EconomyUBS to end fund sales on a China wealth platform amid intense competition

UBS plans to shut its fund-distribution business on one of its mainland China wealth-management platforms. UBS Fund Distribution (Shenzhen) will stop fund sales, including subscriptions and switches, at the end of September, while the bank says it remains committed to China and will continue investing.

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SSouth China Morning Post★★☆☆☆2026-09-10 08:12Original