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A Jarring Global AI Governance Deficit: ChinaAMC’s report calls for greater AI stewardship

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2 months ago

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A new study of tech firms reveals a major gap between high AI utilization and active risk management, calling for “Responsible AI” stewardship.

BEIJING, July 17, 2026 /PRNewswire/ — While 92% of China-listed tech companies mentioned AI-related keywords in their sustainability reports, only 22% explicitly addressed specialized AI governance, according to a latest report by China Asset Management Co. (ChinaAMC). The gap between “high AI usage” and “low AI governance discussion” is not confined to China, but is a global phenomenon that warrants attention.

Text-mining analysis of the 2025 ESG reports of China’s STAR 50 index constituents reveals that while 49 of the 50 firms mentioned data security, privacy protection and cybersecurity, and 48 generally touched upon “science ethics”, only 11 talked about “AI ethics”, “responsible AI”,”AI risks”, according to the report jointly released by ChinaAMC and ZD Proxy, a proxy advisor firm. A parallel study by UNESCO found similar gaps globally.

This is one of several findings of the report. Launched during the high-profile World Artificial Intelligence Conference(WAIC 2026), the report echoed WAIC’s focus on “Responsible AI” and unpacked the ESG-related opportunities and risks brought about by the AI wave across the E, S, and G dimensions, with a particular focus on identifying the effective practices among enterprises, regulators, and investors. Below are our core findings:

Environmental (E): Green computing is a definitive, long-term secular trend.

Based on our observations and interviews, leading enterprises have widely incorporated the continuous optimization of computing energy efficiency into their client contracts as a hard requirement. Green computing is shifting from a “nice-to-have” benefit to a mandatory “barrier to entry.” Although still in its infancy, the direction of this trend is certain, offering long-term structural opportunities for the industry.

Social (S): Large-scale job restructuring rather than sheer displacement.

Certain roles are indeed disappearing—particularly technical, entry-level positions. A report by Anthropic revealed that for jobs highly exposed to AI, entry rates for young professionals aged 22–25 dropped by more than 10% relative to 2022 levels, while their counterparts over 25 saw no equivalent change.”

However, other studies found client-facing capabilities, domain-specific know-how embedded in actual workflows, and interpersonal people skills remain difficult to replace. In these areas, AI acts more as an enhancer than a replacement. Furthermore, we find that the actual consequences of this social transition are not dictated solely by the technical boundaries of AI; corporate strategic attitudes play an equally vital role. When enterprises position AI as a “multiplier of employee capabilities,” they can effectively drive workforce empowerment and job restructuring, achieving a long-term win-win for labor value.

Governance (G): Most enterprises prioritize application over governance, while regulatory frameworks are taking shape.

Text-mining analysis of the 2025 ESG reports of STAR 50 index constituents reveals that while 92% mentioned AI-related keywords, only 22% explicitly addressed specialized AI governance. This gap—characterized by “high AI usage, low governance discussion—reflects a current governance deficit.

Meanwhile, the world’s three major economies have carved out three distinct regulatory pathways: China balances development with security through agile legislation and rapid iteration; the European Union has built a stringent regulatory framework centered on risk classification; and the United States is experiencing a tug-of-war between federal deregulation and tightening state-level oversight.

Investor Action: “Responsible AI” is evolving from a niche pioneer initiative into a quantifiable, comparable stewardship agenda.

AI-related shareholder proposals continue to surge in the U.S. stock market, and investor attention is shifting toward addressing specific gaps in corporate governance structures. The number of AI-related shareholder proposals rose from 16 in 2023 to 26 in 2025. These AI governance resolutions garnered an average of approximately 30% support from independent shareholders, compared with 16% average support for general environmental and social proposals over the same period.

“Ultimately, we believe that the true impact of AI on ESG depends entirely on how the technology is designed, deployed, and governed,” said Shirley Xu, ESG research head of ChinaAMC. “ChinaAMC is actively building a ‘Responsible AI’ evaluation framework, systematically assessing tech companies from their governance structure, risk identification and assessment, and positive externalities.”

About ChinaAMC:

Founded in April 1998, China Asset Management Co., Ltd. (ChinaAMC) has grown to be one of the largest asset managers in China, with total AUM reaching RMB3.15 trillion (US$465.3 billion, including subsidiaries) as of the end of June 2026. It positioned itself as a full-service and versatile asset management platform that operates across asset classes, industries and regions. In 2017, it became the first full-service asset manager to sign the UN PRI in China. Since then it has conducted over 170 deep engagements with more than 70 Chinese companies. It attended more than 1,000 shareholder meetings in 2025 alone.

Disclaimer

Investment involves risk, including possible loss of principal. The information contained herein is for reference only and reflects prevailing market conditions and our judgment as of the release date, which are subject to change without further notice.

