“The rapid development of the Internet, and the speed of information transmission, sentiment transmission, and financial transactions have accelerated markedly in recent years, greatly exacerbating the chain reaction of information shocks, making it easier for traditional financial risks to be amplified and alienated.” Zhang Shouchuan, vice governor of the Industrial and Commercial Bank of China, said at the Global Wealth Management Forum 2024 Shanghai Suhewan Conference on October 26 that the formation and spread of this new type of financial risk places higher demands on the stability of the global financial system.

Zhitongcaijing · 10/26 03:25
“The rapid development of the Internet, and the speed of information transmission, sentiment transmission, and financial transactions have accelerated markedly in recent years, greatly exacerbating the chain reaction of information shocks, making it easier for traditional financial risks to be amplified and alienated.” Zhang Shouchuan, vice governor of the Industrial and Commercial Bank of China, said at the Global Wealth Management Forum 2024 Shanghai Suhewan Conference on October 26 that the formation and spread of this new type of financial risk places higher demands on the stability of the global financial system.