The bank's wealth management product has commenced a redemption period of "T+0.5".

Since the beginning of this year, several wealth management companies have successively upgraded their product redemption services, accelerating the implementation of the "T+0.5" model. Institutions such as ICBC Wealth Management, Guangfa Wealth Management, Ping An Wealth Management, Everbright Wealth Management, CCB Wealth Management, and BOC Wealth Management have successively launched related services, reducing the time for funds to be redeemed to the next day morning instead of the traditional "T+1" trading day afternoon. Some institutions have further specified the time of arrival, with Guangfa Wealth Management being the fastest at 9 o'clock on the second trading day, and Ping An Wealth Management's products can be redeemed as early as before 8 o'clock. Industry insiders believe that this service upgrade is not only an active adjustment for the wealth management industry to deal with fluctuations in scale but also poses higher requirements for institutional liquidity management and compliance operations, reflecting both opportunities and concerns during the industry's transformation period.