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What product is CITIC Ruyibao?

It is a monetary fund issued by banks.

Relevant information shows that Ruyibao A is a wealth management product jointly launched by China Minsheng Bank and fund companies, which is similar to the money fund of Yu 'ebao.

Moreover, it has the advantages of low investment threshold and unlimited subscription, with a maximum redemption of 5 million yuan per day, real-time withdrawal and compound interest every day.