Why didn't ICBC's 588-day claim product be redeemed when it expired?

The reason why ICBC's 588-day debt products have not been redeemed may be: 1, redeemed to the upper limit of the day, and some wealth management products have redemption limits. If the upper limit has been reached that day, they can only apply for redemption tomorrow.

2. It has entered the settlement procedure, and most closed-end wealth management products are automatically redeemed at maturity. Investors do not need to redeem manually, and there is no redemption interface on the purchased software.

3. It is automatic rollover, that is, after the product expires, the investment principal will automatically enter the next financial cycle, and the principal cannot be withdrawn before the next financial cycle expires.

4. Default means that the subject selling wealth management products does not have so much money to pay investors. In this case, you can first look at what the other party says, what is the compensation plan, and investors can sue.