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What does it mean to apply for redemption on a daily basis?
This refers to the wealth management products purchased on the same day.

China Construction Bank official website query shows that applying for monthly redemption refers to the open net worth RMB wealth management product launched by China Construction Bank.

This product is characterized by daily subscription, and users can deposit their idle funds at any time; At the same time, users can also redeem on a daily basis, but the redeemed funds will arrive at a fixed time every month.

The design of this wealth management product aims to provide users with a stable way of capital investment, which not only ensures the liquidity of funds, but also obtains certain benefits.