Is it safe for Chinese businessmen to increase profits with cash?
1 fund type: cash increase by Chinese businessmen belongs to monetary fund. Among all types of funds, money funds have the highest security. Compared with other wealth management products, the security of money funds is second only to bank deposits.
Money funds are highly secure because they invest in money market instruments, mainly including cash, call deposits, bank time deposits and certificates of deposit within one year (including one year), short-term financing bills, bonds, medium-term notes and asset-backed securities with a remaining maturity of less than 397 days (including 397 days), bond repurchase with a remaining maturity of less than one year (including one year) and the remaining maturity of less than one year (including one year).
2 Fund Company: Huashang Fund Management Co., Ltd. is an asset management institution approved by China Securities Regulatory Commission to provide professional financial services to customers. The shareholders of Huashang Fund mainly include Hualong Securities Co., Ltd., Shenzhen Wuzhou Concord Investment Co., Ltd. and Jigang Group Co., Ltd.