China Construction Bank has opened a Shanghai branch staffed by robots and packed with facial recognition, artificial intelligence and virtual reality technology. According to the South China Morning Post, the first time customers visit the branch they ... ( read original story ...)
Amid market decline, foreign investors chase China stocks and mainland traders sell Hong Kong shares
The Shanghai Composite Index is down by 12 per cent from ... climbed by 36 per cent in 2017 as mainland traders ploughed funds through the stock connect schemes amid the market’s lower valuation. Most of the selling by mainland investors seems to be ... ( read original story ...)
Global debt now worse than before financial crisis, says IMF
Share on Facebook Share on Twitter Share via Email View more sharing options Share on LinkedIn Share on Pinterest Share on Google+ Share on WhatsApp Share on Messenger Close The financial district of Shanghai. China is responsible for much of the increase ... ( read original story ...)
China’s stock market is looking more than a little crook
The once high-flying Shanghai Composite, China’s benchmark stock market index, is looking more than a little ill at present. Here’s the chart. Shanghai Composite Daily Chart It’s one ugly looking chart, with the index breaking below its February low ... ( read original story ...)
ObEN Debuts World’s First Personal AI Art Concierge at Shanghai K11
ObEN Inc., the artificial intelligence (AI) company that is building a decentralized AI platform for intelligent avatars, today announced the premiere of the first-ever Personal AI (PAI) art docent experience at the museum-retail space Shanghai K11 Art Mall. ( read original story ...)
China bank goes staffless at a branch; robots replace tellers
At mid-morning on a busy street in central Shanghai, Liang Min, a salesman, has entered a branch of the China Construction Bank (CCB) to withdraw money. “I need 20,000 yuan,” he says. He is talking not to a teller but ‘Xiao Long’ (little dragon), a ... ( read original story ...)
China Offers a Financial Industry Exam in English
Industry exams in English are the latest example of China’s financial opening up ... a senior associate at Shanghai-based consulting firm Z-Ben Advisors, said in an email. “This offers more opportunity for foreign managers to transfer key senior ... ( read original story ...)