Zhongan Bank reported that 80% of fund users made profits, earning a cumulative total of more than HK $40 million; 60% of users held money funds, with an average position of HK $170000; and high-asset users preferred fund investment.
On May 13, ZABank, a virtual bank, released a report showing that 80% of its fund users made a profit, with a cumulative income of more than HK $40 million. The report also points out that 60% of users invest in money funds, with an average position of more than HK $170000.
In addition, the report reveals that more than 30%HttpslevvvelcomcoinmasterfreespinscoinsThirty-five percent of fund users received dividends, with a cumulative dividend of more than HK $7 million. At the same time, users with higher asset quotas are more likely to invest in funds, of which those with assets of more than HK $5 million account for 22% of the fund's investments, 41 times the number of users with assets of less than HK $10, 000.
Since ZABank launched its fund investment service in August 2022, it has partnered with Allianz Investment, Invesco and JPMorgan Asset Management to provide more than 120 fund products. The bank's total retail user fund assets grew eightfold last year. In February, ZABank officially launched its US stock trading service, offering more than 6000 US stocks and 3000 ETF.
