The machine shines in Hong Kong A-share fund
Strategy run by ChinaAMC (HK) combines machine learning with human judgement to outdo rivals
China’s falling stocks have wrong-footed scores of fund managers this year but a Hong Kong-based quantitative fund has a different story to tell.
The multi-factor strategy, long-only fund, managed by China Asset Management (Hong Kong) or ChinaAMC (HK), invests in yuan-denominated equities of China’s mainland companies known as A-shares. It has returned 6% so far this year, while peers have lost money.
The fund’s so-called AI China Alpha Strategy uses a machine learning algorithm to identify
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