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Deeply sorry : China hedge fund apologises after trading ban for market disruption in first punishment since Beijing s vow to stem stock rout

Lingjun Investment has apologised after being slapped with a three-day trading ban in Shanghai and Shenzhen. ‘Disruptive’ trading by quant hedge funds are being scrutinised by authorities who are seeking to prevent further losses in local stocks.

China fund managers embrace robots as competition intensifies

China fund managers embrace robots as competition intensifies Reuters 1 hour ago © Reuters/JASON LEE Investors check share prices at a brokerage office in Beijing By Samuel Shen and Andrew Galbraith Popular Searches SHANGHAI (Reuters) - Chinese fund managers, grappling with a rapidly-growing list of publicly-traded securities and mountains of data, are rapidly embracing machine learning and other types of artificial intelligence (AI) to boost efficiency and bolster returns. From using computers for analyzing news and research reports and crunching numbers to getting robots to pick stocks, the move comes as foreign players are expanding their footprint in China s $3.4-trillion mutual fund industry.

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