I was shocked when I saw this news. Even 4% wealth management products are about to default. Damn, speaking of defaults, it reminds me of Zhongzhi from a couple of years ago. I remember the annualized yield was around 10% back then. Now I’ve put a lot of money into 1.5% R1 wealth management products at the big four banks. These can’t default, right? They’re all cash-type products.
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I was shocked when I saw this news. Even 4% wealth management products are about to default. Damn, speaking of defaults, it reminds me of Zhongzhi from a couple of years ago. I remember the annualized yield was around 10% back then. Now I’ve put a lot of money into 1.5% R1 wealth management products at the big four banks. These can’t default, right? They’re all cash-type products.