Live Qian Bao is a wealth management product launched by Bank of China. Belonging to the monetary fund, it can be purchased and redeemed at any time. Therefore, investors can spend it at any time.

It should be noted that Qian Bao's investment direction is mainly short-term monetary instruments, such as treasury bills, commercial paper, bank time deposit certificates, bank acceptance bills, short-term government bonds, corporate bonds and other short-term securities. Therefore, although it can be consumed at any time, investors need to consider the investment risk of the money fund.