People familiar with the matter revealed that the US asset management giant Vanguard (Vanguard) has decided to close the remaining business in China.The fund market that has noticed the global industry.

Bloomberg quoted people familiar with the matter and said that the pioneer pioneer of Malvin, Pennsylvania, USA, has notified the Chinese government to close its subsidiaries in Shanghai.

People familiar with the matter also said that Pioneer Pilot also plans to withdraw from the Ant Group's investment consulting company.

In response, Pioneer leading responded to the normal operation of Shanghai Affiliated Corporation and joint ventures, and Ant Group and the joint venture company said the same.None of these three parties commented.