After Ping An Bank became the first listed Chinese lender to formally adopt rules governing its use of artificial intelligence, analysts said more mainland institutions were likely to follow, with the move setting an early benchmark for how far the sector can go in applying the technology.
The Shenzhen-listed bank said in a filing on Wednesday that its board had approved AI management measures, following a regulatory push for banks to strengthen oversight of AI use. The full rules have not been made public.
No other listed bank in mainland China had announced similar measures, according to comments Ping An Bank recently gave to domestic media outlets.
