A new platform targeting mass-affluent individual and institutional investors from China launched today.
MarketX provides Chinese investors with access to alternative American investments ranging from pre-IPO shares in hot tech startups, theme-driven portfolios, real estate investments and high-yield income products.
The company is targeted the Chinese middle class, which McKinsey & Co. projects to be 76 per cent of urban populations by 2022, after being just four per cent in 2000. More than four in five want to globally diversify and hold ten per cent of their wealth outside China.
Image: Cathryn Chen - http://www.banklesstimes.com
