As mentioned on the first floor of convertible bonds, when you buy the bonds of a certain company, Ah Xing, the contract stipulates that you can convert the bonds into shares of that company at a certain time.

Basically every bank has money funds, some are issued by themselves, and some are sold on behalf of certain securities companies. The income of money funds currently on the market is not very high, and the annualized rate of return is basically similar to that of a one-year time deposit.

But its advantage is that it can be redeemed at any time, and the interest rate is calculated based on the interest rate on the day of redemption rather than the bank's regular demand calculation if it is not due.