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ICBC launches robo-advisory service

  • Nov 15, 2017

The Chinese bank is all set to offer automated advice and product service using AI-driven wealth management engine

According to an article in the South China Morning Post, the Industrial and Commercial Bank of China (ICBC) has launched a robo-advisory service which will dish out investment advice to retail investors over its mobile banking platform.

For retail investors, the investment threshold for ICBC’s new service has been set at approximately USD 1,506, which is a fifth of traditional banking wealth management product limits.

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