Wealth Management, Parents, E-Sales Are Chinese Post-90s' Top Income Sources(Yicai Global) Dec. 30 -- The three main sources of income for post-90s are wealth management, parental largesse and Weishang, which allows users to sell goods and services to their WeChat contacts, China's Post-90s Financial Management and Consumption Report released today by tech titan Tencent Holding's wealth management platform Licaitong shows.
Most post-90s reaped favorable returns from wealth management and those from Beijing, Shanghai, Shenzhen and Chongqing had the highest returns this year, per the report.
Licaitong has 150 million users and has managed over CNY800 billion in capital, it also announced. The post-90s generation has surpassed the 70s and 80s to become its largest user group at 38 percent, it added.
Editor: Ben Armour
