It will have an impact. Now that the economy is in recession, it is already in the era of negative interest rates, and the RMB is constantly depreciating.

In order to alleviate the downward pressure on the economy, the income of monetary wealth management products has been reduced to varying degrees. For example, the bank's regular wealth management income is only 1.5%, and the balance treasure income has also fallen below 3%, reaching the "2" era. Even the revenue of p2p product "Clown" has dropped from the original 15% to 12%. Even this state-owned platform can't escape the impact of RMB depreciation. Anyway, the income of each family has declined to varying degrees.