Haifutong Fund launched the fast redemption business of online direct money fund, and both Haifutong Currency A and Haifutong Currency B under the fund company can be redeemed on the same day. According to the announcement, holders of Haifutong Monetary Fund apply for quick redemption of their monetary fund shares through the company's online direct selling platform during business hours, and agree to transfer the quick redemption share agreement to the company, and the company will advance the money corresponding to the quick redemption share to investors in real time. After the share transfer is confirmed, the company will start the normal redemption, and the redemption money will be used to return the advance payment of the company. That is to say, in fact, the share is sold to Haifutong Company first, then Haifutong puts the money into the customer's account, and then returns the money to the fund company when it is officially redeemed two days later.

In this way, to some extent, the liquidity of money funds can be compared with demand deposits. In addition to Haifutong Fund, more than ten fund companies, such as Nanfang, Huitianfu, ICBC Credit Suisse, E Fund, Guangfa, Galaxy, Minsheng Plus Bank, etc., have already launched this business and can realize T+0 redemption.