Liquidity Risk Liquidity risk: due to market factors, the participants mostly willingness to buy the seller or very low, caused by the subject matter of venture capital can not be sold. Because market factors, participants are mostly very low willingness to buy or seller who is unable to sell the investment and the risk of the subject matter, mainly due to the secondary bond market is underdeveloped, but also because Chinese people rush to invest like a relationship, market interest rates it is easy to get into all the way down, resulting in high prices, there is no line of the city, when market interest rates rise, comprehensive and easy to kill low, resulting in cash is not easy, so there is liquidity risk.