Are Longbao wealth management products safe?

Jianxin Longbao will lose money. This product is not a financial product with guaranteed capital. Jianxin Longbao is a low-risk wealth management product with low loss probability, which is suitable for cautious investors. Jianxin Longbao is an open net worth RMB wealth management product, and there is no expected return when investing. Essentially, CCB Longbao belongs to the monetary fund and belongs to the category of low-risk products.

Although Jianxin Longbao does not guarantee the safety of the principal, the possibility of loss is extremely low. CCB Longbao can earn income every day after its investment, and the income will be received at T+ 1, and the purchase share will be converted according to the product unit net value of the previous working day. For investors, if they want to get higher returns, they can choose products with higher returns.

According to the risk level of CCB, CCB Longbao is a low-risk wealth management product with low principal loss, but this product does not guarantee the principal. As we all know, investing in wealth management products can get more benefits, but it is also important to choose a wealth management product that suits you.

Extended data

CCB sells CCB's "Longbao" (daily) open net worth RMB wealth management products. The products are non-guaranteed floating income wealth management products, which are purchased according to the amount and redeemed according to the share. To sum up, the specific exchange time and limit are: 1. Redemption shall be made between 9:00 and 15:00 on each product open day (each securities trading day), and the cumulative redemption application share of a single customer shall not exceed 50 million, and the redemption funds shall be received in real time. 2. Within 00: 10-9:00 and 15:00-23:30 of each product open day (each securities trading day) and each non-open day, the cumulative redemption application share of a single customer is limited to 50,000, and the redemption funds are received in real time. Purchase and redemption can be handled through mobile banking, intelligent teller machines and online banking.

CCB Longbao can only be redeemed at any time during 9: 00- 15: 00 on the open day, and investors can only purchase and cannot redeem during the closed investment period. If the investor applies for redemption during the opening hours, the redemption funds will be received in real time. The deadline for the redemption application of Jianxin Longbao (daily application for monthly redemption) is before 23: 00 on June/KLOC-0, and the redemption fund arrival date is the second working day after the redemption application deadline. Redemption applications submitted by investors after 23: 00 last month and before 23: 00 in the current month will be received on the day when redemption funds arrive in the current month. Redemption applications submitted by investors after 23: 00 of the current month and before 23: 00 of the following month will be received on the redemption fund arrival date of the next month.

For example, investors apply for redemption from 23: 00 on April 10 to 23:00 on May 10, and the funds will arrive on May 12. Apply for redemption from 23: 00 on May 10 to 23: 00 on June 10, and the funds will arrive on June 12. If June 10 is a holiday, it will be postponed to the next working day.

CCB Longbao is a cash management wealth management product issued by CCB, which mainly invests in low-risk, high-liquidity assets such as treasury bonds and money funds and non-standard products that meet the standards. The purchase and redemption of this product are all T+0, that is, the purchase and redemption are confirmed in real time, and the redemption is immediately received, so it is very convenient to withdraw cash, similar to Yu 'ebao, and is not limited by the amount. It is the first choice for conservative investors and can partially replace current savings. At present, the 7-day annualized rate of return is stable at around 3.5%. When redeeming, you only need to find the product you hold in the investment and financial management column, click Redemption, and then enter the redemption share. It can be exchanged after 9 o'clock and before 3 o'clock on weekdays, and it will arrive in a few seconds.