Q: Li Mingyang only joined Alibaba's investment platform one month ago but he has already transferred almost all the cash in his bank account - nearly Rmb200,000 ($32,000) - to the online fund. He is far from alone . More than 30 million people in China have signed up to Yu'E Bao, or "Leftover Treasure", only six months since its launch.

Initially as the Chinese e-co mmerce group as a platform for its users to manage extra funds in their online payment accounts, Yu'E Bao is becoming something far more powerful: a straight-up substitute for traditional bank deposits ."There's no point in keeping money in the bank any more. This is just as reliable, more flexible and you can earn a lot more from it," Mr Li says.

A quick hit of the Yu'E Bao application on his phone shows the Shanghai-based editor has earned more interest on his account over the past day than 94 per cent of other local users ."This is fun, almost like a computer game," he says with a laugh.

For every Rmb12 that companies and individuals have deposited in Chinese banks since June, they placed roughly Rmb1 in their Yu'E Bao accounts, according to Financial Times calculations based on official data. While it remains tiny compared with total deposits in the Chinese banking system, this transfer of cash from banks to the Alibaba platform is only speeding up. In the process, it threatens to upend( ) the rules of China's state-protected financial department, break banks' profit model and shifting power to savers in a way that was scarcely imaginable at the start of this year.

Other Chinese tech companies are getting in on the act. Tencent, developer of the hugely popular

messaging app WeChat, is said to be designing a fund platform similar to Yu'E Bao. Baidu, the search engine company, began marketing investment products in October.

"Internet companies, with their ability to instantly reach millions of consumers, have already started to change the competitive dynamic in finance," says Ernan Cui, an analyst with GK Dragonomics, a

Beijing-based research firm.

1. Alibaba's investment platform
2. one month
3. nearly Rmb200,000
4. six months
5. traditional bank deposits
6. more flexible and you can earn a lot more from it
7. 94
8. a computer game
9. Rmb1
10. Other Chinese tech companies

Numbered questions:
1. What platform did Mungyang join?
2. How long ago?
3. How much has he already transferred?
4. How long ago did Leftover Treasure launch?
5. Yu'E Bao is a substitute for what?
6. What does Mr Li say is the main benefit?
7. He has earned more over the past day than what percent of local users?
8. What did Li compare it to?
9. For ever Rmb12 what amount was placed in their Bao accounts?
10. Who else is getting in on the act?

Q: It was finally summer vacation, and Josh was excited to go to his favorite place. He was heading to Florida, to visit his Grandma and Grandpa. Josh spends every summer there, and this summer would be no different! In the mornings, Josh and Grandma would plant cucumbers, tomatoes, and carrots in the ground. After they would be planted, they would water and weed the garden every day. In the afternoons, Grandpa would take Josh out on the ocean in his sailboat which was named "Sea girl." Josh loved "Sea girl" and his favorite part was smelling the salty ocean air. Sometimes Josh and Grandpa would go to a beach and make sandcastles, or start digging until they found buried sea shells or other treasures. At night, Grandma and Grandpa would make dinner and they would eat outside by the pool. On special nights, Josh got to get ice cream for dessert. A lot of times, Grandma made dinner dishes that included the vegetables Josh and Grandma were growing. It was his favorite time of year. Josh couldn't wait to leave tomorrow morning!

1. Grandpa
2. no one
3. "Sea girl."
4. no
5. no
6. The summertime
7. they would water and weed the garden every day
8. In the afternoons, Grandpa would take Josh out on the ocean in his sailboat
9. his favorite part was smelling the salty ocean air.
10. buried sea shells or other treasures.
11. yes
12. dinner
13. no
14. Grandpa
15. no
16. they would eat outside by the pool
17. no
18. ice cream
19. no
20. On special nights
21. no
22. Josh was excited to go to his favorite place.

Numbered questions:
1. Who took josh on the sailboat?
2. Who was named The Seaboat?
3. What was the boats name?
4. Does josh live with his grandpa?
5. Does he visit them in the winter?
6. When does he visit them?
7. What do they do every day?
8. What about the afternoon?
9. What part did Josh like the best?
10. What did they look for at the beach?
11. Did he get to see grandma as well?
12. What does grandma make?
13. Did josh help her?
14. Who helped her?
15. Did they eat in the dining room?
16. where did they eat?
17. Did they have cake for dessert?
18. What did they have?
19. Did he have it every night?
20. when did he get it?
21. Was Josh sad this time of year?
22. How did he like going there?

Q: There was a young woman who had a baby. She was very young. She had to learn how to feed the baby right. The doctor helped her with this. The doctor helped her with many things. Yesterday, the doctor had helped her try and teach the child to use the toilet. Today, she puts a bib on the baby to try to feed her. She tries to feed it with a frog shaped spoon. She tries to feed her a banana. She tries a rhyme, to get the child to have fun. The rhyme is about the cat that jumped over the moon. The doctor watches with a smile on his face. The doctor has a beard. The baby likes to play with the doctor's beard. The baby also likes to play with her rattle. Her rattle is shaped like a bull. It is a loud rattle. The baby still makes a mess, but she is drier than yesterday. The doctor says it is a good job.

1. the young woman
2. to feed the baby right
3. the doctor
4. yesterday
5. a bib
6. the shape of a frog
7. no
8. a banana
9. to get the child to have fun
10. no
11. the moon
12. no
13. no
14. The doctor's beard and her rattle.
15. no
16. a bull
17. It's a good job.
18. It makes a mess

Numbered questions:
1. Who put a bib on the baby?
2. What did the woman have to learn?
3. Who helped her with this?
4. When did the doctor help her with potty training?
5. What did she put on the baby?
6. What shape was the spoon?
7. Did she feed the baby an orange?
8. What did she try to feed it?
9. Why did she try to rhyme?
10. Was the rhyme about a whale?
11. What did the cat jump over in the rhyme?
12. Was the doctor frowning?
13. Did the doctor shave his face?
14. What does the baby like to play with?
15. Is the rattle quiet?
16. What's the rattle shaped like?
17. What does the doctor say?
18. Is the baby neat?