Bairong Inc.: Digitalization of Wealth Management Is Imperative for Banks – QNT Press Release

Insights from Chen LiyuSVP of Bairong Inc. on Banks to Moving from An MAU-Driven to an AUM-Driven Approach of Digitalization

BEIJING, Aug. 15, 2022 /PRNewswire/ — Bairong Inc. (“Bairong” or “the Company”, 6608.HK), a leading independent AI-powered technology platform in Chinacalled on banks in China to speed up the digitalization of their wealth management businesses to meet the growing demand from the burgeoning middle-class families.

It is expected that the total assets of personal wealth management in China will increase by 10% annually from 2021 to 2025, according to a study published by McKinsey.

“With the fast…

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