CNBC: Cliff Sheng on China's Tech-Savvy Millennials Fueling Interest in US Stocks
Mar 22, 2019
Oliver Wyman partner Cliff Sheng appeared on CNBC TV to discuss how online brokers are playing a role to support mobile/online trading of offshore securities across all Chinese investors, but especially with millennials.
Sheng said, “The younger and educated population is clearly the mainstream of online/mobile stock trading. However, we observe the 'less techy' population are quickly shifting away from traditional brokerage model to online/mobile ones."
To view the entire segment, please click here.