Investing? Let a robot make the financial decisions

China Guangfa Bank, one of the earliest-incorporated joint-stock commercial banks on the mainland, has launched a computerized investment advisory service, aiming to better integrate its business of offline professional wealth management and online artificial intelligent service.

The artificial intelligent investment adviser, or the so called robot-adviser, is an online wealth management service that provides automated, algorithm-based portfolio advice without the use of human financial planners.

"Chinese investment individuals are more like retail private investors without professional advisories. We are launching the robot-adviser to help them invest in a more rational and low-risk way," said Zong Lexin, vice-president of CGB.