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10:00 AM Weekly Broker Wrap: The rise of Robo advice, China’s growth U-turn, lockdown hits GDP, listed property feels lockdown impact -Robo advice could potentially be a $60bn market in Australia -China’s retreat from technology to trigger a shift back to manufacturing/consumption -Landlords with retail exposure have greatest exposure to lockdowns By Mark Story Robo advice on the march Rainmaker Information believes the rapid fall in investment adviser numbers, courtesy of the recent industry shakeout, has led to a corresponding rise in digitally delivered robo advice, which the researche...

China’s pilot free trade zones (FTZs) are to enjoy greater autonomy in making reforms, in light of their role in facilitating the country’s institutional innovation over the past eight years, since the first one was established in Shanghai. A key meeting on reforms has stressed efforts to deepen high-level institution-based opening-up, pledging reforms to build pilot FTZs into free trade parks with international influence and competitiveness. The 20th meeting of the central committee for deepening overall reform on Friday reviewed and approved a series of documents, including measures on ...