What is the impact of RMB depreciation on the purchase of funds?
It doesn't matter. A fund in a broad sense refers to a certain amount of funds set up for a certain purpose, mainly including trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. The depreciation of RMB exchange rate will only reduce the international purchasing power of RMB, and will not directly affect domestic prices, so it has no impact on the fund. Renminbi is the legal tender in People's Republic of China (PRC), and the People's Bank of China is the national competent authority for the administration of Renminbi, responsible for the design, printing and distribution of Renminbi.