Tracy Li

Business Reporter
Company

China's banks see profits grow faster in H1, PwC says

Banks, however, need to continue to rein in risks in asset quality, PwC's report warns.
Company

Online term life insurance grows explosively due to protection element

The regulator's easing of restrictions on the  booming Internet insurance business is cited as a factor for the explosive growth, industry insiders say.  
Company

Insurers resorting to use of big data and AI

Insurance firms adopting this path to mitigate growing risks to their operations from factors like anti-selection and insufficient information on policyholders.
Event

Shanghai to develop AI technologies and applications as a "strategic choice"

The city sees data R&D as vitally important and will boost the applications of AI in manufacturing, finance and pharmaceuticals, Vice Mayor Zhou Bo says at WAIC. 
Finance

China's non-bank consumer lenders face challenges on tightened regulations: Fitch

The rating agency, however, is positive over the tighter scrutiny in the long term as the measures will raise entry barriers and help curb malpractices.
Event

Banks to offer customized services for November's import expo

Chinese and foreign banks are ready to provide tailor-made financial products and services for exhibitors and buyers at China International Import Expo held in Shanghai.
Finance

PBOC to lift liquidity and keep rates flat

Nomura predicts that China's central bank will significantly increase its supply of liquidity over the next few months and will quite likely leave rates unchanged in September.
Company

Asia sees more women in management but employers yet to achieve broader diversity

Many companies in Asia need to embrace a broader diversity and inclusion as part of corporate culture, recruiting firm Hays says in latest report.
Company

SPDB helps Chinese companies going abroad

The Shanghai Pudong Development Bank said it will further its efforts in supporting the real economy and offer diversified products and services for its enterprise clients. 
Company

Tencent's asset management arm aims to enhance kids' financial literacy

Licaitong is encouraging Chinese children to play immersive games related to financial matters to help them know more about wealth management.
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