Vanguard Hits Pause on Fund Ambitions in China

20
7
Favorite

Vanguard Hits Pause on Fund Ambitions in China

The Wall Street Journal2021-03-16

The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group American financial giant Vanguard Group has suspended plans to launch a mutual-fund ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（7）

Wryipqetuo
·2021-03-16
Pauseee
Reply
Like
Report
Fold Replies
- EvonneL:
  yup yup
  2021-03-16
  Reply
  Report
HonJen
·2021-03-16
interesting
Reply
Like
Report
TSLam
·2021-03-16
[流淚]
Reply
Like
Report
koonkoon
·2021-03-16
Omg
Reply
Like
Report
yenneth
·2021-03-16
wow
Reply
2
Report
kamy
·2021-03-16
Bad news
Reply
1
Report
Fold Replies
- 小熊家族:
  wow
  2021-03-16
  Reply
  Report
Karlok
·2021-03-16
Nice
Reply
1
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1152659068?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-16 10:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1152659068","market":"hk","top_or_hot":-1,"title":"Vanguard Hits Pause on Fund Ambitions in China","media":"The Wall Street Journal","content":"<div>\n<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund ...</p>\n\n<a href=\"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vanguard Hits Pause on Fund Ambitions in China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVanguard Hits Pause on Fund Ambitions in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund ...</p>\n\n<a href=\"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06688","symbol_name":"蚂蚁集团","start_time":0,"source_url":"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6","article_id":"1152659068","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1152659068","pubTimestamp":1615862855,"sourceInfo":null,"weMediaInfo":null,"summary":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with ","collect":0,"end_time":0,"defaultTopTitle":"wsj.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"06688":"蚂蚁集团","AVD":"美国先锋"},"translate_title":"先锋在中国的基金雄心遭遇停顿","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"688688":0.9,"06688":0.9,"AVD":0.9},"content_text":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.\nThe Malvern, Pa., firm told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The firm had been planning to seek Beijing’s approval for the business.\nThe $7.2 trillion asset manager has for years aimed to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets. But Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they expected, people familiar with the matter said.\nThe shift will result in a small number of jobs being eliminated.\nVanguard’s decision stands in contrast to other Wall Street firms, which are continuing a push to get Beijing’s approval to sell their own funds to Chinese consumers. Vanguard is betting that it can reach Chinese individuals another way.","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":325375992,"gmtCreate":1615870066616,"gmtModify":1704787725280,"author":{"id":"3554843666665701","authorId":"3554843666665701","name":"Wryipqetuo","avatar":"https://static.tigerbbs.com/3d7e355540fbe6cd2a446e3d745a2252","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3554843666665701","authorIdStr":"3554843666665701"},"htmlText":"Pauseee","listText":"Pauseee","text":"Pauseee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/325375992","repostId":1152659068,"repostType":4,"repost":{"id":"1152659068","kind":"news","pubTimestamp":1615862855,"share":"https://ttm.financial/m/news/1152659068?lang=&edition=fundamental","pubTime":"2021-03-16 10:47","market":"sh","language":"en","title":"Vanguard Hits Pause on Fund Ambitions in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1152659068","media":"The Wall Street Journal","summary":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with ","content":"<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group</p>\n<p>American financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.</p>\n<p>The&nbsp;Malvern, Pa., firm&nbsp;told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The&nbsp;firm had been planning to seek&nbsp;Beijing’s approval for the business.</p>\n<p>The $7.2 trillion asset manager has for years&nbsp;aimed&nbsp;to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets.&nbsp;But&nbsp;Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they&nbsp;expected, people familiar with the matter said.</p>\n<p>The shift will result in a small number of jobs being eliminated.</p>\n<p>Vanguard’s decision&nbsp;stands&nbsp;in contrast to other Wall Street firms, which&nbsp;are continuing a push to get Beijing’s approval&nbsp;to sell their own funds to Chinese&nbsp;consumers. Vanguard is betting that it can reach Chinese individuals another way.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vanguard Hits Pause on Fund Ambitions in China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVanguard Hits Pause on Fund Ambitions in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund ...</p>\n\n<a href=\"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06688":"蚂蚁集团","AVD":"美国先锋"},"source_url":"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152659068","content_text":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.