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Rise of the machines: Chinese investors flock to robo-advisors

Written by TechBug

Tired of spending hours at her Beijing bank discussing her finances and a myriad of investment options with her account manager, Lauren Ma turned to Lingji, a phone app that pre-selects a range of assets and trades for her automatically.

Ma recently topped up her initial June investment of 100,000 yuan ($15,000) with a further 200,000 yuan, encouraged by the convenience and healthy returns.

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