Noah Holdings Ltd. ... A new wave of smartphone apps are giving Chinese investors access to the US equity market. Photograph: Previously, Chinese investors could not invest overseas without overcoming language barriers and a quagmire or rules, however, apps such as JimuStocks, Tiger Broker and Niuniu give investors easy access to US equity markets after a registration process that only takes a few minutes. According to Boston Consulting Group, a reservoir of personal investable assets from China is set to grow to ¥196tn ($31tn) by the end of 2020 is at stake.
A new wave of smartphone apps are giving Chinese investors access to the US equity market. Photograph: Previously, Chinese investors could not invest overseas without overcoming language barriers and a quagmire or rules, however, apps such as JimuStocks, Tiger Broker and Niuniu give investors easy access to US equity markets after a registration process that only takes a few minutes. According to Boston Consulting Group, a reservoir of personal investable assets from China is set to grow to ¥196tn ($31tn) by the end of 2020 is at stake.