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China Tech Digest: Alibaba Establishes Artificial Intelligence Governance Laboratory; JD.com Releases - Vimarsana News

China Tech Digest: Alibaba Establishes Artificial Intelligence Governance Laboratory; JD.com Releases

Total0 Alibaba establishes Artificial Intelligence Governance Laboratory Today, Alibaba announced the establishment of Alibaba Artificial Intelligence Governance Laboratory (AAIG). The laboratory will focus on sustainable, reliable, credible, and usable artificial intelligence technologies and applications, by building a trust mechanism for the digital economy, punishing behaviors that endanger the interests of businesses and users, protecting and encouraging innovation, and promoting the healthy development of the platform economy. JD.com releases intelligent research and analysis terminal "...

Sino Malls support Government's consumption voucher scheme by giving out over HK$20 million in rewards and exciting experiences, Business News - Vimarsana News

Sino Malls support Government's consumption voucher scheme by giving out over HK$20 million in rewards and exciting experiences, Business News

May 27, 2021 Partnership with AlipayHK on exclusive consumption voucher promotions Collaboration with livi bank from July on 210 x HK$5000 in cash rebate   HONG KONG SAR - Media OutReach - 27 May 2021 - In support of the Government's electronic consumption voucher scheme, major Sino Malls including tmtplaza, Olympian City and Citywalk are putting forward a series of promotions to give out over HK$20 million in rewards. Furthermore, Sino Group is presenting various exciting experiences featuring innovative technology with the aim of rewarding the public for their support, helping mall ten...

China's JD Logistics Set to Raise $3.2 Billion in Hong Kong IPO - Vimarsana News

China's JD Logistics Set to Raise $3.2 Billion in Hong Kong IPO

The company will issue 609.2 million shares. At 40.36 Hong Kong dollars each, the company would raise 24.6 billion Hong Kong dollars ($3.2 billion). The pricing is subject to confirmation, said the person, who did not wish to be identified as they were not authorized to speak publicly. JD declined to comment when contacted by CNBC. However, JD withdrew its planned listing of its financial technology arm, JD Technology, from the Nasdaq-style STAR market in Shanghai last month. JD has been investing in its logistics as a way to differentiate in China's cut-throat e-commerce market. The company ...

Source: nbcdfw.com
Rolling up the sleeves: China's tech giants drive digital yuan adoption - Vimarsana News

Rolling up the sleeves: China's tech giants drive digital yuan adoption

CBDC tests are proceeding toward deployment, as Chinese internet, fintech and e-commerce giants are leading the digital yuan vanguard.

China markets round-up: D-Sibs face higher capital requirements, foreign holding of interbank bonds drops, JD Digits to set up financial holdco - Vimarsana News

China markets round-up: D-Sibs face higher capital requirements, foreign holding of interbank bonds drops, JD Digits to set up financial holdco

By Addison Gong 10.00 AM In this round-up, Beijing plans to beef up capital requirements for domestic systemically important banks, foreign investors reduce their investment in domestic Chinese bonds in March, and JD.com’s technology unit is reportedly planning to set up a financial holding company. The People’s Bank of China (PBoC) and the China Banking and Insurance Regulatory Commission (CBIRC) published draft regulations at the end of last week, asking domestic systemically important banks (D-Sibs) to comply with additional capital requirements. The regulators finalised the D-Sibs fr...