\nThe Malvern, Pa., firm told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The firm had been planning to seek Beijing’s approval for the business.\nThe $7.2 trillion asset manager has for years aimed to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets. But Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they expected, people familiar with the matter said.\nThe shift will result in a small number of jobs being eliminated.\nVanguard’s decision stands in contrast to other Wall Street firms, which are continuing a push to get Beijing’s approval to sell their own funds to Chinese consumers. Vanguard is betting that it can reach Chinese individuals another way.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3805487,"gmtCreate":1615870273000,"gmtModify":1680780538411,"authorId":3575894200290768,"author":{"id":3575894200290768,"idStr":"3575894200290768","authorId":3575894200290768,"name":"EvonneL","avatar":"https://static.tigerbbs.com/cb53b45bdf200111cb5cfc9e7900c627","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":325375992,"type":1,"supId":0,"prevId":0,"content":"yup <u>yup</u>","text":"yup <u>yup</u>","html":"yup <u>yup</u>"}],"langContent":"EN"},{"id":325360293,"gmtCreate":1615865409112,"gmtModify":1704787658408,"author":{"id":"3574149699356461","authorId":"3574149699356461","name":"HonJen","avatar":"https://static.tigerbbs.com/ea0fa17936d778569c9aff592083b305","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574149699356461","authorIdStr":"3574149699356461"},"htmlText":"interesting","listText":"interesting","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325360293","repostId":1152659068,"repostType":4,"repost":{"id":"1152659068","kind":"news","pubTimestamp":1615862855,"share":"https://ttm.financial/m/news/1152659068?lang=&edition=fundamental","pubTime":"2021-03-16 10:47","market":"sh","language":"en","title":"Vanguard Hits Pause on Fund Ambitions in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1152659068","media":"The Wall Street Journal","summary":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with ","content":"<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group</p>\n<p>American financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.</p>\n<p>The&nbsp;Malvern, Pa., firm&nbsp;told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The&nbsp;firm had been planning to seek&nbsp;Beijing’s approval for the business.</p>\n<p>The $7.2 trillion asset manager has for years&nbsp;aimed&nbsp;to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets.&nbsp;But&nbsp;Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they&nbsp;expected, people familiar with the matter said.</p>\n<p>The shift will result in a small number of jobs being eliminated.</p>\n<p>Vanguard’s decision&nbsp;stands&nbsp;in contrast to other Wall Street firms, which&nbsp;are continuing a push to get Beijing’s approval&nbsp;to sell their own funds to Chinese&nbsp;consumers. Vanguard is betting that it can reach Chinese individuals another way.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vanguard Hits Pause on Fund Ambitions in China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVanguard Hits Pause on Fund Ambitions in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund ...</p>\n\n<a href=\"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06688":"蚂蚁集团","AVD":"美国先锋"},"source_url":"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152659068","content_text":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.\nThe Malvern, Pa., firm told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The firm had been planning to seek Beijing’s approval for the business.\nThe $7.2 trillion asset manager has for years aimed to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets. But Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they expected, people familiar with the matter said.\nThe shift will result in a small number of jobs being eliminated.\nVanguard’s decision stands in contrast to other Wall Street firms, which are continuing a push to get Beijing’s approval to sell their own funds to Chinese consumers. Vanguard is betting that it can reach Chinese individuals another way.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":325313722,"gmtCreate":1615863781366,"gmtModify":1704787632510,"author":{"id":"3577946325914139","authorId":"3577946325914139","name":"TSLam","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577946325914139","authorIdStr":"3577946325914139"},"htmlText":"[流淚]","listText":"[流淚]","text":"[流淚]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325313722","repostId":1152659068,"repostType":4,"repost":{"id":"1152659068","kind":"news","pubTimestamp":1615862855,"share":"https://ttm.financial/m/news/1152659068?lang=&edition=fundamental","pubTime":"2021-03-16 10:47","market":"sh","language":"en","title":"Vanguard Hits Pause on Fund Ambitions in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1152659068","media":"The Wall Street Journal","summary":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with ","content":"<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group</p>\n<p>American financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.