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Ubiquant
Ubiquant () is a Beijing-based hedge fund management firm founded in 2012. It is one of the largest quantitative funds in China. Background Ubiquant was founded in 2012 by Wang Chen and Yao Qicong, former WorldQuant researchers. When Ubiquant first started it was mainly a self-operated commodity trading advisor. In 2014, Ubiquant completed its registration with the Asset Management Association of China. In 2016, Ubiquant launched its full asset management business which featured a wider product line including enhanced indexing and quantitative long/short equity strategies. In 2018, Ubiquant started moving toward using artificial intelligence (AI) methods under big data to drive transactions. From 2019 to early 2020, Ubiquant established its own AI laboratory called AI LAB and built a technical team to research the use of AI to come up with new trading strategies and products. It has also built a data laboratory. In November 2021, a SFC regulated subsidiary named Ubiqu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minghong Investment
Minghong Investment (Minghong; ) is a hedge fund management firm founded in 2014 that is headquartered in Shanghai. It is one of the largest quantitative funds in China. Background In 2014, Minghong was founded by Qiu Huiming. Qiu holds a PhD in physics from the University of Pennsylvania and had previously worked in the U.S. for firms such as Millennium Management, LLC before returning to China to set up his own firm. Minghong did not immediately take off and for years was not one of the largest quantitative funds in China. In 2018, Jie Huanyu joined Minghong as investment director as well as shareholder where he obtained 30% of shares in Minghong. Jie previously worked as a quantitative researcher at Citadel Securities. During 2018, Minghong doubled its assets under management (AUM) after it moved to a medium-to-high frequency statistical arbitrage strategy that boosted excess returns by as much as 20 percentage points annually. In March 2019, Minghong expanded oversea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lingjun Investment
Lingjun Investment (Lingjun; ) is a hedge fund management firm founded in 2014 that is headquartered in Beijing. It is one of the largest quantitative funds in China. Background Lingjun was founded in June 2014 by Cai Meijie who had previously worked at China International Capital Corporation and Penghua Fund Management. Its Chief investment officer, Ma Zhiyu, had previously worked at Millennium Management, LLC. According to the Asset Management Association of China website, the main owner of Lingjun is Cai Jianliang. However, Cai does not hold a position within the firm nor is his profile mentioned. Ma is also another owner via ownership of the investment companies that own Lingjun's equity. On 20 February 2024, the Shanghai and Shenzhen stock exchanges announced that Linjun was banned from buying and selling shares for three days. This came as a result of Lingjun selling 2.57 billion yuan ($360 million) worth shares within a minute between 9:30 a.m. and 9:31 a. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High-Flyer
High-Flyer () is a Chinese hedge fund company incorporated in February 2016. Its legal registration address is in Ningbo, Zhejiang, and its main office location is in Hangzhou, Zhejiang. It is the founder and backer of AI firm DeepSeek. History High-Flyer was founded in February 2016 by Liang Wenfeng and two of his classmates from Zhejiang University. They generated ideas of algorithmic trading as students during the 2007–2008 financial crisis. The company has two AMAC regulated subsidiaries, Zhejiang High-Flyer Asset Management Co., Ltd. and Ningbo High-Flyer Quant Investment Management Partnership LLP which were established in 2015 and 2016 respectively. The two subsidiaries have over 450 investment products. In 2016, High-Flyer experimented with a multi-factor price-volume based model to take stock positions, began testing in trading the following year and then more broadly adopted machine learning-based strategies. In 2019, High-Flyer set up a SFC-regulated subsi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities And Futures Commission
The Securities and Futures Commission (SFC) of Hong Kong is the independent statutory body charged with regulating the securities and futures markets in Hong Kong. The SFC is responsible for fostering an orderly securities and futures markets, to protect investors and to help promote Hong Kong as an international financial centre and a key financial market in China. Even though it is considered to be a branch of the government, it is run independently under the authorisation of the laws relating to Securities and Futures. The head office is in One Island East in Quarry Bay. History The SFC was created in 1989 in response to the stock market crash of 1987. In 1997 following the Asian financial crisis, the regulatory framework was further improved. A comprehensive Securities and Futures Ordinance (SFO) was implemented in 2003, which expanded the SFC's regulatory functions and powers. Andrew Sheng served as chairman of the SFC from 1998 until 2005, when he was succe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2012
