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DBS CEO Tan attributes China's tech-driven growth to AI, biotech, and robotics, despite property and consumer challenges.
DBS CEO Tan Su Shan said China’s tech sectors, including AI, biotech, and robotics, are driving growth despite property market struggles and weak consumer demand.
Speaking Nov. 11, 2025, she highlighted DBS’s new Shanghai wealth center, low interest rates shifting capital from real estate, and government-backed innovation as key factors.
The bank’s 19.4% stake in Shenzhen Rural Commercial Bank supports client expansion.
Tan stressed diversification amid global trade shifts, citing U.S. tariffs and the pandemic as catalysts.
DBS posted stronger-than-expected third-quarter earnings, lifting shares to a record high, though it forecast slightly lower net interest margins in 2026.
El CEO de DBS, Tan, atribuye el crecimiento impulsado por la tecnología de China a la IA, la biotecnología y la robótica, a pesar de los desafíos de la propiedad y el consumo.