The Hong Kong stock market is weak, and it is clear that Wanjiu has become Wanqi in an instant, and there is a taste of continuing to search for the bottom. There is no choice but to develop into investments with high visibility.
Guarantee and enjoy a certain return
Recently, he turned into a fixed deposit KOL and opened the first fixed deposit in his life. The purpose is to have a certain rate of return in the case of capital preservation. Under the gradual rate hike by the Reserve Bank, Hong Kong finally raised the Prime Rate (P). Before that, the Interbank Offered Rate (H) has risen significantly, and the fixed deposit rate has also become attractive. For the bank I helped, the 3-month Hong Kong dollar time deposit rate was 2.9% in the middle of this month, and 3.2% for 6 months. Given the current turbulent market conditions, such returns are really attractive.
It is worth noting that, due to the unfinished interest rate hike cycle, the fixed deposit interest rate may rise once more. Therefore, when opening a term, it is best to undertake it for 3 months. When it expires, you may enjoy higher interest and increase flexibility. Kill two birds with one stone. Recently, I have also continued to look for more serious packages. If I find any, I will share it with you on the Facebook and YouTube programs, and do my part in the regular deposit of KOLs. Of course, if you have new information, you are also welcome to inbox for information and brainstorming.
Tang Niu
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