</p>\n<p>The&nbsp;Malvern, Pa., firm&nbsp;told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The&nbsp;firm had been planning to seek&nbsp;Beijing’s approval for the business.</p>\n<p>The $7.2 trillion asset manager has for years&nbsp;aimed&nbsp;to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets.&nbsp;But&nbsp;Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they&nbsp;expected, people familiar with the matter said.</p>\n<p>The shift will result in a small number of jobs being eliminated.</p>\n<p>Vanguard’s decision&nbsp;stands&nbsp;in contrast to other Wall Street firms, which&nbsp;are continuing a push to get Beijing’s approval&nbsp;to sell their own funds to Chinese&nbsp;consumers. Vanguard is betting that it can reach Chinese individuals another way.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vanguard Hits Pause on Fund Ambitions in China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVanguard Hits Pause on Fund Ambitions in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund ...</p>\n\n<a href=\"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06688":"蚂蚁集团","AVD":"美国先锋"},"source_url":"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152659068","content_text":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.\nThe Malvern, Pa., firm told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The firm had been planning to seek Beijing’s approval for the business.\nThe $7.2 trillion asset manager has for years aimed to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets. But Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they expected, people familiar with the matter said.\nThe shift will result in a small number of jobs being eliminated.\nVanguard’s decision stands in contrast to other Wall Street firms, which are continuing a push to get Beijing’s approval to sell their own funds to Chinese consumers. Vanguard is betting that it can reach Chinese individuals another way.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":325319517,"gmtCreate":1615863640139,"gmtModify":1704787630724,"author":{"id":"3564546889826365","authorId":"3564546889826365","name":"koonkoon","avatar":"https://static.tigerbbs.com/5dcc75085d1205dc8567a05395bac661","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3564546889826365","authorIdStr":"3564546889826365"},"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325319517","repostId":1152659068,"repostType":4,"repost":{"id":"1152659068","kind":"news","pubTimestamp":1615862855,"share":"https://ttm.financial/m/news/1152659068?lang=&edition=fundamental","pubTime":"2021-03-16 10:47","market":"sh","language":"en","title":"Vanguard Hits Pause on Fund Ambitions in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1152659068","media":"The Wall Street Journal","summary":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with ","content":"<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group</p>\n<p>American financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.</p>\n<p>The&nbsp;Malvern, Pa., firm&nbsp;told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The&nbsp;firm had been planning to seek&nbsp;Beijing’s approval for the business.</p>\n<p>The $7.2 trillion asset manager has for years&nbsp;aimed&nbsp;to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets.&nbsp;But&nbsp;Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they&nbsp;expected, people familiar with the matter said.</p>\n<p>The shift will result in a small number of jobs being eliminated.</p>\n<p>Vanguard’s decision&nbsp;stands&nbsp;in contrast to other Wall Street firms, which&nbsp;are continuing a push to get Beijing’s approval&nbsp;to sell their own funds to Chinese&nbsp;consumers. Vanguard is betting that it can reach Chinese individuals another way.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vanguard Hits Pause on Fund Ambitions in China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVanguard Hits Pause on Fund Ambitions in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund ...</p>\n\n<a href=\"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06688":"蚂蚁集团","AVD":"美国先锋"},"source_url":"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152659068","content_text":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.\nThe Malvern, Pa., firm told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The firm had been planning to seek Beijing’s approval for the business.\nThe $7.2 trillion asset manager has for years aimed to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets. But Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they expected, people familiar with the matter said.\nThe shift will result in a small number of jobs being eliminated.\nVanguard’s decision stands in contrast to other Wall Street firms, which are continuing a push to get Beijing’s approval to sell their own funds to Chinese consumers. Vanguard is betting that it can reach Chinese individuals another way.