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What does it mean that China Bank's wealth management products are not open for active redemption?
Closed active redemption means that the trading rule of wealth management products is maturity redemption, and investors cannot apply for early redemption before the product expires.

Regular wealth management products that are not open to active redemption have higher yield than those that support early redemption, but the flexibility of funds is low. If you buy a wealth management product that is not open for active redemption, you must ensure that there is no redemption demand for the invested funds within the product term, otherwise it will bring unnecessary trouble to yourself.

Extended data service object:

"BOC Wealth Management" brand serves customers who meet one of the following conditions:

The total financial assets of Chinese banks (including wealth management products, deposits, bonds, funds, insurance, paper gold and other products) reached 500,000 yuan;

Individual customers who have handled individual housing loan contracts with an amount of 6,543,800 yuan in China Bank;

Individual customers who spend 6.5438+0.5 million yuan on bank cards (excluding one-time large-scale credit card spending such as house purchase, car purchase and decoration);

China Bank's banking securities business customers and BOC International Securities Co., Ltd.' s securities customers with an average market value of more than 6,543,800 yuan at the end of the quarter.

Baidu encyclopedia-BOC wealth management