CES 2021 - Microsoft announces the Surface Pro 7+ 2-in-1 PC and the deployment of its 85 ″ Surface Hub 2S

Microsoft is unveiling the Surface Pro 7+, a 2-in-1 laptop PC for business and education, which benefits from some improvements over version 7. The Surface Hub 2S digital board will ship in February. Rumors are rife that a Surface Pro 8 will be released soon. To be patient and to satisfy professionals, Microsoft unveils its Surface Pro 7+, a revised version of the Surface Pro 7 promised as more efficient.    Among the major evolutions of this new model, we note first of all the passage of the Intel Core processors from the 10th to the 11th generation. Storage will still be capped at 1TB, but a maximum of 32GB of RAM can now be installed, down from just 16GB previously. The SSD will also be removable and a Full HD webcam integrated into the Surface.  4G is now supported with a SIM card slot and eSIM support. Plus, battery life gets a big boost, from 10:30 am to 3:00 pm - on paper anyway - with a fast charge to 80% in an hour. The Surface 7 Pro +

China: banks and insurance united by fate

In China, banks will need to strengthen their capital more than ever in the next 18 months. Insurers looking for long-term investments are most interested in this situation. But each situation will have to be carefully assessed.

China: banks and insurance united by fate

In China, banks and insurance companies find themselves united by force of circumstance. The former are expected to continue to raise significant capital over the next two years. The latter, on the other hand, are natural buyers of the financial products that will be issued by the banks, because this offers them a new investment opportunity.

The banking sector has been the second largest borrower in the Chinese capital market since the start of the year. This could continue to be the case, especially if the Central Bank of China finalizes its recapitalization plan for smaller banks. Even for established banks, there is today a great need for capital to face the insolvency risks of their customers. They must also be able to continue to support the country's growth by funding priority businesses.

Chinese insurers are looking for investment products. According to data collected by S&P Global Ratings, the industry has struggled to maintain double-digit growth in assets under management. The Chinese financial market indeed offers low returns in the long term, and also insurance companies have to respect new rules of resource allocation which force them to support the economy on concrete projects. It should be noted that insurers are already major investors in the capital of banks in China.

This marriage of reason, however, has some constraints. “While products issued by banks should help increase returns on investments for insurers, there are risks. The main one is the concentration of holdings in financial sector assets. In addition, many banks hold mutual capital instruments. This can increase systemic risks, including the exposure of insurers to banks, "notes S&P Global Ratings.