CCB's Quick Profit is a general money fund. Its investment targets include CCB Express and China China Fortune Jubao. The money fund invests its own funds in: central bank bills, short-term treasury bills, corporate bonds, commercial
Notes and bank certificates of deposit have different interest rates for each term, and therefore, the income from monetary funds is also different.
If the central bank raises interest rates, then the interest rates will increase, and if the central bank adopts a loose monetary policy, such as lowering the interest rates, then its yield will decrease. What is the difference between Yu'e Bao and CCB Suying?
Differences in platforms: CCB Suying belongs to the banking platform, and Yu’e Bao belongs to the Alipay platform; the operational convenience is different: CCB’s Suying can only be redeemed on one working day, and must be cashed out on the next day; Yu’e Bao is simple to operate, and the threshold
Low, low handling fee, can be withdrawn at any time, used at any time; the income is also different: CCB Express Profit is slightly higher; the transaction amount is different: Yu'e Bao has no limit on the transaction amount, and the minimum amount of Express Profit is 100 yuan.
In general, quick profits have higher returns and are suitable for large investments.
Yu’E Bao is more convenient and more suitable for investors who need high liquidity.