning entries will be published on the YCteen website and in the print version of the magazine. Scholastic Art & Writing Awards The Scholastic Art & Writing Awards is an art and creative writing contest hosted and sponsored by a group of more than 100 literary art organizations across the United States. The contest is... The main purpose of the passage is to _ . A) tell teens how to enter writing contests B) show the benefits of writing contests C) offer tips on how to win writing contests D) introduce writing contests for teens
(Answer)
D
Question: Less TV Reduce Kids Weight PALO AITO, California--"Switching off the television may help prevent children from getting fatter--even if they do not change their diet or increase the amount they exercise," US researchers said last week. A study of 192 third and fourth grades, generally aged eight and nine, found that children who cut the number of hours spent watching television gained nearly two pounds (0.91 kg) less over a one-year period than those who did not change their television diet. "The findings are important because they show that weight loss can only be the result of a reduction in television viewing and not any other activity," said Thomas Robinson, a pediatrician at Stanford University. " American children spend an average of more than four hours per day watching television and videos or playing games, and rates of childhood being very fat have doubled over the past 20 years," Robinson said. In the study, presented this week to the Pediatric Academic Societies' annual meeting in San Francisco, the researchers persuaded about 100 of the students to reduce their television viewing by one-quarter to one-third. Children watching fewer hours of television showed a significantly smaller increase in waist size and had less body fat than other students who continue their normal television viewing, even though neither group ate a special diet nor took part in any extra exercise. "One explanation for the weight loss could be the children unstuck to the television may simply have been moving around and burning off calories," Robinson said. "Another reason might be due to eating fewer meals in front of the television. Some studies have suggested that eating in front of the TV encourages people to eat more," Robinson added. Why can watching TV increase kids' weight according to the passage ? A) They usually eat more while watching TV. B) They burn off fewer calories. C) They change their diet while watching TV. D) Both A and B
Answer:
D