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":325338478,"gmtCreate":1615863145994,"gmtModify":1704787621609,"author":{"id":"3572760551129845","authorId":"3572760551129845","name":"yenneth","avatar":"https://static.tigerbbs.com/a1ce71f105ccb805cb5a83d054f65d4a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572760551129845","authorIdStr":"3572760551129845"},"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325338478","repostId":1152659068,"repostType":4,"repost":{"id":"1152659068","kind":"news","pubTimestamp":1615862855,"share":"https://ttm.financial/m/news/1152659068?lang=&edition=fundamental","pubTime":"2021-03-16 10:47","market":"sh","language":"en","title":"Vanguard Hits Pause on Fund Ambitions in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1152659068","media":"The Wall Street Journal","summary":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with ","content":"<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group</p>\n<p>American financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.</p>\n<p>The&nbsp;Malvern, Pa., firm&nbsp;told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The&nbsp;firm had been planning to seek&nbsp;Beijing’s approval for the business.</p>\n<p>The $7.2 trillion asset manager has for years&nbsp;aimed&nbsp;to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets.&nbsp;But&nbsp;Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they&nbsp;expected, people familiar with the matter said.</p>\n<p>The shift will result in a small number of jobs being eliminated.</p>\n<p>Vanguard’s decision&nbsp;stands&nbsp;in contrast to other Wall Street firms, which&nbsp;are continuing a push to get Beijing’s approval&nbsp;to sell their own funds to Chinese&nbsp;consumers. Vanguard is betting that it can reach Chinese individuals another way.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vanguard Hits Pause on Fund Ambitions in China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVanguard Hits Pause on Fund Ambitions in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund ...</p>\n\n<a href=\"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06688":"蚂蚁集团","AVD":"美国先锋"},"source_url":"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152659068","content_text":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.\nThe Malvern, Pa., firm told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The firm had been planning to seek Beijing’s approval for the business.\nThe $7.2 trillion asset manager has for years aimed to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets. But Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they expected, people familiar with the matter said.\nThe shift will result in a small number of jobs being eliminated.\nVanguard’s decision stands in contrast to other Wall Street firms, which are continuing a push to get Beijing’s approval to sell their own funds to Chinese consumers. Vanguard is betting that it can reach Chinese individuals another way.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":325338258,"gmtCreate":1615863102774,"gmtModify":1704787621285,"author":{"id":"3559267712174688","authorId":"3559267712174688","name":"kamy","avatar":"https://static.tigerbbs.com/88a23e0929fe2bdeac54d613c0b7197d","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3559267712174688","authorIdStr":"3559267712174688"},"htmlText":"Bad news","listText":"Bad news","text":"Bad news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/325338258","repostId":1152659068,"repostType":4,"repost":{"id":"1152659068","kind":"news","pubTimestamp":1615862855,"share":"https://ttm.financial/m/news/1152659068?lang=&edition=fundamental","pubTime":"2021-03-16 10:47","market":"sh","language":"en","title":"Vanguard Hits Pause on Fund Ambitions in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1152659068","media":"The Wall Street Journal","summary":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with ","content":"<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group</p>\n<p>American financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.</p>\n<p>The&nbsp;Malvern, Pa., firm&nbsp;told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The&nbsp;firm had been planning to seek&nbsp;Beijing’s approval for the business.</p>\n<p>The $7.2 trillion asset manager has for years&nbsp;aimed&nbsp;to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets.&nbsp;But&nbsp;Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they&nbsp;expected, people familiar with the matter said.</p>\n<p>The shift will result in a small number of jobs being eliminated.</p>\n<p>Vanguard’s decision&nbsp;stands&nbsp;in contrast to other Wall Street firms, which&nbsp;are continuing a push to get Beijing’s approval&nbsp;to sell their own funds to Chinese&nbsp;consumers. Vanguard is betting that it can reach Chinese individuals another way.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vanguard Hits Pause on Fund Ambitions in China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVanguard Hits Pause on Fund Ambitions in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund ...