#借贷协议风险 Seeing Chairman Wu Qing's statement about "not engaging in business that cannot be clearly managed," I recalled several cases I have encountered over the years.

Products like lending agreements superficially promise attractive returns, but the question is — who is the counterparty? Where is the money flowing? How thick is the risk buffer? Many people are attracted by the numbers without verifying them one by one. This is exactly what regulators refer to as a typical case of being "unclear."

My own suggestion is that no matter how high the yield, it is not worth more than a clear asset allocation framework. Instead of chasing vague promises, it is better to focus on: first, understanding your own risk tolerance and the purpose of your funds; second, choosing products with sufficient information disclosure and compliance qualifications; third, controlling the position ratio of a single asset.

In the long run, stable compound interest often comes from not being unexpectedly hit at some point. A rigorous regulatory attitude is, to some extent, also laying the groundwork for the safety of our long-term assets.