Walk away the moment you see “high returns”, “guaranteed returns”, or “sure profits”
Regulatory authorities themselves state that any return above 6% should raise doubts, anything over 8% is highly risky, and returns exceeding 10% mean you should expect to lose all your principal. Legitimate financial products are no longer allowed to guarantee returns or principal safety. Any losses incurred from participating in illegal fundraising are your own responsibility per regulations — no one will compensate you if things go wrong.
Nothing to pay. Just pause for a moment when you encounter…
The former chairperson of the China Banking and Insurance Regulatory Commission stated at the Lujiazui Forum i…
Nothing to pay. Just pause for a moment when you encounter these phrases.
The former chairperson of the China Banking and Insurance Regulatory Commission stated at the Lujiazui Forum in 2018: “Any return exceeding 6% should raise doubts, anything over 8% is very risky, and returns above 10% mean you should prepare to lose all your principal.” New asset management regulations require financial institutions to “not make any guarantees regarding principal safety or returns”, and also stipulate that “when facing difficulties in fulfilling payment obligations, financial institutions must not provide any form of financial support to settle such obligations”. Hence, legitimate financial products no longer offer any principal protection. Losses from illegal fundraising are borne entirely by participants, with no third party obligated to compensate you in case of issues (China, 2018, 2021).
郭树清 (2018). 防范化解金融风险 奋力跨越重大关口（第十届陆家嘴论坛讲话，国家金融监督管理总局官网）：「在打击非法集资过程中，努力通过多种方式让人民群众认识到，高收益意味着高风险，收益率超过6%的就要打问号，超过8%的就很危险，10%以上就要准备损失全部本金」. https://www.nfra.gov.cn/cn/view/pages/ItemDetail.html?docId=182418；天津市地方金融管理局转载. https://jrgz.tj.gov.cn/ztlm/ztzl/jrjfwphjr/202006/t20200625_2744709.html；中国人民银行等 (2018). 关于规范金融机构资产管理业务的指导意见（银发〔2018〕106 号，第二条、第六条）. https://www.gov.cn/gongbao/content/2018/content_5323101.htm；国务院 (2021). 防范和处置非法集资条例（国务院令第 737 号，第二十五条）. https://www.gov.cn/gongbao/content/2021/content_5588815.htm
Open source link6%, 8%, and 10% are three lines drawn by regulators based on experience, not legal provisions. The original words were spoken in the context of cracking down on illegal fundraising, specifically targeting investment products and companies that promise high returns. This does not constitute investment advice.