Answer: First, in general, the financial management of securities companies and banks are the same, and there are different types. It depends on the type of investment, which are currency type, bond type, stock type, and mixed type. type etc. Banks have a capital-guaranteed type, which explicitly guarantees capital, and securities companies cannot issue capital-guaranteed financial services. The currency type is actually risk-free. It is generally open every working day. There are few banks and many securities companies. What I know is that Guotai Junan’s currency type and bond type are doing well. If it's a stock type, to be honest, it's the same everywhere. Most banks' financial management is based on a certain number of days, and money cannot be used during these days, so relatively speaking, the monetary financial management of securities companies is more flexible. No matter what kind of financial management, the mentioned rate of return is annualized. Don't be fooled into thinking that you can get 5% in 91 days or 180 days.
Second, in terms of income, securities companies are good and have a full range of products, ranging from capital guaranteed to high-risk. However, the starting point for capital guaranteed subscription is relatively high. The starting point for banks is relatively low, but the returns of securities companies' products are higher than Banks are high, and their returns from short-term to long-term are not as good as those of securities companies. CITIC Securities is the largest securities firm in the country, with a complete range of businesses and diverse trading varieties.
A and B shares, open-end funds, closed-end funds, money funds (capital guaranteed), leveraged graded funds, index funds, treasury bonds, local bonds, corporate bonds, financial bonds, convertible bonds, Treasury bond repurchase transactions (capital guaranteed), Third Board, margin financing and securities lending, refinancing, commodity futures, stock index futures, private equity, PE, additional issuance, securities dealer collective financial planning, exchange bond trading business, trusts issued by CITIC Securities (capital guaranteed), if If you have a relatively large amount of funds, CITIC Securities can also provide you with your own special financial management
The following is a more comprehensive analysis. Compared with the income from securities companies, the income from bank financial management has its own advantages and disadvantages:
1. The financial management products of banks are usually principal-guaranteed plus fixed income. The advantage is that you don’t have to worry about it, and there will definitely be income. The deadline won't be very long either. The disadvantage is that the income may only be higher than the regular interest rate and not as good as other financial products of securities companies, generally between 4.14% and 5.53%.
2. Bancassurance products (products launched by insurance companies in banks) are mostly "capital guaranteed + floating", which means that their income is not fixed and depends on its investment income. It may not be fixed until the maturity date. When I bought it, I bought one with no cost and no return (this happens sometimes but not often). It is also possible that its return is very high, which is far from being comparable to bank financial products. The advantage is that it is free and guaranteed, and the expected income (hopefully, "expected") is higher; the disadvantage is that it has more expenses (initial fee, redemption fee, management fee, etc.), but if its income is high, the cost will be can be ignored), and its income is expected and not fixed. It is usually expected to be 7% to 8%, and the longer term is usually more than two to three years or even more than ten years.
3. The financial products of securities companies usually have no guarantee of principal or return, which means they are high-risk and high-yield.