2021.03 CGTN:Chinese millennials are on a mutual fund buying spree
Investing in mutual funds was never a priority for millennials in China. After all, they were known for being the "moonlight clan," people who empty their wallets every month in pursuit of living in the moment. But millennials are more capable of handling the losses, since many are the only child in their family, they have access to more accumulated capital, said analyst of iiMedia Research.