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Ant-Vanguard deal shows potential of China digital sales

Richard Newell
Online sales of funds in China are disrupting the dominance of commercial bank distribution but the latest tie-up between two giant firms has limited scope, say some analysts.
Ant-Vanguard deal shows potential of China digital sales

While no foreign fund management group can claim to have found the most successful formula for fund distribution in China, the growth of sales through online platforms is changing the nature of fund product buying in the country.

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