Is Huaxin 7 13 a perpetual debt fund?
Not a perpetual debt fund. Perpetual bond fund is a fund that mainly invests in issuing perpetual bonds. Its characteristic is that interest payment can be postponed indefinitely, but investors need to bear higher risks. The investment of 7 13 of Huaxin Trust's product involves non-standard creditor's rights, so it is not a perpetual bond fund.