XFMedia, a leading media group in China, launched
the Investor Journal this week, targeting the large and growing Chinese retail investor market.
The Chinese language newspaper, modeled on weekly financial publications like
Barrons, is aimed at the top end of China's 96 million active brokerage accounts, those with over one million RMB in liquid assets, reports
Asia Media Journal.
The paper has a staff of 60, including 12 financial analysts, and is distributed nationally. Its editors intend to fill an identified gap in the financial reporting market.
"Currently, we believe there is no newspaper in China which delivers to investors truly trustworthy financial market information emphasizing in-depth analysis, reliable data combined with an international perspective," said
Zhao Li, chief editor of
Investor Journal.
Sources:
Asia Media Journal through IFRA Executive News Service,
Marketing-Interactive (picture)