China’s DeepSeek-led AI revolution could boost financial sector profit by up to 13%: UBS

Lower labour costs as a result of AI could boost profits of brokerages by 8 per cent and insurance firms by 13 per cent, analyst Craig Cao says.

Feb 19, 2025 - 03:30
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China’s DeepSeek-led AI revolution could boost financial sector profit by up to 13%: UBS
Lower labour costs as a result of AI could boost profits of brokerages by 8 per cent and insurance firms by 13 per cent, analyst Craig Cao says.

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