CICC Wealth Management continued to grow rapidly despite the extremely challenging market of the past year.
Digital transformation is a key long-term strategy for its wealth management business. Around 80% of its client base is now served by its digital platform, which has grown from 3.27 million users in 2019 to 6.7 million today. CICC has introduced new initiatives such as the ‘wealth planning management account’ and ‘proprietary fund selection tool’, to refine the one-stop user experience.
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