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China comes top for internet-savvy investors

Mutual fund shoppers in China increasingly depend on websites for information on investments, a new poll shows. But investors in Asia appear to be using more traditional information, such as friends' advice.
China comes top for internet-savvy investors
Online is king when it comes to mutual fund sales in China, with buyers most likely to rely on websites for their source of investment information, according to a survey. That stands in contrast to other parts of Asia, where more traditional sources of information are more likely to provide guidance to retail investors. In a survey of about 4,000 retail investors by research house Cerulli Associates across four markets (Hong Kong, Taiwan, China, and Singapore), respondents were …
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