Nowadays, the number of the middle class in China is increasing, and the wealth of the middle class is also increasing day by day, and the demand for wealth appreciation and preservation is increasing.
Of course, we all know that China's financial development is relatively backward and still at the primary level. The underdeveloped financial market has become the bottleneck of China's financial development, which is also the reason why China has continuously intensified its reform and opening up in recent years.
At the present level of China's financial market, it is difficult to have too many channels to provide a wide range of financial products. Therefore, there are really few products that can really provide financial management in China, and there is not much room for imagination. In the eyes of many people, there are basically no other wealth management products except bank deposits, buying funds and speculating in stocks. In fact, there are also some minority wealth management products such as futures in China.
From a realistic point of view, Chinese residents have a blind spot in wealth management products, that is, they hope that the higher the rate of return, the better, while the rate of return of bank wealth management products, stocks and funds can hardly meet people's demand for high yield. So many people began to look for gray financial products, such as spot, futures, foreign exchange, virtual currency and so on.
At present, except for domestic futures, it is allowed by the state, but its entry threshold is high and the risk is great. Many people basically do not participate, and it is difficult to participate. Other financial derivatives, especially spot, foreign exchange, and virtual currency, have certain temptations, because many gray platforms are aimed at people's demand for high returns and constantly play the edge ball.
Among them, foreign exchange is something that Chinese residents know little about, but it is seen on many websites. The state has no relevant laws and regulations, explicitly denying its existence, but generally saying that residents are not allowed to speculate in foreign exchange. This woman's credulity cheated 400,000 foreign exchange wealth management products, mainly because she didn't understand the platform and foreign exchange, but I'm afraid it's difficult to really recover the money.
Because most gray foreign exchange platforms have their own unique capital channels and channels to wash out the money of specific investors. Due to the irregular foreign exchange platform, once the funds are transferred, it is difficult to trace back, because the funds remitted abroad are not protected by domestic laws, and foreign laws do not protect the interests of China investors. Once there is a funding problem, there is basically little hope.