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SOURCE ChinaAMC

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Tecpinion Launches Sweepstakes Industry Analysis Report 2026, Covering Market Insights, Growth, Regulation, Technology and Industry Future

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4 hours ago

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September 26, 2026

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Tecpinion’s 2026 report examines U.S. sweepstakes growth, rules, technology and future scenarios.

MIAMI, Sept. 26, 2026 /PRNewswire-PRWeb/ — Tecpinion, a GLI-19 iGaming platform provider delivering technology solutions across iGaming, sweepstakes, prediction markets and other digital gaming verticals, today announced the launch of its new industry report, “Sweepstakes Industry Analysis 2026: Market Dynamics, Trends & Forecast.”

Sweepstakes industry Report 2026 – Latest Insights into Market Growth, Regulation, Technology and the Future of the sweepstakes/social Industry

The report is designed not only to examine where the sweepstakes industry stands today, but also to share practical market insights and contribute to a more informed industry conversation as the sector continues to evolve.

The research provides a detailed assessment of the U.S. sweepstakes ecosystem, covering market structure, consumer behaviour, business economics, regulation, technology, payments, customer acquisition, competitive dynamics and the 2026–2030 outlook. It spans 16 analytical sections, five market segments and 12 U.S. states, supported by nine strategic exhibits and 21 primary, regulatory, standards and company sources.

As the industry moves from experimentation toward greater professionalisation, the report highlights a shift in competitive priorities. Launch speed alone is becoming less important as operators increasingly need to balance customer acquisition, retention, payment reliability, fraud prevention, promotional costs, regulatory requirements and consumer trust.

A Sneak Peek at the Report

One of the report’s key observations is that a single official market-size figure cannot accurately capture the sweepstakes industry. Different estimates can cover very different segments. Rather than presenting an unsupported headline number, the report takes a segmented, scenario-based approach to understanding the market.

The report identifies five key segments: promotional sweepstakes, social casino, sweepstakes casino, prize-based gaming and B2B sweepstakes technology.

Technology is also becoming a major competitive layer. Modern platforms increasingly depend on PAM, payments, identity and age verification, geolocation, fraud detection, CRM, analytics, game aggregation and security. The report also explores practical AI applications, including LTV prediction, churn analysis, player segmentation, fraud detection, forecasting and customer support.

Regulation remains another defining factor. The report assesses 12 U.S. states, examining regulatory attention and legislative activity while highlighting the importance of jurisdiction-specific analysis.

Looking ahead, the report presents four 2026–2030 scenarios – professionalisation, high growth, regulatory constraint and technology-driven growth, and explores how regulation, technology, payments, trust and customer economics could shape the industry’s next phase.

Knowledge Sharing at the Core

For Tecpinion, the report is also about sharing knowledge, not just presenting data.

“We believe the industry grows stronger when knowledge is shared. Sweepstakes is evolving quickly, and operators and technology providers are facing many of the same questions around regulation, technology, payments, customer acquisition, trust and long-term sustainability. By sharing our research and observations, we want to contribute to a more informed industry where businesses can learn from one another, innovate responsibly and build for the long term.” said [Manoj Trivedi, Co-Founder & CSMO, Tecpinion].

The publication forms part of Tecpinion’s broader commitment to industry research, thought leadership and knowledge sharing across the evolving digital gaming ecosystem.

Access the Full Report

The full “Sweepstakes Industry Analysis 2026: Market Dynamics, Trends & Forecast” is now available for operators, technology providers, affiliates, investors and industry professionals looking to understand the trends, challenges and opportunities shaping the market.

👉 [Explore the Full Report]

About Tecpinion

Tecpinion is a GLI-19 iGaming platform provider delivering technology solutions across online casino, sportsbook, sweepstakes, prediction markets, social gaming and emerging gaming verticals. Its offerings include full source code, iGaming platform development, PAM, game aggregation, payment solutions, KYC, geolocation, fraud prevention, CRM, bonuses and promotions, affiliate management, analytics, responsible gaming, security and compliance technology.

Media Contact:

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Media Contact
Manoj Trivedi, TECPINION, 91 9926504499, sales@tecpinion.com, https://www.tecpinion.com/ 

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SOURCE TECPINION

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Agoda Unveils 2026 Return Visitor Ranking: Tokyo Is Asia’s Most Revisited City

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9 hours ago

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September 26, 2026

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SINGAPORE, Sept. 26, 2026 /PRNewswire/ — Digital travel platform Agoda has unveiled its latest Repeat Visitor Ranking, highlighting the top 10 destinations across Asia that keep travelers coming back for more. Based on bookings made during the first half of the year, Agoda reveals that Tokyo has claimed the top spot for the first time, overtaking Bangkok. Rounding out the top five are Bali—ranking third place for the first time—followed by Seoul and Osaka. Da Nang, Kuala Lumpur, Fukuoka, Taipei, and Johor Bahru complete the top 10 list.