</p>\n\n<a href=\"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06688":"蚂蚁集团","AVD":"美国先锋"},"source_url":"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152659068","content_text":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.\nThe Malvern, Pa., firm told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The firm had been planning to seek Beijing’s approval for the business.\nThe $7.2 trillion asset manager has for years aimed to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets. But Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they expected, people familiar with the matter said.\nThe shift will result in a small number of jobs being eliminated.\nVanguard’s decision stands in contrast to other Wall Street firms, which are continuing a push to get Beijing’s approval to sell their own funds to Chinese consumers. Vanguard is betting that it can reach Chinese individuals another way.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3804671,"gmtCreate":1615863180800,"gmtModify":1680780520628,"authorId":3559646996357772,"author":{"id":3559646996357772,"idStr":"3559646996357772","authorId":3559646996357772,"name":"小熊家族","avatar":"https://community-static.tradeup.com/news/3a5653b8f67e7f6deae6e1f8cef74bd0","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"60.49%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":325338258,"type":1,"supId":0,"prevId":0,"content":"wow","text":"wow","html":"wow"}],"langContent":"EN"},{"id":325333146,"gmtCreate":1615862904485,"gmtModify":1704787617880,"author":{"id":"3575076380849834","authorId":"3575076380849834","name":"Karlok","avatar":"https://static.tigerbbs.com/0f1696696cc5642431fc179f63d9df7a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575076380849834","authorIdStr":"3575076380849834"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325333146","repostId":1152659068,"repostType":4,"repost":{"id":"1152659068","kind":"news","pubTimestamp":1615862855,"share":"https://ttm.financial/m/news/1152659068?lang=&edition=fundamental","pubTime":"2021-03-16 10:47","market":"sh","language":"en","title":"Vanguard Hits Pause on Fund Ambitions in China","url":"https://stock-news.laohu8.com/highlight/detail?id=1152659068","media":"The Wall Street Journal","summary":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with ","content":"<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group</p>\n<p>American financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.</p>\n<p>The&nbsp;Malvern, Pa., firm&nbsp;told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The&nbsp;firm had been planning to seek&nbsp;Beijing’s approval for the business.</p>\n<p>The $7.2 trillion asset manager has for years&nbsp;aimed&nbsp;to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets.&nbsp;But&nbsp;Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they&nbsp;expected, people familiar with the matter said.</p>\n<p>The shift will result in a small number of jobs being eliminated.</p>\n<p>Vanguard’s decision&nbsp;stands&nbsp;in contrast to other Wall Street firms, which&nbsp;are continuing a push to get Beijing’s approval&nbsp;to sell their own funds to Chinese&nbsp;consumers. Vanguard is betting that it can reach Chinese individuals another way.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vanguard Hits Pause on Fund Ambitions in China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVanguard Hits Pause on Fund Ambitions in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-16 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund ...</p>\n\n<a href=\"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06688":"蚂蚁集团","AVD":"美国先锋"},"source_url":"https://www.wsj.com/articles/vanguard-hits-pause-on-fund-ambitions-in-china-11615857804?mod=hp_lead_pos6","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152659068","content_text":"The decision is part of the U.S. financial giant’s push to focus on dispensing advice in China with Ant Group\nAmerican financial giant Vanguard Group has suspended plans to launch a mutual-fund business in China.\nThe Malvern, Pa., firm told staffers in recent days that it was pausing months of preparations to sell its funds to Chinese consumers. The firm had been planning to seek Beijing’s approval for the business.\nThe $7.2 trillion asset manager has for years aimed to bring low-cost index funds to China, a radical idea in a country where investors prize funds that pick and choose investments to beat markets. But Vanguard executives have now decided that building a meaningful presence in China’s fund industry would take longer than they expected, people familiar with the matter said.\nThe shift will result in a small number of jobs being eliminated.\nVanguard’s decision stands in contrast to other Wall Street firms, which are continuing a push to get Beijing’s approval to sell their own funds to Chinese consumers. Vanguard is betting that it can reach Chinese individuals another way.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":20,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}