Working day (work Day/work Day), also known as labor day, refers to the length of working hours (hours) of employees in a day and night. Working days are working hours in days.
The state practices a working-hour system in which workers work no more than 8 hours a day and 44 hours a week on average.
Characteristics of the fund: the operation mode of stock funds is equity investment, that is, the shares of unlisted companies are obtained through capital increase and share expansion or share transfer, and profits are obtained through value-added transfer of shares. The characteristics of equity investment include:
The income from equity investment is very rich. Unlike creditor's rights investment, which earns a certain percentage of interest income from invested capital, equity investment obtains dividends from the company's income according to the proportion of capital contribution. Once the invested company is successfully listed, the profit of private equity investment fund may be several times or dozens of times.
Equity investment is accompanied by high risks. Equity investment usually needs to go through several years of investment cycle, and because it is invested in developing or growing enterprises, the development risk of the invested enterprises themselves is very high. If the invested enterprise ends in bankruptcy, the private equity fund may lose all its money.