China: An Equity Strategist’s Diary (H/A): Weekly wrap (22-26 Jun): De-risking and rotations amid cooling AI momentum

Research evidence excerpt

China: An Equity Strategist’s Diary (H/A): Weekly wrap (22-26 Jun): De-risking and rotations amid cooling AI momentum

(People.cn)

Employment: PBOC calls for more financial support for women’s employment,

with safeguards against AI gender bias

• According to PBOC, NFRA and All-China Women's Federation (ACWF) on Jun 23

• Regulators to boost financial support for women’s employment by expanding

credit, insurance coverage and financing channels for female entrepreneurs

• The policy, for the first time, explicitly urges the prudent adoption of AI models

in financial sector while preventing gender bias in algorithms to ensure

technology empowers financial services without introducing bias.

(21st Century Business Herald)

A-shares: SSE launches its “value-up 2.0” initiative to boost listcos’ operating

efficiency and shareholder returns

• By SSE on Jun 23

• The 2.0 initiative requires companies to select at least two core financial

indicators that reflect profitability or operational quality, conduct quantitative

assessment of current performance, and propose actionable targets and

measures

• The initiative also emphasizes improvements in corporate governance,

information disclosure, investor returns, and social responsibility

• Background: ~80% of SSE-listed companies have participated and disclosed

action plans under the 1.0 initiative launched in 2024.

(SSE, Securities Times)

Sector news

EV/Battery: CATL chairman sees EVs becoming AI token factories

• According to CATL chairman Robin Zeng at an industry event on Jun 23

• Many EVs in China could be turned into token factories by tapping their

batteries and AI chips, as many of them are sitting idle most of the time

(>40mn EVs and hybrid cars in total in China).

(Bloomberg)