Can a wealth management product be cancelled during the subscription period?

Updated on Financial 2024-03-05
8 answers
  1. Anonymous users2024-02-06

    The subscription period is also the time when the wealth management product is issued. During this time, the investor's principal is generally calculated based on current interest. Generally speaking, if you have purchased a wealth management product, you cannot cancel the order during the subscription period.

    If investors with uncertain investment periods should pay special attention to the description of the condition of whether the subscription period can be cancelled. Since the wealth management product has a certain issuance scale, if the fundraising quota is reached in advance during the offering period, the issuance of the product will be terminated. Therefore, there will be a situation in the market, the investment direction is stable, and the wealth management products with higher expected yields will often be killed, and the products may be sold out in the first 1-2 days after they are issued.

    Therefore, investors should weigh the financial situation.

    Extended information: Whether the order can be cancelled after the successful entrustment of wealth management products is divided into the following situations:

    Newly issued wealth management products can be cancelled before 17:00 on the last day of the subscription period (subject to the subscription deadline of each product);

    Recirculating products can be cancelled before 22:30 on the day of purchase, such as;

    Ririying, Ririjin, Chaozhaojin, and Saibaojin series wealth management can be redeemed before 15:30 on the day of purchase;

    Weekly (8191) can cancel the order before 17:00 on the purchase day (only open on Tuesdays, postponed accordingly in case of holidays);

    Tiantianjin (8192) can cancel the order before 17:00 on the purchase date.

    Tips: There is no charge for canceling the order before the establishment of the wealth management product, and the funds are transferred to the current account in real time, please refer to the latest announcement of the bank, you can Lenovo computer V14 10th generation Core Windows10 system, search the official website of China Merchants Bank, log in to the public version of online banking Professional Edition, click on the horizontal menu "Investment Management" - "Entrusted Wealth Management" - "Entrusted Wealth Management Homepage", and then click "Current Entrustment", click "Cancel Order" before the product you need to cancel the order, and operate according to the prompts.

    Basically, wealth management products are risky, unless the contract is indicated in this agreement is a principal-guaranteed product, there is no risk of loss of principal, the specific degree of risk depends on the scope of the investment target of the product, and the investment needs to be cautious.

  2. Anonymous users2024-02-05

    Whether the order can be cancelled after the successful entrustment of wealth management products is divided into the following situations:

    Newly issued wealth management products can be cancelled before 17:00 on the last day of the subscription period (subject to the subscription deadline of each product);

    Recirculating products can be cancelled before 22:30 on the day of purchase, such as;

    Ririying, Ririjin, Chaozhaojin, and Saibaojin series wealth management can be redeemed before 15:30 on the day of purchase;

    Weekly (8191) can cancel the order before 17:00 on the purchase day (only open on Tuesdays, postponed accordingly in case of holidays);

    Tiantianjin (8192) can cancel the order before 17:00 on the purchase date.

    Tips: There is no charge for canceling orders before the establishment of wealth management products, and the funds are transferred to current accounts in real time, please refer to the latest announcement of our bank for details, you can log in to the professional version of online banking, click on the horizontal menu "Investment Management" - "Entrusted Wealth Management" - "Entrusted Wealth Management Homepage", and then click "Current Entrustment", click "Cancel Order" before the product you need to cancel the order, and operate according to the prompts.

  3. Anonymous users2024-02-04

    Hello, subscription is the purchase behavior when the product is in the fundraising period and has not yet been established.

    Cancellation is the withdrawal of unfilled orders, orders, and other contractual agreements. That is to say, during the normal trading period, investors can withdraw their application for same-day trading business before the end of the trading hours on the day of application.

    Redemption refers to the act of the holder giving the shares held by the holder to the manager to get back the funds. Valid redemption applications submitted by holders before 15 p.m. on the trading days of the Shanghai Exchange and the Shenzhen Exchange (9 a.m. - 15 p.m.) will be confirmed on the basis of the net value calculated on the same day according to the principle of unknown price, and the application submitted on or after 15 o'clock will usually be confirmed by the net value calculated on the next open day.

  4. Anonymous users2024-02-03

    Subscription is the purchase of a product when it is not yet established during the offering period. Subscription is a purchase that is in operation at the end of the fundraising. Redemption is the act of selling. Cancellation is an act of reversal after an order has been placed and has not yet been validated.

  5. Anonymous users2024-02-02

    Subscription means the act of buying during the initial offering period. Subscription means to buy the issued and running **, ** is to accompany it. Redemption means to sell the ** in Qi Zuo's hand into cash.

    Cancellation means that the unfilled order is withdrawn, and the purchase **, **, the order is not filled or accepted, and it can be withdrawn.

    ** Redemption is selling. Listed closed**, the selling method is the same as the general**. Open-ended ** is to apply for all or part of the ** held by you to sell to ** company for redemption price.

    The redemption proceeds are the number of units sold** multiplied by the net value on the day of sale.

  6. Anonymous users2024-02-01

    1. The subscription application that has been formally accepted by the investor during the share offering period shall not be revoked. For the subscription application submitted during the ** business processing time of the day, investors can submit a cancellation application before 15:00 on the same day to be revoked; 15:

    After 00, the application cannot be withdrawn.

    2. Specific order cancellation operations:

    1) Log in online, log in to **Online Trading, select Cancel Order in the **Transaction column, and select the transaction application you wish to cancel. Click the Cancel Order button when prompted.

    2) Reconfirm the cancellation request.

    3) If the words "this transaction is cancelled" are displayed, it means that the order cancellation is completed.

  7. Anonymous users2024-01-31

    According to the current ** subscription regulations, once the subscription application is accepted, the order cannot be cancelled, so as to protect the smooth establishment of **, otherwise everyone will cancel the order, so this ** is still used to be established, so please consider it carefully before subscribing.

    However, before the subscription application is accepted.

    It is still possible to cancel the order.

    Subscribe on the day. Reception will be accepted after 3 p.m.

    So please cancel the order before 3 o'clock.

    If subscribed on a holiday.

    It will be accepted on the next trading day.

    So please cancel your order before you do.

  8. Anonymous users2024-01-30

    Hello, under normal circumstances, the OTC ** subscription day trading hours can be cancelled in the hall, the specific provisions of the ** company shall prevail.

    Tips: If you subscribe on the market, whether you can cancel the order is related to factors such as the type of order and whether the company has been confirmed, it is recommended that you call customer service to call 95575 for specific consultation and confirmation.

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