Some destinations have a way of calling travelers back for more. The chance to discover new attractions, revisit fond favorites, or simply enjoy the familiar surroundings keeps travelers booking again and again. Agoda’s data shows that these beloved places often attract repeat visits, with some travelers returning multiple times in just the first half of the year.

Tokyo’s rise to number one reflects its unique ability to offer something new with each visit, from seasonal spectacles like cherry blossoms to hidden neighborhoods and an unmatched culinary scene. Bangkok, ranking second, continues to captivate with its unparalleled wellness experiences, world-class dining, and cultural landmarks. Bali’s climb to third place underscores the island’s magnetic appeal with its irresistible beaches, spiritual retreats, and lush landscapes that enchant travelers time and again.

This year’s ranking also reveals the rising appeal of Japan and Vietnam as increasingly popular places people love to revisit. Beyond Tokyo’s ascent to the top, Fukuoka has entered the top 10 for the first time at number eight, signaling travelers’ desire to explore beyond Japan’s traditional tourist hubs to experience Fukuoka’s renowned ramen culture and laid-back atmosphere. Meanwhile, Vietnam’s Da Nang has climbed two spots to sixth place, with its stunning beaches, proximity to UNESCO sites like Hoi An, and excellent value drawing visitors back repeatedly.

Andrew Smith, Senior Vice President, Supply at Agoda, shared, “Asia is home to so many destinations that are worth revisiting, and what we’re seeing is that travelers are building relationships with their favorite cities. The shift with Tokyo’s rise to number one and destinations like Fukuoka and Da Nang gaining ground show that travelers are finding new reasons to return, whether it’s seasonal attractions, undiscovered neighborhoods, or simply great food. At Agoda, we’re here to make those return trips easy and rewarding.”

For travelers looking to revisit their favorite destinations or discover new ones, Agoda offers over 6 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, all of which can be combined in a single booking. Visit the website at www.Agoda.com or download the mobile app for the best deals.

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SOURCE Agoda

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FDIC Appoints Sunwest Bank as Nano Banc’s Acquiring Institution

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10 hours ago

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September 26, 2026

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IRVINE, Calif., Sept. 25, 2026 /PRNewswire/ — Sunwest Bank has acquired Nano Banc of Irvine, California in an FDIC-assisted acquisition. The Federal Deposit Insurance Corporation (FDIC) accepted receivership of Nano Banc from the Department of Financial Protection and Innovation (DFPI), which closed Nano Banc on Friday, September 25th. The FDIC subsequently entered into an agreement with Sunwest Bank, under which Sunwest agreed to acquire substantially all the deposits and a portion of assets of Nano Banc. The assumed deposits total approximately $605 million and assumed loans total $227 million.

Nano Banc customers will have immediate access to their deposits. Over the weekend, they can access their deposits by writing checks, using ATMs or through their debit cards. Checks drawn on Nano Banc will continue to be processed. All loan customers should continue to make their payments as usual. The former Nano Banc will reopen as Sunwest Bank on Monday, September 28th.

“We are honored to once again to be selected by the FDIC as the acquiring institution of an FDIC-assisted acquisition, marking the sixth time Sunwest Bank has completed such a transaction,” said Carson Lappetito, President and CEO of Sunwest Bank. “This opportunity reflects the financial strength, disciplined management, and stability that have defined Sunwest Bank for more than five decades. We are excited to welcome Nano Banc’s customers to Sunwest and show them the high-touch service, advanced technology and sophistication we offer to our clients.”

Customers with questions should contact the FDIC toll-free at 1-866-314-1744 or visit the FDIC Website at FDIC.GOV. This phone number will be operational this evening until 8:00 p.m., Pacific Time (PT); on Saturday from 9:00 a.m. to 5:00 p.m., PT; Sunday from noon to 12:00 p.m. to 4:00 p.m., PT; Monday from 8:00 a.m. to 5:00 p.m., PT, and thereafter, weekdays from 8:00 a.m. to 4:00 p.m., PT. 

About Sunwest Bank

Founded in 1969, Sunwest Bank is a privately held commercial bank with over $5.0 billion in assets. With a growing presence throughout the United States, Sunwest is headquartered in Sandy, Utah, with offices across California, Arizona, Idaho, Colorado, Utah, and Florida. The bank partners with businesses,

individuals, and entrepreneurs nationwide to deliver leading banking services including technology forward treasury management, commercial and real estate lending products, and corporate financial solutions.

With a strong capital position and a commitment to innovation, Sunwest Bank continues to challenge traditional banking models through forward-thinking initiatives designed to support its clients’ growth and long-term success. Sunwest Bank operates with a Fortress Balance Sheet, long-term outlook, and has an impeccable track record of supporting their clients through all economic cycles.

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SOURCE Sunwest Bank

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