AI can help the HK Investment Fund Association’s asset management / Currency Trends ~ AI Knows Cold and Warm

SDChain
1 min readJun 6, 2023

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HK SFC chief executive Leung Fung Yee said that AI can help the Hong Kong Investment Fund Association (HKIFA) asset management, and companies must use AI technology carefully. (Golden Financial report)

Blockchain has always had financial attributes, and now the cryptocurrency circle has also blown a wave of quantitative trading, and automated trading strategies one by one are also comparing whose strategy has a higher rate of return. At this time, in addition to writing the strategy manually, AI is also handed over to generate the strategy code draft, and then simulate the test and historical backtest how the data is paid, so it has also become a trend to use it in investment and asset management. However, it should also be noted that at present, it is still necessary to intervene in editing AI generation codes and strategies, because its AI still has uncontrolled risks, so as not to cause biased slippage transactions, which will cause great losses. (SDChain report)

SixDomainChain (SDChain) is the world’s first decentralized public blockchain ecosystem that integrates international standards of IoT Six-Domain Model and reference architecture standards for distributed blockchain.

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