The past twelve months have not been great for China’s financial industry. The sharp plunge of China’s stock market, coupled with the $7.6 billion USD scandal by P2P lending platform Ezubao (e租宝), has chipped away at the zeal Chinese consumers once had for trading stocks and dabbling in online finance.

Still, Robinhood, a U.S fintech startup, believes that 2016 is the right year to enter China.

“China is a massive market where we know we can make a big impact,” Jack Randall, Robinhood’s Head of Communications, told TechNode. “There are many barriers to entry for Chinese citizens looking to access the US exchanges, and we are happy to lower them.”

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Eva Xiao

Eva Xiao is a tech reporter based in Shanghai. Contact her at eva.xiao@technode.com or evawxiao (wechat & twitter).