Young investors take a shine to online products
By Ren Xiaojin | China Daily | Updated: 2017-03-27 06:46
Wealth management and quick returns assume significance in digital-age financial services
The online wealth management products are growing in appeal for younger retail investors, filling a gap in financial services created by the inadequacy of traditional banks and stock markets in certain respects, experts said.
According to a report on wealth management products and demographics by 51 Credit, a fintech company, people aged between 21 and 30 account for over half of its 70 million users.
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