Yes, among the wealth management products launched by ICBC, one product is called ICBC Credit Suisse Bank cash treasure. Simply put, ICBC Credit Suisse Cash Pass is a fast and flexible cash account, and its expectation and income far exceed the bank demand deposit. Its use and financial risk rating are similar to Alipay's Yu 'ebao, which is relatively safe and almost risk-free. ICBC's new balance wealth management product is called "ICBC Credit Suisse Bank cash treasure". On the surface, it is a product whose expectation and income far exceed the bank demand deposit, and at the same time, it has a fast and flexible cash account for withdrawing funds. In fact, all the money in cash treasure's account is used to buy the money fund of ICBC Credit Suisse, and then manage the money.

This method is similar to Alipay. This product has a low risk level and belongs to a very low risk product. The expected income is calculated on a daily basis, and users can do whatever they want without any handling fee. Specifically, the fund type purchased by ICBC Balance Wealth Management is money market fund, which is a relatively low-risk fund product among all securities investment funds in the market at present.

Under normal circumstances, its risk and expected expected return will be lower than that of ordinary bond funds, as well as hybrid funds and equity funds. ICBC's balance is guaranteed by financial management, and the expected income is less affected by risk factors; Even if the product does not break the capital, the principal and expected expected income are less affected by risk factors and have high liquidity. ICBC's cash currency mainly invests in financial products, including cash, call deposits, bank time deposits within one year (including one year) and large deposit certificates, with good liquidity and low risk, and the expected income is competitive with bank time deposits.

2. ICBC can buy wealth management products in the following ways: it can buy bond funds, but there are certain risks. You need to keep an eye on the news and current events in this area. The advantage of purchasing Tong Ling Express series products lies in higher income than current storage and real-time receipt. Money fund, due to the hot market and great liquidity, will reduce its income when it enters the interest rate reduction cycle; Bank time deposit is a good choice, giving consideration to safety, liquidity and profitability;