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Beijing
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "arti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Companies Established In 2012
Chinese can refer to: * Something related to China * Chinese people, people of Chinese nationality, citizenship, and/or ethnicity **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of various ethnicities in contemporary China ** Han Chinese, the largest ethnic group in the world and the majority ethnic group in Mainland China, Hong Kong, Macau, Taiwan, and Singapore ** Ethnic minorities in China, people of non-Han Chinese ethnicities in modern China ** Ethnic groups in Chinese history, people of various ethnicities in historical China ** Nationals of the People's Republic of China ** Nationals of the Republic of China ** Overseas Chinese, Chinese people residing outside the territories of Mainland China, Hong Kong, Macau, and Taiwan * Sinitic languages, the major branch of the Sino-Tibetan language family ** Chinese language, a group of related languages spoken predominantly in China, sharing a written script (Chinese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hedge Fund Industry In China
The hedge fund industry in China was established in the early 1990s, and has so far undergone four stages: infancy, formation, rapid expansion, and adjustment and standardization. Categories Currently hedge funds in China fall into two categories. One is those companies backed up by the government, including brokers managing pooled property, trust and investment companies' trust and investment projects, and investment companies managing their own capital. The other is private hedge funds. Under the name of "Investment Consulting Company" or "Investment Management Company", they provide management for pooled property. Economic growth trend Against the background of China's fast growing economy, the number of hedge fund investors is increasing rapidly in the country, and the total amount of their wealth is increasing in step. By the end of June 2008, China's residents had RMB 19,460bn ($2,820bn) in bank deposits, of which 80% was in the name of 20% of the population. With such a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shenzhen
Shenzhen (; ; ; ), also historically known as Sham Chun, is a major Sub-provincial division, sub-provincial city and one of the Special economic zones of China, special economic zones of China. The city is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of southern province of Guangdong, bordering Hong Kong to the south, Dongguan to the north, and Huizhou to the northeast. With a population of 17.56 million as of 2020, Shenzhen is the third most populous city by urban population in China after Shanghai and Beijing. Shenzhen is a global center in List of technology centers, technology, List of cities by scientific output, research, Economy of China#Industry and manufacturing, manufacturing, Shenzhen#Economy, business and economics, Global Financial Centres Index, finance, Shenzhen#Tourism, tourism and Transport in China, transportation, and the Port of Shenzhen is the List of busiest container ports, world's fourth busiest container ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. With a population of 24.89 million as of 2021, Shanghai is the most populous urban area in China with 39,300,000 inhabitants living in the Shanghai metropolitan area, the second most populous city proper in the world (after Chongqing) and the only city in East Asia with a GDP greater than its corresponding capital. Shanghai ranks second among the administrative divisions of Mainland China in human development index (after Beijing). As of 2018, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product ( nominal) of nearly 9.1 trillion RMB ($1.33 trillion), exceeding that of Mexico with GDP of $1.22 trillion, the 15th largest in the world. Shanghai is one of the world's major centers fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tsinghua University
Tsinghua University (; abbr. THU) is a national public research university in Beijing, China. The university is funded by the Ministry of Education. The university is a member of the C9 League, Double First Class University Plan, Project 985, and Project 211. Since its establishment in 1911, it has produced many notable leaders in science, engineering, politics, business, academia, and culture. As of 2022, Tsinghua University ranked 14th in the world by the 2023 QS World University Rankings and 16th globally by the 2022 ''Times Higher Education World University Rankings''. In 2021, Tsinghua ranked first in the Asia-Pacific region by '' THE Asia University Rankings'' and the ''U.S. News & World Report''. History Early 20th century (1911–1949) Tsinghua University was established in Beijing during a tumultuous period of national upheaval and conflicts with foreign powers which culminated in the Boxer Rebellion, an uprising against foreign influence in China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
