How safe is XHS?

Almost everything I’ve seen about XHS has been positive, but one TikToker made a video saying her banking info had been compromised (without her doing anything) with another user who allegedly has experience in dealing with banking fraud advising everyone to delete their accounts/change all their passwords. Also people keep linking it to the CCP. I obviously don’t believe all the propaganda about China but I also can’t fully understand the terms of service so I don’t know how safe it actually is—can anyone weigh in?