The Chinese fintech giant's chief executive, Eric Jing, sets out his big idea ahead of an eagerly awaited IPO, tipped for next year.
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Chinese phone manufacturer Xiaomi aims to expand into equity index funds after launching its first mobile money market fund this week. It comes after several years of explosive growth in the sector, led by Alibaba.
A craze to digitise the lunar new year tradition of handing out lucky money in red envelopes is seen as a catalyst for internet and fund firms to link to savings schemes via social media.
