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Is the securities investment fund a direct financing tool?
Direct financing is the symmetry of indirect financing. A financing method without financial institutions as intermediaries. The transfer of monetary funds will be carried out after the unit that needs to integrate funds and the unit that needs financing reach an agreement directly. The forms of direct financing are: buying and selling securities, prepaying goods and selling goods on credit, and not borrowing through banks and other financial institutions. Securities investment fund is also a kind of direct financing!