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. QUESTIONS:

Q1:
1. What platform did Li Mingyang start investing in?
2. What platform did Li Mingyang become a part of?
3. 
Q2:
1. How long ago did Li Mingyang join Aibaba?
2. How much time has passed since Li Mingyang joined Alibaba?
3. 
Q3:
1. How much money has Li Mingyang already transferred to Alibaba?
2. What amount of cash has Li Mingyang transferred to Alibaba thus far?
3. 
Q4:
1. How long has it been since Leftover Treasure launched?
2. How many months has it been since the launch of Leftover Treasure?
3. 
Q5:
1. What is Yu'E Bao replacing?
2. What is being substituted by Yu'E Bao?
3. 
Q6:
1. What does Li Mingyang say is the main benefit of Yu'E Bao?
2. What primary advanteage does Yu'E Bao have according to Li Mingyang?
3. 
Q7:
1. How much more has Li Mingyang earned than other users in the past day?
2. By what percent have Li Mingyang earnings surpassed that of the average user in a day?
3. 
Q8:
1. What did Li Mingyang compare Yu'E Bao to?
2. What did Li Mingyang say that Yu'E Bao was like?
3. 
Q9:
1. How much money did users get in their Bao accounts for every RMB12?
2. What amount of deposit into a Bao account did each Rmb12 equate?
3. 
Q10:
1. Who is investing in Yu'E Bao?
2. Who is more and more interested in participating in Yu'E Bao?
3. 
