Global financial firms target China market amid changing investment landscape
BEN Franklin Templeton Inc
$36.29 +1.17%
View chart & analysis → - 1Assets of 27 trillion dollars held by mainland Chinese individuals with bank deposits exceeding 125,000 dollars have been identified.
- 2The millionaire population in mainland China has surged from 1 million people 10 years ago to approximately 4 million people.
- 3Franklin Templeton signed a strategic partnership with China AMC based on its 1.8 trillion dollars in assets.
So what's the key point?
The number of wealthy people in mainland China has increased significantly. Franklin Templeton has partnered with China AMC to target this market.
Source CNBC · View original ↗
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