China Launches AI Model to Predict Stock Market Weather Impact
China introduces Shangji AI, analyzing weather’s effect on stocks to aid investors and industries in climate risk management. #AI #Finance
Financial Innovation
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China’s Digital Yuan Now Earns Interest in Major Financial Upgrade
China’s digital yuan now accrues interest, marking a significant shift in its role as both a payment tool and financial asset, central bank announces.
Hainan’s Financial Innovation Fuels Global Trade Ambitions
Hainan’s cross-border capital centers drive global trade efficiency, positioning the island as a hub for financial innovation and RMB internationalization in 2025.
Macao’s Financial Regulator Drives Innovation and Strengthens Ties with Chinese Mainland
Henrietta Lau of the Monetary Authority of Macao highlights how financial innovations like mobile payments benefit merchants and tourists, and outlines plans to strengthen ties with the Chinese mainland.
Hong Kong Unveils Responsible AI Policy to Boost Fintech Growth
Hong Kong unveils a new policy on responsible AI in finance, aiming to boost fintech development while managing risks. Key initiatives include asset tokenization and cross-border partnerships.
ANZ Executive Highlights Lessons from China’s Payment Systems for Global Markets
At Sibos 2024, ANZ Bank’s Hariram Janakiraman highlighted how China’s advanced payment systems offer valuable lessons for global markets, emphasizing the benefits of embedded payments and open banking.
China’s Central Bank Leads Symposium on Advancing Green Financial Services
China’s central bank and key regulators held a symposium to advance green financial services, emphasizing collaboration and innovation to support environmental initiatives and sustainable development.
China’s Financial Innovation Sparks Global Investor Optimism
China’s ongoing financial reforms and innovative measures are boosting global investor confidence, offering vast opportunities amid market uncertainties.
Global Financial Leaders Gather at 2023 Financial Street Forum in Beijing
The 2023 Financial Street Forum has begun in Beijing, gathering over 400 global financial leaders to discuss financial reform, openness, and innovation. The event aims to enhance global economic and financial resilience.